Unity, Oregon Property Taxes
The median property tax rate in Unity, OR is 0.44%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value in Unity of $204,095, the typical annual property tax bill comes to $813, well below the national median of $2,690. Property taxes in Unity are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Unity'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 Unity or another part of Baker County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Unity, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$898
$833
Ownwell’s UNITY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in UNITY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in UNITY 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 Unity, Oregon
Property taxes in Unity, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Unity is 0.44%, lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Unity set these rates annually, and they can vary significantly across different neighborhoods. Each year, Unity 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 Unity's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97884 zip code has the highest median property tax rate of 0.44%, while the 97884 zip code also has the lowest median tax rate of 0.44%. Understanding how these cities compare with Unity 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 Unity Tax Rate
0.44%
Average Baker County Tax Rate
0.80%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unity, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97884 | 0.24% | 0.30% | 0.44% | 0.66% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Unity, Oregon
In Unity, 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 Unity, 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 Unity helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Unity, the median home price is $204,095, with tax bills ranging from $393 at the 25th percentile to $2,739 at the 90th percentile. The highest and lowest median tax bills are both $813, found in the 97884 zip code.
Average Unity Assessed Value
$204,095
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 Unity, Oregon
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97884 | $37,798 | $89,038 | $204,095 | $390,508 | $684,173 |
Source: Ownwell
Property Tax Bills Across Unity, Oregon
In Unity, located in Baker County, OR, property tax bills are calculated based on the assessed value of the property, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Unity is $204,095, and the median property tax rate is 0.99%, which is on par with the national median. Homeowners can expect their tax bills to vary significantly depending on the assessed value of their property. For instance, tax bills in Unity range from the 25th percentile at $393 to the 75th percentile at $1,456, with the highest tax bills reaching up to $2,739 at the 90th percentile. The median tax bill in Unity is $813, consistent across different zip codes within the city. These taxes fund essential public services such as schools, emergency services, and infrastructure, directly impacting the quality of life for Unity residents.
Average Unity Tax Bill
$813
Average Baker County Tax Bill
$1,787
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Unity, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97884 | $238 | $393 | $813 | $1,456 | $2,739 |
Source: Ownwell