Property Taxes in Oregon
The median Oregon property tax rate is 0.86%, which is lower than the national median of 0.99%. With a median home value of $438,140, the typical Oregon property tax bill amounts to $3,628 annually. This is notably higher than the national median annual property tax bill. Property taxes in Oregon are based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences or agricultural properties. Understanding your county's specific property tax system, exploring available property tax exemptions, and recognizing opportunities for property tax reductions can result in significant annual savings. Whether you're in Portland, Eugene, Salem, or any other Oregon locale, familiarizing yourself with the property taxes in your area can benefit both homeowners and investors.
Last Updated June 14, 2024
Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$3,768
$3,497
Ownwell’s Oregon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Oregon with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Oregon to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a county or city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Oregon
Property taxes in Oregon fund essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oregon is 0.86% compared to the national median tax rate of 0.99%. The tax rate is set by local government entities, and it can vary widely between different areas within the state. Each county estimates its required budget to provide services for the upcoming year, and then divides that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, that is the process followed each year. Compare an Oregon county’s effective property tax rate to other counties in Oregon or the US median property tax rate below. Umatilla County has the highest property tax rate in Oregon at 1.10%. Curry County has the lowest property tax rate in Oregon at 0.48%.
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oregon
County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Baker | 0.39% | 0.59% | 0.80% | 0.98% | 1.17% |
Benton | 0.65% | 0.84% | 0.99% | 1.11% | 1.21% |
Clackamas | 0.59% | 0.75% | 0.92% | 1.04% | 1.15% |
Clatsop | 0.46% | 0.54% | 0.63% | 0.75% | 0.94% |
Columbia | 0.50% | 0.63% | 0.75% | 0.84% | 0.94% |
Coos | 0.39% | 0.47% | 0.60% | 0.75% | 0.87% |
Crook | 0.37% | 0.47% | 0.56% | 0.65% | 0.72% |
Curry | 0.29% | 0.37% | 0.48% | 0.59% | 0.68% |
Deschutes | 0.40% | 0.50% | 0.59% | 0.68% | 0.78% |
Douglas | 0.39% | 0.52% | 0.66% | 0.88% | 1.04% |
Gilliam | 0.57% | 0.71% | 0.87% | 1.03% | 1.15% |
Grant | 0.37% | 0.58% | 0.75% | 0.89% | 0.99% |
Harney | 0.50% | 0.74% | 0.93% | 1.05% | 1.25% |
Hood River | 0.38% | 0.50% | 0.62% | 0.74% | 0.94% |
Jackson | 0.50% | 0.68% | 0.87% | 1.00% | 1.14% |
Jefferson | 0.44% | 0.54% | 0.67% | 0.79% | 1.00% |
Josephine | 0.32% | 0.38% | 0.51% | 0.71% | 0.81% |
Klamath | 0.39% | 0.53% | 0.72% | 1.08% | 1.45% |
Lake | 0.24% | 0.47% | 0.80% | 1.18% | 1.42% |
Lane | 0.53% | 0.67% | 0.86% | 1.03% | 1.17% |
Lincoln | 0.60% | 0.71% | 0.84% | 0.99% | 1.14% |
Linn | 0.42% | 0.60% | 0.82% | 1.00% | 1.11% |
Malheur | 0.30% | 0.57% | 0.85% | 0.92% | 1.01% |
Marion | 0.56% | 0.72% | 0.84% | 0.97% | 1.08% |
Morrow | 0.41% | 0.55% | 0.82% | 1.03% | 1.35% |
Multnomah | 0.77% | 0.91% | 1.07% | 1.29% | 1.73% |
Polk | 0.50% | 0.67% | 0.82% | 0.97% | 1.05% |
Sherman | 0.50% | 0.64% | 0.76% | 0.88% | 1.09% |
Tillamook | 0.43% | 0.49% | 0.57% | 0.68% | 0.83% |
Umatilla | 0.58% | 0.83% | 1.10% | 1.35% | 1.56% |
Union | 0.60% | 0.75% | 0.94% | 1.08% | 1.22% |
Wallowa | 0.25% | 0.35% | 0.48% | 0.63% | 0.76% |
Wasco | 0.50% | 0.67% | 0.78% | 0.92% | 1.10% |
Washington | 0.73% | 0.83% | 0.93% | 1.05% | 1.18% |
Wheeler | 0.29% | 0.55% | 0.87% | 1.22% | 1.42% |
Yamhill | 0.45% | 0.59% | 0.74% | 0.83% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Oregon
When examining property taxes in Oregon, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by factors such as location, property condition, and economic market trends. Market value is estimated by each Oregon county assessor for tax purposes. The assessed value is then the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes, or the amount multiplied by your tax rate to get your tax bill. Assessment notices in Oregon are sent in the spring each year. They should reach your mailbox typically by the end of April. Each property owner receives an assessment notice that contains both the market value and assessed value along with an estimate of your property tax bill. By providing insights into how assessed values and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Oregon. Multnomah County has the highest median tax bill at $5,046, while Lake County has the lowest at $884.
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oregon
County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Baker | $88,856 | $151,250 | $242,200 | $376,485 | $568,118 |
Benton | $224,208 | $371,960 | $469,320 | $590,130 | $747,766 |
Clackamas | $220,549 | $423,342 | $564,773 | $771,418 | $1,106,205 |
Clatsop | $159,634 | $359,843 | $501,530 | $706,345 | $1,044,589 |
Columbia | $178,318 | $313,445 | $443,380 | $572,250 | $761,940 |
Coos | $170,464 | $246,425 | $340,850 | $474,670 | $653,932 |
Crook | $152,969 | $291,070 | $411,765 | $603,455 | $915,085 |
Curry | $50,445 | $207,942 | $352,065 | $513,092 | $724,729 |
Deschutes | $359,950 | $489,552 | $646,345 | $910,580 | $1,289,565 |
Douglas | $10,577 | $78,895 | $222,242 | $343,325 | $481,887 |
Gilliam | $54,336 | $107,395 | $185,135 | $296,868 | $460,041 |
Grant | $65,587 | $113,418 | $184,015 | $297,422 | $441,347 |
Harney | $48,355 | $89,068 | $154,155 | $232,162 | $342,635 |
Hood River | $51,286 | $315,890 | $504,545 | $700,430 | $965,639 |
Jackson | $88,910 | $198,040 | $322,910 | $450,950 | $617,292 |
Jefferson | $106,440 | $239,900 | $346,110 | $484,610 | $651,860 |
Josephine | $54,535 | $233,028 | $338,885 | $449,608 | $628,040 |
Klamath | $26,546 | $77,060 | $184,440 | $319,050 | $481,004 |
Lake | $23,336 | $48,560 | $110,290 | $271,520 | $851,488 |
Lane | $55,773 | $247,903 | $368,888 | $482,480 | $631,476 |
Lincoln | $70,620 | $196,538 | $341,090 | $523,472 | $724,297 |
Linn | $105,040 | $263,108 | $372,065 | $494,530 | $669,661 |
Malheur | $81,599 | $143,445 | $234,525 | $387,388 | $705,867 |
Marion | $161,936 | $302,650 | $390,390 | $502,950 | $658,600 |
Morrow | $69,780 | $132,380 | $224,380 | $343,550 | $516,210 |
Multnomah | $225,614 | $385,460 | $496,670 | $646,378 | $850,643 |
Polk | $89,849 | $272,615 | $397,555 | $494,470 | $596,574 |
Sherman | $36,590 | $68,985 | $168,555 | $283,945 | $436,895 |
Tillamook | $62,919 | $207,898 | $397,740 | $670,340 | $983,064 |
Umatilla | $42,167 | $129,450 | $206,880 | $306,742 | $437,152 |
Union | $64,264 | $146,720 | $216,270 | $306,255 | $420,564 |
Wallowa | $119,844 | $239,372 | $375,080 | $599,250 | $869,787 |
Wasco | $70,110 | $184,772 | $294,180 | $429,398 | $618,617 |
Washington | $325,987 | $431,970 | $529,930 | $657,128 | $818,986 |
Wheeler | $69,330 | $109,070 | $186,970 | $411,230 | $1,043,930 |
Yamhill | $134,092 | $309,111 | $432,001 | $560,555 | $777,927 |
Source: Ownwell
Property Tax Bills Across Oregon
Property tax bills in Oregon are determined based on the assessed value of a property rather than its market value. The assessed value is typically lower than the market value and is recalculated annually to reflect changes in the market. Several factors contribute to the tax bill, including the property's location, size, and any improvements or renovations made. Homeowners in Oregon may experience varying tax bills depending on their county. For instance, Multnomah County has the highest median tax bill at $5,046, while Lake County has the lowest at $884. The tax bills also vary widely across different percentiles; the 25th percentile tax bill is around $2,160, while the 75th percentile reaches up to $5,317, and the 90th percentile is as high as $7,640. These variations can significantly impact homeowners, affecting their annual financial planning and overall cost of living. Understanding these factors can help homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Oregon
County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Baker | $669 | $1,133 | $1,787 | $2,731 | $4,003 |
Benton | $2,319 | $3,504 | $4,711 | $6,125 | $7,806 |
Clackamas | $1,873 | $3,493 | $5,006 | $7,029 | $10,118 |
Clatsop | $882 | $2,148 | $3,200 | $4,629 | $6,644 |
Columbia | $1,040 | $2,219 | $3,263 | $4,292 | $5,395 |
Coos | $874 | $1,425 | $2,086 | $2,936 | $4,055 |
Crook | $721 | $1,577 | $2,320 | $3,426 | $5,012 |
Curry | $197 | $793 | $1,626 | $2,556 | $3,807 |
Deschutes | $1,833 | $2,756 | $3,746 | $5,272 | $7,609 |
Douglas | $78 | $475 | $1,430 | $2,343 | $3,385 |
Gilliam | $412 | $886 | $1,580 | $2,521 | $3,820 |
Grant | $377 | $792 | $1,399 | $2,135 | $3,196 |
Harney | $445 | $785 | $1,316 | $2,047 | $2,919 |
Hood River | $1,034 | $2,195 | $3,258 | $4,534 | $6,124 |
Jackson | $677 | $1,846 | $2,797 | $3,942 | $5,393 |
Jefferson | $576 | $1,570 | $2,261 | $3,022 | $4,078 |
Josephine | $273 | $1,056 | $1,771 | $2,635 | $3,519 |
Klamath | $210 | $623 | $1,333 | $2,191 | $3,227 |
Lake | $165 | $418 | $884 | $1,713 | $2,701 |
Lane | $593 | $1,911 | $3,052 | $4,380 | $6,124 |
Lincoln | $531 | $1,535 | $2,817 | $4,521 | $6,617 |
Linn | $744 | $1,942 | $3,138 | $4,146 | $5,173 |
Malheur | $579 | $1,060 | $1,742 | $2,574 | $3,673 |
Marion | $1,217 | $2,365 | $3,229 | $4,336 | $5,709 |
Morrow | $402 | $976 | $1,844 | $2,637 | $3,544 |
Multnomah | $2,435 | $3,780 | $5,046 | $7,167 | $10,509 |
Polk | $624 | $1,903 | $3,175 | $4,361 | $5,687 |
Sherman | $273 | $519 | $1,207 | $2,279 | $3,595 |
Tillamook | $937 | $1,549 | $2,473 | $3,977 | $5,772 |
Umatilla | $475 | $1,249 | $2,157 | $3,262 | $4,448 |
Union | $591 | $1,232 | $1,979 | $2,854 | $3,927 |
Wallowa | $533 | $1,099 | $1,773 | $2,612 | $3,602 |
Wasco | $478 | $1,337 | $2,286 | $3,384 | $4,790 |
Washington | $2,945 | $3,772 | $4,896 | $6,581 | $8,612 |
Wheeler | $532 | $1,007 | $1,745 | $2,986 | $5,310 |
Yamhill | $715 | $1,988 | $3,196 | $4,215 | $5,553 |
Source: Ownwell