Clatskanie, Oregon Property Taxes
The median property tax rate in Clatskanie, OR is 0.54%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $314,332 in Clatskanie, the typical annual property tax bill is $1,495, which is below the national median of $2,690. Property taxes in Clatskanie are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Clatskanie'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 Clatskanie or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clatskanie, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$1,697
$1,575
Ownwell’s Clatskanie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clatskanie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clatskanie 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 Clatskanie, Oregon
Property taxes in Clatskanie, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clatskanie is 0.54%, lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Clatskanie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clatskanie 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 Clatskanie's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97016 zip code has the highest median property tax rate of 0.54%, while the same zip code also has the lowest median tax rate of 0.54%. Understanding how these cities compare with Clatskanie provides valuable insights into the varying tax landscape across Clatsop County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clatskanie Tax Rate
0.54%
Average Clatsop County Tax Rate
0.63%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clatskanie, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97016 | 0.37% | 0.45% | 0.54% | 0.65% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Clatskanie, Oregon
In Clatskanie, 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 Clatsop 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 Clatskanie, 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 Clatskanie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 97016 has both the highest and lowest median tax bill, which stands at $1,495.
Average Clatskanie Assessed Value
$314,332
Average Clatsop County Assessed Value
$501,530
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clatskanie, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97016 | $17,640 | $109,430 | $314,332 | $463,296 | $573,797 |
Source: Ownwell
Property Tax Bills Across Clatskanie, Oregon
In Clatskanie, Clatsop County, OR, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Clatskanie is $314,332, which serves as a baseline for calculating property taxes. Tax authorities consider various factors, including the property's assessed value, any applicable exemptions, and the specific tax rate for the area. Homeowners in Clatskanie face a range of property tax bills. For example, the 25th percentile tax bill is $542, while the 75th percentile tax bill reaches $2,421. At the 90th percentile, homeowners might pay up to $3,278. The highest median tax bill in the area is $1,495, matching the lowest median tax bill, indicating a consistent tax rate across the region. These property tax bills impact homeowners by contributing to local services like schools, infrastructure, and emergency services. Understanding how these taxes are calculated can help homeowners manage their finances more effectively and anticipate annual tax obligations.
Average Clatskanie Tax Bill
$1,495
Average Clatsop County Tax Bill
$3,200
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Clatskanie, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97016 | $133 | $542 | $1,495 | $2,421 | $3,278 |
Source: Ownwell