Crawfordsville, Oregon Property Taxes
The median property tax rate in Crawfordsville, OR is 0.60%, which is significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. Given the median home value in Crawfordsville is $221,315, the typical annual property tax bill amounts to $1,175, falling well below the national median of $2,690. Property taxes in Crawfordsville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Crawfordsville'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 Crawfordsville 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
Crawfordsville, Oregon Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,720
Ownwell’s Crawfordsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crawfordsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crawfordsville 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 Crawfordsville, Oregon
Property taxes in Crawfordsville, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crawfordsville is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Crawfordsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crawfordsville 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 Crawfordsville's effective property tax rate to other areas in Oregon and the national median. For comparison, the 97336 zip code has the highest median property tax rate of 0.60%, while the same zip code also has the lowest median tax rate of 0.60%. Understanding how these areas compare with Crawfordsville provides valuable insights into the varying tax landscape across Linn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crawfordsville Tax Rate
0.60%
Average Linn County Tax Rate
0.82%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crawfordsville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97336 | 0.37% | 0.45% | 0.60% | 0.68% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Crawfordsville, Oregon
In Crawfordsville, 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 Linn 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 Crawfordsville, 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 Crawfordsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,175 in the 97336 zip code, while the lowest median tax bill is also $1,175 in the same zip code.
Average Crawfordsville Assessed Value
$221,315
Average Linn County Assessed Value
$372,065
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crawfordsville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97336 | $33,924 | $123,252 | $221,315 | $333,975 | $458,299 |
Source: Ownwell
Property Tax Bills Across Crawfordsville, Oregon
In Crawfordsville, located in Linn County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For homeowners in Crawfordsville, the median home price is $221,315. The tax bills can vary significantly, with the 25th percentile tax bill at $641 and the 75th percentile reaching $2,145. At the 90th percentile, homeowners might see tax bills as high as $3,072. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Crawfordsville to understand how their local rates and assessed values impact their annual expenses. This variability in tax bills can significantly affect household budgets, making it crucial for homeowners to stay informed about property tax assessments and potential appeals.
Average Crawfordsville Tax Bill
$1,175
Average Linn County Tax Bill
$3,138
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Crawfordsville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97336 | $269 | $641 | $1,175 | $2,145 | $3,072 |
Source: Ownwell