Azalea, Oregon Property Taxes
The median property tax rate in Azalea, Oregon is 0.63%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Azalea, the typical annual property tax bill reaches $738, significantly below the national median of $2,690. Property taxes in Azalea 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 Azalea'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 Azalea or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Azalea, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$874
Ownwell’s Azalea Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Azalea with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Azalea to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed neighborhood trends, additional localized information is available below. Your property’s assessed value is the value assigned by Douglas County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Azalea, Oregon
Property taxes in Azalea, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Azalea is 0.63%, lower than the U.S. national median of 0.99%. Local government entities within Azalea set these rates annually, and they can vary significantly across different neighborhoods. Each year, Azalea 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 Azalea's effective property tax rate to other areas in Oregon and the national median. For comparison, the 97410 zip code has both the highest and lowest median property tax rate of 0.63%. Understanding how these areas compare with Azalea provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Azalea Tax Rate
0.63%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Azalea, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97410 | 0.34% | 0.48% | 0.63% | 0.76% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Azalea, Oregon
In Azalea, 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 Douglas 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 Azalea, 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. 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 in Azalea helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Zip code 97410 in Azalea has the highest and lowest median tax bill, both at $738.
Average Azalea Assessed Value
$138,729
Average Douglas County Assessed Value
$222,242
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Azalea, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97410 | $6,325 | $30,476 | $138,729 | $253,891 | $364,511 |
Source: Ownwell
Property Tax Bills Across Azalea, Oregon
In Azalea, located in Douglas County, OR, property tax bills are calculated based on the assessed value of a home. Unlike the market value, the assessed value is determined by the county assessor and is used specifically for tax purposes. This assessed value is then multiplied by the local property tax rate. For Azalea, the median home price stands at $138,729. Homeowners in the 25th percentile can expect a tax bill around $133, while those in the 75th percentile may see a bill as high as $1,519. At the 90th percentile, the tax bill can reach up to $2,253. These variations depend on factors such as property size, location, and any applicable exemptions. The highest and lowest median tax bills in the area are both $738, within the 97410 zip code. Compared to the national median property tax rate of 0.99%, Azalea's rates reflect a range that emphasizes the importance of understanding local tax assessments. This directly impacts homeowners by influencing their annual financial obligations and long-term property investment strategies.
Average Azalea Tax Bill
$738
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Azalea, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97410 | $43 | $133 | $738 | $1,519 | $2,253 |
Source: Ownwell