Harrisburg, Oregon Property Taxes
The median property tax rate in Harrisburg, Oregon is 0.81%, lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Harrisburg at $380,175, the typical annual property tax bill reaches $3,099, which exceeds the national median of $2,690. Property taxes in Harrisburg 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 Harrisburg'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 Harrisburg 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
Harrisburg, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$3,079
Ownwell’s Harrisburg Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Harrisburg using just two data points. By inputting your property's estimated assessed value, the calculator applies the median tax rate in Harrisburg to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, scroll down to discover more localized information. Your property’s assessed value is determined by the county for property tax purposes and considers any applicable exemptions.
Property Tax Rates Across Harrisburg, Oregon
Property taxes in Harrisburg, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Harrisburg is 0.81%, which is lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Harrisburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Harrisburg 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 Harrisburg's effective property tax rate to other areas in Oregon and the national median. For comparison, the zip code 97446 has the highest median property tax rate of 0.81%, while the lowest median tax rate is also 0.81% in the same zip code. Understanding how these cities compare with Harrisburg 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 Harrisburg Tax Rate
0.81%
Average Linn County Tax Rate
0.82%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harrisburg, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97446 | 0.42% | 0.65% | 0.81% | 0.94% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Harrisburg, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Harrisburg, Oregon. The market value represents 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 Harrisburg, 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 Harrisburg 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 bills is 97446, with a median tax bill of $3,099.
Average Harrisburg Assessed Value
$380,175
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 Harrisburg, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97446 | $75,433 | $305,572 | $380,175 | $491,568 | $810,927 |
Source: Ownwell
Property Tax Bills Across Harrisburg, Oregon
In Harrisburg, Linn County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Harrisburg stands at $380,175. The tax rate is applied to this assessed value to determine the annual tax bill. For homeowners, the tax bill can vary significantly. For example, the 25th percentile tax bill is $2,171, while the 75th percentile tax bill reaches $4,122, and the 90th percentile tax bill can go up to $5,293. These variations are influenced by factors such as property improvements, neighborhood developments, and changes in market conditions. Harrisburg's property tax rate is compared to the national median property tax rate of 0.99%, providing a benchmark for homeowners to understand their tax obligations. Homeowners in Harrisburg should be aware that these tax bills directly impact their annual expenses and budget planning, making it crucial to stay informed about property assessments and potential appeals.
Average Harrisburg Tax Bill
$3,099
Average Linn County Tax Bill
$3,138
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Harrisburg, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97446 | $613 | $2,171 | $3,099 | $4,122 | $5,293 |
Source: Ownwell