Adams, Oregon Property Taxes
The median property tax rate in Adams, OR is 0.83%, which is lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $243,190 in Adams, the typical annual property tax bill amounts to $2,051, falling below the national median of $2,690. Property taxes in Adams are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Adams' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Adams 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
Adams, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$2,018
Ownwell’s Adams Property Tax Bill Calculator assists homeowners, real estate investors, and prospective buyers in estimating their annual property taxes in Adams with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adams to provide an estimated property tax bill. This valuable tool helps you grasp potential tax obligations. For those interested in more granular insights, continue scrolling to discover neighborhood-level trends. Your property’s assessed value, determined by the county, is crucial for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Adams, Oregon
Property taxes in Adams, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adams is 0.83%, lower than both the Oregon state median of 1.02% and the U.S. national median of 0.99%. Local government entities within Adams set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adams 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 Adams' effective property tax rate to other areas in Oregon and the national median. For comparison, the 97810 zip code has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these areas compare with Adams provides valuable insights into the varying tax landscape across Umatilla County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adams Tax Rate
0.83%
Average Umatilla County Tax Rate
1.10%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adams, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97810 | 0.46% | 0.59% | 0.83% | 1.13% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Adams, Oregon
In Adams, 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 Umatilla 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 Adams, 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 Adams helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,051, located in the 97810 zip code.
Average Adams Assessed Value
$243,190
Average Umatilla County Assessed Value
$206,880
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adams, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97810 | $62,714 | $125,130 | $243,190 | $388,565 | $626,070 |
Source: Ownwell
Property Tax Bills Across Adams, Oregon
In Adams, property tax bills are determined based on the assessed value of a home, which is derived from the market value. The median home price in Adams stands at $243,190. Property tax rates in Adams are influenced by local government budgets and the need to fund public services such as schools, infrastructure, and emergency services. The tax bill varies significantly across different percentiles. For instance, homeowners in the 25th percentile pay around $1,031, while those in the 75th percentile face a tax bill of approximately $3,218. At the 90th percentile, the tax bill can reach up to $4,728. Comparatively, the national median property tax rate is 0.99%, making Adams' tax bills relatively moderate. The highest and lowest median tax bills in the area are both $2,051, found in the zip code 97810. These tax bills directly impact homeowners' annual expenses, influencing their overall cost of living and financial planning.
Average Adams Tax Bill
$2,051
Average Umatilla County Tax Bill
$2,157
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Adams, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97810 | $527 | $1,031 | $2,051 | $3,218 | $4,728 |
Source: Ownwell