Langlois, Oregon Property Taxes
The median property tax rate in Langlois, OR is 0.49%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $299,400 in Langlois, the typical annual property tax bill amounts to $1,407, which is below the national median of $2,690. Property taxes in Langlois are based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Langlois'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 Langlois 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
Langlois, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$1,467
$1,361
Ownwell’s Langlois Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Langlois with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Langlois 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 Langlois, Oregon
Property taxes in Langlois, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Langlois is 0.49%, which is lower than the U.S. national median of 0.99%. Local government entities within Langlois set these rates annually, and they can vary significantly across different neighborhoods. Each year, Langlois 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 Langlois's effective property tax rate to other areas in Curry County and the national median. For comparison, the 97450 zip code has both the highest and lowest median property tax rate of 0.49%. Understanding how these cities compare with Langlois 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 Langlois Tax Rate
0.49%
Average Curry County Tax Rate
0.48%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Langlois, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97450 | 0.33% | 0.40% | 0.49% | 0.60% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Langlois, Oregon
In Langlois, 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 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 Langlois, 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. For example, the median home price in Langlois is $299,400, with tax bills ranging from $676 at the 25th percentile to $2,918 at the 90th percentile. The highest and lowest median tax bills are both $1,407 in the 97450 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Langlois Assessed Value
$299,400
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 Langlois, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97450 | $31,430 | $155,680 | $299,400 | $447,678 | $622,165 |
Source: Ownwell
Property Tax Bills Across Langlois, Oregon
In Langlois, Curry County, OR, property tax bills are calculated based on the assessed value of the home, which is determined by the local tax assessor. This assessed value is then multiplied by the property tax rate to determine the annual tax bill. The median home price in Langlois is $299,400, which serves as a reference point for understanding property tax burdens in the area. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. For instance, homeowners in the 25th percentile can expect a tax bill around $676, while those in the 75th percentile may pay approximately $2,101. At the 90th percentile, tax bills can reach up to $2,918. Comparatively, the property tax rate in Langlois is lower than the national median property tax rate of 0.99%, making it relatively more affordable for homeowners. This lower tax rate can significantly impact homeowners by reducing annual expenses, thereby making homeownership in Langlois more financially manageable.
Average Langlois Tax Bill
$1,407
Average Curry County Tax Bill
$1,626
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Langlois, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97450 | $200 | $676 | $1,407 | $2,101 | $2,918 |
Source: Ownwell