Camas Valley, Oregon Property Taxes
The median property tax rate in Camas Valley, OR is 0.61%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Camas Valley, the typical annual property tax bill reaches $600, significantly below the national median of $2,690. Property taxes in Camas Valley 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 Camas Valley'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 Camas Valley or another part of Douglas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Camas Valley, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$621
Ownwell’s Camas Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Camas Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Camas Valley 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 Camas Valley, Oregon
Property taxes in Camas Valley, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camas Valley is 0.61%, which is lower than the U.S. national median of 0.99%. Local government entities within Camas Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camas Valley 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 Camas Valley's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97416 has the highest median property tax rate of 0.61%, while the same zip code also has the lowest median tax rate of 0.61%. Understanding how these cities compare with Camas Valley 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 Camas Valley Tax Rate
0.61%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camas Valley, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97416 | 0.28% | 0.47% | 0.61% | 0.80% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Camas Valley, Oregon
In Camas Valley, 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 Camas Valley, 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 Camas Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Camas Valley is $101,822, with tax bills ranging from $131 at the 25th percentile to $1,770 at the 90th percentile. The highest and lowest median tax bill in the area is $600, both in zip code 97416.
Average Camas Valley Assessed Value
$101,822
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 Camas Valley, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97416 | $6,106 | $24,846 | $101,822 | $197,127 | $290,524 |
Source: Ownwell
Property Tax Bills Across Camas Valley, Oregon
In Camas Valley, Douglas County, OR, property tax bills are calculated based on the assessed value of the home, not its market value. The assessed value is determined by the county assessor and reflects a percentage of the market value, adjusted for various factors like property improvements and local economic conditions. Homeowners in Camas Valley can expect a wide range of tax bills. For instance, the 25th percentile tax bill is around $131, while the 75th percentile reaches up to $1,206, and the 90th percentile can be as high as $1,770. These tax bills are influenced by local levies and rates set by the county, which fund essential services like schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Camas Valley's rates can vary significantly, reflecting the unique economic and social conditions of the area. Homeowners should be aware of these factors as they can significantly impact their annual financial planning and overall cost of homeownership.
Average Camas Valley Tax Bill
$600
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Camas Valley, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97416 | $33 | $131 | $600 | $1,206 | $1,770 |
Source: Ownwell