John Day, Oregon Property Taxes
The median property tax rate in John Day, OR is 0.80%, which is lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in John Day at $222,750, the typical annual property tax bill amounts to $1,745, significantly below the national median of $2,690. Property taxes in John Day are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding John Day's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of John Day or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
John Day, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$1,782
Ownwell’s John Day Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in John Day with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in John Day 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 John Day, Oregon
Property taxes in John Day, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in John Day is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within John Day set these rates annually, and they can vary across different neighborhoods. Each year, John Day 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 John Day's effective property tax rate to other counties and the national median. For comparison, the zip code 97845 has the highest median property tax rate of 0.80%, while the same zip code also has the lowest median tax rate of 0.80%. Understanding how these figures compare with John Day provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average John Day Tax Rate
0.80%
Average Grant County Tax Rate
0.75%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across John Day, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97845 | 0.60% | 0.70% | 0.80% | 0.90% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across John Day, Oregon
In John Day, 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 Grant 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 John Day, 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 John Day helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 97845, with a median tax bill of $1,745.
Average John Day Assessed Value
$222,750
Average Grant County Assessed Value
$184,015
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across John Day, Oregon
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97845 | $117,014 | $159,070 | $222,750 | $320,810 | $444,580 |
Source: Ownwell
Property Tax Bills Across John Day, Oregon
In John Day, located in Grant County, OR, property tax bills are calculated based on the assessed value of a home, which often differs from its market value. The assessed value is determined by the local tax assessor and is used to calculate the property tax bill. Several factors influence this assessed value, including the property's size, age, location, and any improvements made. Homeowners in John Day can expect varying property tax bills. For instance, the tax bill at the 25th percentile is around $1,218, while at the 75th percentile, it rises to approximately $2,545. The highest median tax bill in the area is $1,745, which is consistent across zip code 97845. This is relatively lower compared to the national median property tax rate of 0.99%. These property tax bills significantly impact homeowners, influencing their overall housing costs and potentially affecting their ability to invest in property improvements or other financial ventures. Understanding how these taxes are calculated can help homeowners better manage their finances and plan for future expenses.
Average John Day Tax Bill
$1,745
Average Grant County Tax Bill
$1,399
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across John Day, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97845 | $888 | $1,218 | $1,745 | $2,545 | $3,520 |
Source: Ownwell