Oregon City, Clackamas County, Oregon Property Taxes
Median Oregon City, OR effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but higher than the OR state median of 0.86%.
Median Oregon City, OR home value: $557,647
Median annual Oregon City, OR tax bill: $4,743, $2,343 higher than the national median property tax bill of $2,400.
How are property taxes in Clackamas calculated?
Property taxes in Oregon City, OR are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Oregon City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oregon City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oregon City, Clackamas County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$4,852
$4,502
Property Tax Rates Across Oregon City, Clackamas County, Oregon
Local government entities are responsible for setting tax rates, which can vary widely within a state. This is because each county estimates its required budget annually to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Oregon City, located in Clackamas County, the effective property tax rate stands at 0.87%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Oregon, Oregon City's tax rate is consistent as it matches the state median, indicating a stable tax environment. The national median property tax bill is $2400, which provides a benchmark for assessing local tax burdens. Understanding these rates can help homeowners make informed decisions about property investments and tax appeals.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Oregon City Tax Rate
0.87%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Clackamas County Tax Rate
0.92%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oregon City, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97045 | 0.60% | 0.72% | 0.87% | 0.99% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Oregon City, Clackamas County, Oregon
When examining property taxes in Oregon City, OR, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Clackamas County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Clackamas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Oregon City. For example, the median home price in Oregon City is $557,647, with tax bills ranging significantly across the county. Zip code 97045 has the highest median home price at $557,647.
Property Tax Assessment Values Across Oregon City, Clackamas County, Oregon
Source: Ownwell
$333,702
$711,480
$1,089,258
Median Oregon City Market Value
$557,647
Median Clackamas County Market Value
$564,773
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oregon City, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97045 | $311,979 | $440,746 | $557,647 | $714,884 | $970,561 |
Source: Ownwell
Property Tax Bills Across Oregon City, Clackamas County, Oregon
In Oregon City, located in Clackamas County, property tax bills are determined by assessing the property's value, which is then multiplied by the local tax rate. The assessed value is typically lower than the market value, helping to moderate tax bills. However, homeowners in Oregon City still face property tax bills that can be significantly higher than the national median. For instance, the median property tax bill in the area is $4,743, compared to the national median of $2,400. Factors influencing the tax bill include the property's location, size, and any improvements made. High property taxes can be a burden for homeowners, affecting affordability and financial planning.
Ownwell can assist homeowners in Oregon City by identifying potential savings on their property tax bills. Through a thorough review of the property's assessment, Ownwell ensures that homeowners are not overpaying. By appealing incorrect assessments and securing exemptions where applicable, Ownwell helps reduce the financial strain of property taxes, allowing homeowners to keep more of their hard-earned money.
Median Oregon City Tax Bill
$4,743
Median Clackamas County Tax Bill
$5,006
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Oregon City, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97045 | $2,308 | $3,608 | $4,743 | $6,132 | $7,621 |
Source: Ownwell