Antelope, Oregon Property Taxes
The median property tax rate in Antelope, Oregon is 1.38%, considerably higher than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Antelope, the typical annual property tax bill reaches $402, which is significantly lower than the national median of $2,690. Property taxes in Antelope are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Antelope'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 Antelope 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
Antelope, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$382
Ownwell’s Antelope Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antelope with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antelope 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 Antelope, Oregon
Property taxes in Antelope, Oregon, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antelope is 1.38%, significantly higher than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Antelope set these rates annually, and they can vary across different neighborhoods. Each year, Antelope 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 Antelope's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97001 zip code has both the highest and lowest median property tax rate of 1.38%. Understanding how these cities compare with Antelope provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antelope Tax Rate
1.38%
Average Jefferson County Tax Rate
0.67%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antelope, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97001 | 1.30% | 1.33% | 1.38% | 1.43% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Antelope, Oregon
In Antelope, 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 Jefferson County Appraisal District 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 Antelope, 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 Antelope helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 97001, both at $402.
Average Antelope Assessed Value
$27,650
Average Jefferson County Assessed Value
$346,110
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antelope, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97001 | $11,050 | $17,275 | $27,650 | $38,025 | $44,250 |
Source: Ownwell
Property Tax Bills Across Antelope, Oregon
In Antelope, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is a percentage of the market value of the home. Antelope, located in Jefferson County, has a median home price of $27,650. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, size, and improvements, as well as any applicable exemptions or deductions. For instance, homeowners in the 25th percentile pay around $245 annually, while those in the 75th percentile face bills closer to $560. The highest median tax bill in the area is $402, consistent across the zip code 97001. These property taxes fund essential community services such as schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated is crucial for financial planning and anticipating annual expenses.
Average Antelope Tax Bill
$402
Average Jefferson County Tax Bill
$2,261
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Antelope, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97001 | $151 | $245 | $402 | $560 | $654 |
Source: Ownwell