Glide, Oregon Property Taxes
The median property tax rate in Glide, OR is 0.59%, notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $220,026 in Glide, the typical annual property tax bill amounts to $1,242, which is significantly below the national median of $2,690. Property taxes in Glide are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Glide'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 Glide 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
Glide, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$1,298
$1,205
Ownwell’s Glide Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glide with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glide 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 Glide, Oregon
Property taxes in Glide, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glide is 0.59%, which is lower than the U.S. national median of 0.99%. Local government entities within Glide set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glide 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 Glide's effective property tax rate to other areas in Douglas County and the national median. For comparison, the zip code 97443 has the highest median property tax rate of 0.59%, while the lowest median tax rate is also 0.59% in the same zip code. Understanding how these cities compare with Glide 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 Glide Tax Rate
0.59%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glide, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97443 | 0.37% | 0.48% | 0.59% | 0.70% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Glide, Oregon
In Glide, 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 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 Glide, 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 Glide helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Glide, the zip code 97443 has the highest and lowest median tax bill at $1,242.
Average Glide Assessed Value
$220,026
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 Glide, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97443 | $1,960 | $32,946 | $220,026 | $343,038 | $463,730 |
Source: Ownwell
Property Tax Bills Across Glide, Oregon
In Glide, a city in Douglas County, OR, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is often lower than the market value and is multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, improvements, and exemptions play a role in the assessed value. For instance, the median home price in Glide is $220,026, and tax bills can vary significantly within the city. Homeowners in the 25th percentile pay around $185, while those in the 75th percentile face bills of approximately $1987. The highest median tax bill in the area is $1242, which is notably below the national median property tax rate of 0.99%. This system ensures that property taxes are distributed fairly, although it can lead to a wide range of tax bills, affecting homeowners differently based on their property's assessed value and applicable exemptions.
Average Glide Tax Bill
$1,242
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Glide, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97443 | $8 | $185 | $1,242 | $1,987 | $2,741 |
Source: Ownwell