Pendleton, Oregon Property Taxes
The median property tax rate in Pendleton, OR is 1.07%, which is higher than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $229,575, the typical annual property tax bill in Pendleton reaches $2,444, slightly below the national median of $2,690. Property taxes in Pendleton are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Pendleton'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 Pendleton 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
Pendleton, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,456
Ownwell’s Pendleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pendleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pendleton 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 Pendleton, Oregon
Property taxes in Pendleton, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pendleton is 1.07%, higher than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Pendleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pendleton 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 Pendleton's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97801 zip code has the highest median property tax rate of 1.07%, while the lowest median tax rate is also 1.07%. Understanding how these cities compare with Pendleton 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 Pendleton Tax Rate
1.07%
Average Umatilla County Tax Rate
1.10%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pendleton, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | 0.67% | 0.87% | 1.07% | 1.25% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Pendleton, Oregon
In Pendleton, 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 Pendleton, 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 Pendleton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pendleton is $229,575, with the median tax bill at $2,444 in zip code 97801. This knowledge is essential for homeowners aiming to optimize their property tax outcomes.
Average Pendleton Assessed Value
$229,575
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 Pendleton, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | $116,043 | $166,368 | $229,575 | $323,498 | $443,742 |
Source: Ownwell
Property Tax Bills Across Pendleton, Oregon
In Pendleton, Umatilla County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. Factors such as property improvements, location, and market trends influence this assessed value. Once the assessed value is established, a tax rate is applied to calculate the annual property tax bill. For homeowners in Pendleton, the median home price is $229,575. The property tax bill can vary significantly, with the 25th percentile at $1,707 and the 75th percentile reaching $3,463. The 90th percentile sees bills as high as $4,620. These figures reflect the range of property tax burdens homeowners might face, depending on their property's assessed value and applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, the tax rate in Pendleton may be more or less favorable, impacting homeowners' financial planning and budgeting. Understanding these factors can help homeowners anticipate and manage their property tax obligations effectively.
Average Pendleton Tax Bill
$2,444
Average Umatilla County Tax Bill
$2,157
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Pendleton, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | $1,034 | $1,707 | $2,444 | $3,463 | $4,620 |
Source: Ownwell