Agness, Oregon Property Taxes
The median property tax rate in Agness, OR is 0.56%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Agness at $226,650, the typical annual property tax bill reaches $1,162, which is significantly below the national median of $2,690. Property taxes in Agness 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 Agness'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 Agness or another part of Curry County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Agness, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,269
$1,178
Ownwell’s Agness Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Agness with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Agness 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 Curry County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Agness, Oregon
Property taxes in Agness, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Agness is 0.56%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Agness set these rates annually, and they can vary significantly across different neighborhoods. Each year, Agness 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 Agness's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97406 has the highest median property tax rate of 0.56%, while the lowest median tax rate is also 0.56% in the same zip code. Understanding how these cities compare with Agness provides valuable insights into the varying tax landscape across Curry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Agness Tax Rate
0.56%
Average Curry County Tax Rate
0.48%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Agness, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97406 | 0.34% | 0.40% | 0.56% | 0.69% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Agness, Oregon
In Agness, 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 Curry 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 Agness, 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. The median home price in Agness is $226,650, with median tax bills ranging from $760 at the 25th percentile to $2,998 at the 90th percentile. Notably, the zip code with both the highest and lowest median tax bill is 97406, with a median tax bill of $1,162. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Agness Assessed Value
$226,650
Average Curry County Assessed Value
$352,065
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Agness, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97406 | $86,158 | $136,375 | $226,650 | $368,868 | $538,026 |
Source: Ownwell
Property Tax Bills Across Agness, Oregon
In Agness, located in Curry County, OR, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is typically a percentage of the market value. Various factors influence this value, including the property's location, size, and condition. Once the assessed value is determined, the local tax rate is applied to calculate the property tax bill. For homeowners in Agness, the property tax bills can vary significantly. For instance, the 25th percentile tax bill is $760, while the 75th percentile tax bill reaches $1951, and the 90th percentile tax bill can be as high as $2998. These figures highlight the range of property tax obligations in the area, influenced by the assessed values and the applicable tax rates. Compared to the national median property tax rate of 0.99%, homeowners in Agness might experience different financial impacts based on their specific property valuations, affecting their annual budget and financial planning.
Average Agness Tax Bill
$1,162
Average Curry County Tax Bill
$1,626
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Agness, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97406 | $503 | $760 | $1,162 | $1,951 | $2,998 |
Source: Ownwell