Durkee, Baker County, Oregon Property Taxes
The median property tax rate in Durkee, OR is 0.45%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Durkee at $261,350, the typical annual property tax bill reaches $820, significantly below the national median of $2,690. Property taxes in Durkee 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 Durkee'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 Durkee or another part of Baker County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Durkee, Baker County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$1,176
$1,091
Ownwell’s Durkee Property Tax Bill Calculator offers a convenient way for homeowners, real estate investors, and potential property owners to estimate their annual property taxes in Durkee with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Durkee to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by Baker County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Durkee, Baker County, Oregon
Property taxes in Durkee, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Durkee is 0.45%, which is significantly lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Durkee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Durkee 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 Durkee's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97905 has both the highest and lowest median property tax rate of 0.45%. Understanding how these cities compare with Durkee 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 Durkee Tax Rate
0.45%
Average Baker County Tax Rate
0.80%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Durkee, Baker County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97905 | 0.20% | 0.29% | 0.45% | 0.79% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Durkee, Baker County, Oregon
In Durkee, 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 Baker 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 Durkee, 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. The median home price in Durkee is $261,350, with tax bills ranging from $356 at the 25th percentile to $3,654 at the 90th percentile. Being aware of these valuation processes in Durkee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Durkee, Baker County, Oregon
Source: Ownwell
$129,750
$290,190
$450,630
Average Durkee Assessed Value
$261,350
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 Durkee, Baker County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97905 | $22,255 | $54,422 | $261,350 | $612,690 | $1,402,130 |
Source: Ownwell
Property Tax Bills Across Durkee, Baker County, Oregon
In Durkee, located in Baker County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Durkee, the median home price is $261,350. Tax bills can vary widely, reflecting the assessed value and specific tax rates in different areas. For instance, the 25th percentile of tax bills is $356, while the 75th percentile reaches $2,253. At the higher end, the 90th percentile sees tax bills as high as $3,654. Comparatively, the national median property tax rate is 0.99%, making it important for Durkee homeowners to understand how their local rates stack up. The highest and lowest median tax bills in the area are both recorded at $820 in the 97905 zip code. These property taxes significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Durkee Tax Bill
$820
Average Baker County Tax Bill
$1,787
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Durkee, Baker County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97905 | $171 | $356 | $820 | $2,253 | $3,654 |
Source: Ownwell