Government Camp, Oregon Property Taxes
The median property tax rate in Government Camp, OR is 0.63%, notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Government Camp at $625,610, the typical annual property tax bill reaches $4,453, surpassing the national median of $2,690. Property taxes in Government Camp 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 Government Camp'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 Government Camp or another part of Clackamas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Government Camp, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$3,941
Ownwell’s Government Camp Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Government Camp with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Government Camp 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 Government Camp, Oregon
Property taxes in Government Camp, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Government Camp is 0.63%, which is lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Government Camp set these rates annually, and they can vary significantly across different neighborhoods. Each year, Government Camp 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 Government Camp's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97028 has both the highest and lowest median property tax rate of 0.63%. Understanding how these cities compare with Government Camp provides valuable insights into the varying tax landscape across Clackamas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Government Camp Tax Rate
0.63%
Average Clackamas County Tax Rate
0.92%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Government Camp, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97028 | 0.43% | 0.52% | 0.63% | 0.95% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Government Camp, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Government Camp, Oregon. 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 Clackamas 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 Government Camp, 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 Government Camp helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $4,453, found in zip code 97028, which provides a baseline for comparison against the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Government Camp, Oregon
Source: Ownwell
$83,950
$1,048,733
$2,013,515
Average Government Camp Assessed Value
$625,610
Average Clackamas County Assessed Value
$564,773
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Government Camp, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97028 | $367,563 | $461,750 | $625,610 | $898,710 | $1,249,060 |
Source: Ownwell
Property Tax Bills Across Government Camp, Oregon
In Government Camp, located in Clackamas County, OR, property tax bills are calculated based on the assessed value of the property rather than its market value. The median home price in this area is $625,610. Property taxes are determined by multiplying the assessed value by the local tax rate, which varies within the county. Factors such as property improvements, location, and local levies also influence the final tax bill. For homeowners, the property tax bill can range significantly. At the 25th percentile, the tax bill is approximately $3,169, while at the 75th percentile, it rises to around $5,760. For those at the 90th percentile, the tax bill can be as high as $8,184. The highest median tax bill in the region is recorded at $4,453 in the 97028 zip code. These property taxes contribute to local services and infrastructure, directly impacting the quality of community resources available to residents.
Average Government Camp Tax Bill
$4,453
Average Clackamas County Tax Bill
$5,006
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Government Camp, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97028 | $1,866 | $3,169 | $4,453 | $5,760 | $8,184 |
Source: Ownwell