Coos County, Oregon Property Taxes
The median property tax rate in Coos County is 0.60%, which is significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Coos County, the typical annual property tax bill reaches $2,086, which is below the national median of $2,690. Property taxes in Coos County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Coos County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Coos Bay or another part of Coos County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Coos County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$2,045
$1,898
Ownwell’s Coos County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Coos County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Coos County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Coos County, Oregon
Property taxes in Coos County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Coos County is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Coos County set these rates annually, and they can vary significantly between different areas within the county. Each year, Coos County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Coos Bay has one of the higher property tax rates in Oregon at 0.70%, while the city of Lakeside boasts one of the lowest at 0.44%. Analyzing how Coos County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Coos County Tax Rate
0.60%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coos County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bandon | 0.31% | 0.38% | 0.45% | 0.51% | 0.55% |
| Broadbent | 0.29% | 0.32% | 0.39% | 0.46% | 0.52% |
| Coos Bay | 0.46% | 0.56% | 0.70% | 0.83% | 0.94% |
| Coquille | 0.42% | 0.50% | 0.62% | 0.72% | 0.80% |
| Lakeside | 0.34% | 0.38% | 0.44% | 0.49% | 0.52% |
| Myrtle Point | 0.33% | 0.43% | 0.62% | 0.76% | 0.83% |
| North Bend | 0.42% | 0.50% | 0.62% | 0.72% | 0.81% |
| Powers | 0.40% | 0.51% | 0.63% | 0.75% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Coos County, Oregon
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Coos County, Oregon. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Coos County Appraisal District. The assessed value, however, 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. Assessment notices in Coos County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, North Bend has the highest median tax bill at $2,317, while Powers has the lowest at $1,069. Being aware of these valuation processes in Coos County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Coos County Assessed Value
$340,850
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coos County, Oregon
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bandon | $266,075 | $361,910 | $485,275 | $673,365 | $1,021,162 |
| Broadbent | $179,520 | $216,358 | $275,060 | $393,725 | $498,455 |
| Coos Bay | $161,435 | $233,642 | $316,840 | $428,388 | $582,603 |
| Coquille | $179,698 | $240,020 | $317,070 | $440,840 | $584,238 |
| Lakeside | $102,710 | $154,920 | $271,040 | $373,360 | $490,270 |
| Myrtle Point | $167,903 | $222,175 | $290,995 | $389,372 | $517,025 |
| North Bend | $213,870 | $281,350 | $372,540 | $499,158 | $667,070 |
| Powers | $56,996 | $104,785 | $168,300 | $240,008 | $344,808 |
Source: Ownwell
Property Tax Bills Across Coos County, Oregon
In Coos County, OR, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor's office. The assessed value is multiplied by the local tax rate to determine your annual tax bill. For example, with a median home price of $340,850 in Coos County, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is around $1,425, while at the 75th percentile, it rises to approximately $2,936. For those at the 90th percentile, the tax bill can reach up to $4,055. Factors such as property improvements, market conditions, and local government budget needs can influence your assessed value and tax rate. Homeowners in North Bend face the highest median tax bills at $2,317, whereas those in Powers benefit from the lowest at $1,069. Compared to the national median property tax rate of 0.99%, Coos County's tax rates reflect the unique economic and property value conditions of the region, impacting homeowners' annual financial planning.
Average Coos County Tax Bill
$2,086
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Coos County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bandon | $991 | $1,502 | $2,174 | $3,201 | $4,665 |
| Broadbent | $591 | $807 | $1,126 | $1,586 | $2,376 |
| Coos Bay | $945 | $1,515 | $2,205 | $3,084 | $4,263 |
| Coquille | $994 | $1,437 | $1,978 | $2,606 | $3,547 |
| Lakeside | $457 | $700 | $1,141 | $1,577 | $2,082 |
| Myrtle Point | $781 | $1,180 | $1,774 | $2,322 | $3,027 |
| North Bend | $1,164 | $1,693 | $2,317 | $3,138 | $4,141 |
| Powers | $398 | $611 | $1,069 | $1,528 | $2,274 |
Source: Ownwell