Coos Bay, Coos County, Oregon Property Taxes
Median Coos Bay, OR effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%. Median Coos Bay, OR home value: $316,840. Median annual Coos Bay, OR tax bill: $2,205, $195 lower than the national median property tax bill of $2,400.
How are property taxes in Coos calculated?
Property taxes in Coos Bay, 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 Coos Bay’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coos Bay, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coos Bay, Coos County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$2,218
$2,058
Property Tax Rates Across Coos Bay, Coos County, Oregon
Local government entities determine property tax rates, which can significantly differ within a state. This variation occurs because each county annually calculates its budgetary needs for public services and then divides this amount by the total value of all taxable properties within its area. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and regulations, this is essentially the process each year.
In Coos Bay, located in Coos County, Oregon, the effective property tax rate is 0.70%, which is notably lower than the national median property tax rate of 1.02%. This means homeowners in Coos Bay generally pay less in property taxes compared to the national average. This rate is consistent across the region, reflecting a stable tax environment. When comparing to other cities in Oregon, Coos Bay maintains a competitive edge with its lower tax rate, making it an attractive location for property owners. Understanding these rates can help property owners make informed decisions about their investments and potential savings.
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 Coos Bay Tax Rate
0.70%
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 Coos County Tax Rate
0.60%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coos Bay, Coos County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97420 | 0.46% | 0.56% | 0.70% | 0.83% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Coos Bay, Coos County, Oregon
When examining property taxes in Coos Bay, Oregon, 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 Coos 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 Coos County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Coos Bay.
For example, the median home price in Coos Bay is $316,840, with tax bills ranging significantly across the county. Zip code 97420 has the highest median home price at $316,840.
Property Tax Assessment Values Across Coos Bay, Coos County, Oregon
Source: Ownwell
$168,300
$326,788
$485,275
Median Coos Bay Market Value
$316,840
Median Coos County Market Value
$340,850
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coos Bay, Coos County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97420 | $161,435 | $233,642 | $316,840 | $428,388 | $582,603 |
Source: Ownwell
Property Tax Bills Across Coos Bay, Coos County, Oregon
In Coos Bay, Oregon, property tax bills are determined by the assessed value of a home, which is typically lower than its market value. The assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Homeowners in Coos Bay can expect to pay a median property tax bill of around $2,205, which is slightly below the national median bill of $2,400. The tax bills can range from $1,515 at the 25th percentile to $4,263 at the 90th percentile, reflecting variations in home values and local tax rates.
High property taxes can significantly impact homeowners' finances, making it essential to ensure that assessments are accurate. This is where Ownwell can help. By providing expert property tax appeal services, Ownwell assists homeowners in challenging over-assessments, potentially reducing their tax bills. By leveraging local market data and expertise, Ownwell ensures that homeowners only pay their fair share, offering peace of mind and potential savings in Coos Bay's competitive property market.
Median Coos Bay Tax Bill
$2,205
Median Coos County Tax Bill
$2,086
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Coos Bay, Coos County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97420 | $945 | $1,515 | $2,205 | $3,084 | $4,263 |
Source: Ownwell