Sumpter, Oregon Property Taxes
The median property tax rate in Sumpter, Oregon is 0.70%, which is notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $191,220 in Sumpter, the typical annual property tax bill amounts to $1,285, significantly below the national median of $2,690. Property taxes in Sumpter are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Sumpter's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Sumpter or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sumpter, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$1,339
$1,242
Ownwell’s Sumpter Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sumpter with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sumpter 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 Sumpter, Oregon
Property taxes in Sumpter, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sumpter is 0.70%, which is lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Sumpter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sumpter 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 Sumpter's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97877 in Sumpter has both the highest and lowest median property tax rate of 0.70%. Understanding how these figures compare with other regions 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 Sumpter Tax Rate
0.70%
Average Baker County Tax Rate
0.80%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sumpter, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97877 | 0.40% | 0.55% | 0.70% | 0.83% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Sumpter, Oregon
In Sumpter, 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 Sumpter, 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. The median home price in Sumpter is $191,220, with tax bills ranging from $832 at the 25th percentile to $2,732 at the 90th percentile. The highest median tax bill is $1,285 in the 97877 zip code, which is also the lowest. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sumpter Assessed Value
$191,220
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 Sumpter, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97877 | $90,246 | $128,230 | $191,220 | $282,980 | $379,266 |
Source: Ownwell
Property Tax Bills Across Sumpter, Oregon
In Sumpter, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the Baker County Assessor's Office and is typically a percentage of the property's market value. This assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. For homeowners in Sumpter, the median home price is approximately $191,220. Property tax bills in this area can vary significantly, with the 25th percentile paying around $832 annually, while those in the 75th percentile pay about $1,847. At the higher end, the 90th percentile sees tax bills reaching up to $2,732. The highest and lowest median tax bills in the area are both $1,285, located in the 97877 zip code. Compared to the national median property tax rate of 0.99%, Sumpter's tax rates can influence homeowners' financial planning, making it essential for residents to understand how their property tax bills are determined.
Average Sumpter Tax Bill
$1,285
Average Baker County Tax Bill
$1,787
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Sumpter, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97877 | $538 | $832 | $1,285 | $1,847 | $2,732 |
Source: Ownwell