Baker City, Oregon Property Taxes
The median property tax rate in Baker City, OR is 0.85%, slightly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Baker City at $255,440, the typical annual property tax bill reaches $1,996, which is below the national median of $2,690. Property taxes in Baker City 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 Baker City'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 Baker City 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
Baker City, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$2,171
Ownwell’s Baker City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Baker City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Baker City 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 Baker City, Oregon
Property taxes in Baker City, Oregon, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Baker City is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Baker City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Baker City estimates its required budget to maintain services for the upcoming fiscal year. This budget is then divided 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. Comparing Baker City's effective property tax rate to other counties in Oregon and the national median provides valuable insights into the varying tax landscape across Baker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Baker City Tax Rate
0.85%
Average Baker County Tax Rate
0.80%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baker City, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97814 | 0.50% | 0.67% | 0.85% | 1.04% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Baker City, Oregon
In Baker City, 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 local 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. Assessment notices in Baker City 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. Baker City has a median home price of $255,440, with tax bills ranging from $1,360 at the 25th percentile to $4,235 at the 90th percentile. The zip code 97814 has both the highest and lowest median tax bill, set at $1,996. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Baker City Assessed Value
$255,440
Average Baker County Assessed Value
$242,200
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baker City, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97814 | $100,239 | $168,582 | $255,440 | $379,048 | $548,807 |
Source: Ownwell
Property Tax Bills Across Baker City, Oregon
Property tax bills in Baker City, located in Baker County, OR, are determined based on the assessed value of a property rather than its market value. The assessed value is calculated by the local tax assessor's office and typically reflects a percentage of the market value. Homeowners can expect their property tax bill to vary significantly, with the 25th percentile tax bill at $1,360 and the 75th percentile reaching $3,003. For those at the higher end, the 90th percentile tax bill climbs to $4,235. The median home price in Baker City is $255,440, which influences the overall tax bill. Compared to the national median property tax rate of 0.99%, Baker City's tax rates are relatively moderate. The highest and lowest median tax bills in the city both stand at $1,996, indicating a consistent tax rate across different areas within the same zip code, 97814. These factors collectively impact homeowners by influencing their annual financial obligations and the overall affordability of owning property in Baker City.
Average Baker City Tax Bill
$1,996
Average Baker County Tax Bill
$1,787
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Baker City, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97814 | $904 | $1,360 | $1,996 | $3,003 | $4,235 |
Source: Ownwell