Aloha, Oregon Property Taxes
The median property tax rate in Aloha, OR is 0.74%, which is lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Aloha at $738,175, the typical annual property tax bill reaches $6,236, significantly exceeding the national median of $2,690. Property taxes in Aloha 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 Aloha'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 Aloha 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
Aloha, 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 Aloha Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aloha with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aloha 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 Aloha, Oregon
Property taxes in Aloha, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aloha is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Aloha set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aloha 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 Aloha's effective property tax rate to other areas in Washington County and the national median. For comparison, the 97078 zip code has the highest and lowest median property tax rate of 0.74%. Understanding how these areas compare with Aloha provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aloha Tax Rate
0.74%
Average Washington County Tax Rate
0.93%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aloha, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97078 | 0.58% | 0.68% | 0.74% | 0.79% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Aloha, Oregon
In Aloha, 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 Washington 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 Aloha, 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 Aloha helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Aloha is $738,175, with the highest median tax bill of $6,236 in the 97078 zip code.
Average Aloha Assessed Value
$738,175
Average Washington County Assessed Value
$529,930
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aloha, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97078 | $301,712 | $518,405 | $738,175 | $945,268 | $1,139,141 |
Source: Ownwell
Property Tax Bills Across Aloha, Oregon
In Aloha, Washington County, OR, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is a percentage of your property's market value and is used to calculate your property tax bill. The median home price in Aloha is $738,175, and property tax rates in the area can vary significantly. Homeowners in Aloha can expect their tax bills to range widely. For instance, the tax bill at the 25th percentile is approximately $3,760, while it climbs to $8,126 at the 75th percentile. At the 90th percentile, it reaches up to $8,838. The highest median tax bill in Aloha is $6,236, which is notably higher than the national median property tax rate of 0.99%. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the community's overall quality of life.
Average Aloha Tax Bill
$6,236
Average Washington County Tax Bill
$4,896
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Aloha, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97078 | $1,992 | $3,760 | $6,236 | $8,126 | $8,838 |
Source: Ownwell