Tenmile, Oregon Property Taxes
The median property tax rate in Tenmile, OR is 0.62%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $178,885 in Tenmile, the typical annual property tax bill is $975, which is well below the national median of $2,690. Property taxes in Tenmile are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Tenmile's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Tenmile or another part of Douglas County, having a grasp of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tenmile, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$1,109
Ownwell’s Tenmile Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tenmile with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tenmile to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Tenmile, Oregon
Property taxes in Tenmile, Oregon, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tenmile is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Tenmile set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tenmile estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Tenmile's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97481 has the highest median property tax rate of 0.62%, while the same zip code also has the lowest median tax rate of 0.62%. Understanding how these areas compare with Tenmile provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tenmile Tax Rate
0.62%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tenmile, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97481 | 0.45% | 0.53% | 0.62% | 0.82% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Tenmile, Oregon
In Tenmile, Oregon, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Douglas County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Tenmile, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Tenmile helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Tenmile is $178,885. For those in the 25th percentile, the tax bill is around $187, while those in the 75th percentile face a tax bill of $1,736. The highest and lowest median tax bills in the area are both $975, found in zip code 97481.
Average Tenmile Assessed Value
$178,885
Average Douglas County Assessed Value
$222,242
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tenmile, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97481 | $6,351 | $28,699 | $178,885 | $291,243 | $381,354 |
Source: Ownwell
Property Tax Bills Across Tenmile, Oregon
In Tenmile, located in Douglas County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The tax rate is applied to this assessed value to determine the annual property tax bill. Factors such as the property's size, location, and improvements can influence the assessed value. For homeowners in Tenmile, the median home price is $178,885. Tax bills can vary significantly; for example, the 25th percentile tax bill is $187, while the 75th percentile tax bill is $1,736, and the 90th percentile tax bill reaches $2,374. This range highlights the variability in tax obligations depending on individual property assessments. Compared to the national median property tax rate of 0.99%, Tenmile's property tax rates can have a significant impact on homeowners, influencing their annual budgets and long-term financial planning. Understanding these factors is crucial for homeowners to anticipate their property tax responsibilities accurately.
Average Tenmile Tax Bill
$975
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Tenmile, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97481 | $58 | $187 | $975 | $1,736 | $2,374 |
Source: Ownwell