Carlsbad, Oregon Property Taxes
The median property tax rate in Carlsbad, OR is 0.79%, which is lower than both the national median of 0.99% and Oregon's state median of 0.86%. With a median home value of $469,080 in Carlsbad, the typical annual property tax bill reaches $3,720, significantly surpassing the national median of $2,690. Property taxes in Carlsbad are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Carlsbad'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 Carlsbad 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
Carlsbad, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$3,706
Ownwell’s Carlsbad Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carlsbad with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlsbad 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 Carlsbad, Oregon
Property taxes in Carlsbad, Oregon, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlsbad is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Carlsbad set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlsbad 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 Carlsbad's effective property tax rate to other counties in Oregon and the national median. For comparison, the 92009 zip code has the highest median property tax rate of 0.79%, while the same zip code also has the lowest median tax rate of 0.79%. Understanding how these cities compare with Carlsbad provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlsbad Tax Rate
0.79%
Average Jackson County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlsbad, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92009 | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Carlsbad, Oregon
In Carlsbad, 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 Jackson 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 Carlsbad, 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 Carlsbad helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 92009 has the highest median tax bill of $3,720, which is also the lowest median tax bill in the area.
Average Carlsbad Assessed Value
$469,080
Average Jackson County Assessed Value
$322,910
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlsbad, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92009 | $469,080 | $469,080 | $469,080 | $469,080 | $469,080 |
Source: Ownwell
Property Tax Bills Across Carlsbad, Oregon
In Carlsbad, located in Jackson County, OR, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Carlsbad is $469,080, and homeowners can expect to pay a median property tax bill of $3,720, which is notably higher than the national median property tax rate of 0.99%. Several factors influence the property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. The 25th, 75th, and 90th percentile tax bills in Carlsbad are all $3,720, indicating a consistent tax rate across different property values. For homeowners, this means that property taxes can represent a significant portion of their annual expenses, impacting their overall financial planning and budgeting. Understanding how these taxes are calculated helps homeowners anticipate and manage their yearly financial obligations.
Average Carlsbad Tax Bill
$3,720
Average Jackson County Tax Bill
$2,797
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlsbad, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92009 | $3,720 | $3,720 | $3,720 | $3,720 | $3,720 |
Source: Ownwell