Seaside, Clatsop County, Oregon Property Taxes
The median property tax rate in Seaside, OR is 0.63%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Seaside at $504,110, the typical annual property tax bill reaches $3,273, surpassing the national median of $2,690. Property taxes in Seaside 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 Seaside'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 Seaside 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
Seaside, Clatsop County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$3,176
$2,947
Ownwell’s Seaside Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Seaside with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Seaside 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 Seaside, Clatsop County, Oregon
Property taxes in Seaside, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Seaside is 0.63%, lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Seaside set these rates annually, and they can vary significantly across different neighborhoods. Each year, Seaside 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 Seaside's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97138 zip code has the highest median property tax rate of 0.63%, while the same zip code also has the lowest median tax rate of 0.63%. Understanding how these cities compare with Seaside 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 Seaside Tax Rate
0.63%
Average Clatsop County Tax Rate
0.63%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seaside, Clatsop County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97138 | 0.48% | 0.54% | 0.63% | 0.74% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Seaside, Clatsop County, Oregon
In Seaside, 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 Appraisal District 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 Seaside, 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 Seaside helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Seaside are both $3,273, found in the 97138 zip code.
Property Tax Assessment Values Across Seaside, Clatsop County, Oregon
Source: Ownwell
$314,332
$633,381
$952,430
Average Seaside Assessed Value
$504,110
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 Seaside, Clatsop County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97138 | $182,223 | $363,460 | $504,110 | $723,667 | $1,058,805 |
Source: Ownwell
Property Tax Bills Across Seaside, Clatsop County, Oregon
In Seaside, located in Clatsop County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is typically a percentage of the property's market value, which in Seaside has a median home price of $504,110. Homeowners in this area can expect varying tax bills depending on several factors, including the property's location, size, and condition. The tax bill for the 25th percentile is around $2,221, while the 75th percentile sees bills closer to $4,676. For those at the 90th percentile, the tax bill can reach up to $7,053. The median tax bill in Seaside is notably high at $3,273, which is above the national median property tax rate of 0.99%. These tax bills can significantly impact homeowners, influencing their overall housing costs and financial planning. Understanding these factors helps homeowners anticipate their annual expenses and manage their budgets more effectively.
Average Seaside Tax Bill
$3,273
Average Clatsop County Tax Bill
$3,200
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Seaside, Clatsop County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97138 | $1,063 | $2,221 | $3,273 | $4,676 | $7,053 |
Source: Ownwell