Deschutes County, Oregon Property Taxes
The median property tax rate in Deschutes County is 0.59%, 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 Deschutes County at $646,345, the typical annual property tax bill reaches $3,746, which is still higher than the national median of $2,690. Property taxes in Deschutes 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 Deschutes 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 Bend or another part of Deschutes County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Deschutes County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$3,813
$3,539
Ownwell’s Deschutes County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deschutes County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Deschutes 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’s 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 Deschutes County, Oregon
Property taxes in Deschutes play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Deschutes is 0.59%, which is lower than the U.S. national median of 0.99%. Local government entities within Deschutes set these rates annually, and they can vary significantly between different areas within the county. Each year, Deschutes 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. The following data compares Deschutes' effective property tax rate with other areas in Oregon and the national median. For comparison, the city of Redmond has one of the higher property tax rates in Oregon at 0.72%, while the city of Terrebonne boasts one of the lowest at 0.51%. Analyzing how Deschutes' tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Deschutes County Tax Rate
0.59%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Deschutes County, Oregon
In Deschutes County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Deschutes 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 Deschutes 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. The highest median tax bill in the county is in Sisters at $4,736, while La Pine has the lowest at $2,154. Being aware of these valuation processes in Deschutes County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Deschutes County, Oregon
Source: Ownwell
$382,825
$692,340
$1,001,855
Average Deschutes County Assessed Value
$646,345
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deschutes County, Oregon
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bend | $447,198 | $560,740 | $722,870 | $1,000,100 | $1,405,490 |
| Brothers | N/A | N/A | N/A | N/A | N/A |
| La Pine | $171,472 | $266,572 | $382,825 | $526,585 | $737,227 |
| Redmond | $346,401 | $412,980 | $506,235 | $636,278 | $856,946 |
| Sisters | $467,865 | $584,425 | $792,590 | $1,111,035 | $1,544,642 |
| Sunriver | $292,010 | $292,040 | $649,760 | $968,820 | $1,260,496 |
| Terrebonne | $273,954 | $430,475 | $595,680 | $838,660 | $1,298,546 |
Source: Ownwell
Property Tax Bills Across Deschutes County, Oregon
In Deschutes County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically lower than the market value and is adjusted annually. Homeowners in Deschutes County see a range of property tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is $2,756, while at the 75th percentile, it rises to $5,272. The 90th percentile tax bill can reach up to $7,609. Several factors influence the tax bill, including the property's location and any applicable exemptions. Homeowners in Sisters face the highest median tax bill at $4,736, whereas those in La Pine enjoy the lowest at $2,154. The median home price in Deschutes County stands at $646,345, and the property tax rate is an essential consideration for homeowners, as it impacts their overall financial planning and home affordability.
Average Deschutes County Tax Bill
$3,746
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Deschutes County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bend | $2,132 | $2,945 | $3,982 | $5,648 | $8,127 |
| Brothers | N/A | N/A | N/A | N/A | N/A |
| La Pine | $791 | $1,463 | $2,154 | $2,912 | $3,720 |
| Redmond | $2,291 | $2,910 | $3,629 | $4,614 | $6,171 |
| Sisters | $2,289 | $3,325 | $4,736 | $7,085 | $9,470 |
| Sunriver | $955 | $1,021 | $3,886 | $6,142 | $8,670 |
| Terrebonne | $1,084 | $1,871 | $2,983 | $4,399 | $6,314 |
Source: Ownwell