Umpqua, Oregon Property Taxes
The median property tax rate in Umpqua, OR is 0.43%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Umpqua at $200,266, the typical annual property tax bill amounts to $863, which is well below the national median of $2,690. Property taxes in Umpqua are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Umpqua'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 Umpqua or another part of Douglas County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Umpqua, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$861
Ownwell’s Umpqua Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Umpqua with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Umpqua 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 Umpqua, Oregon
Property taxes in Umpqua, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Umpqua is 0.43%, which is significantly lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Umpqua set these rates annually, and they can vary significantly across different neighborhoods. Each year, Umpqua 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 Umpqua's effective property tax rate to other areas in Oregon and the national median. For comparison, the 97486 zip code has the highest median property tax rate of 0.43%, while the same zip code also has the lowest median tax rate of 0.43%. Understanding how these areas compare with Umpqua 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 Umpqua Tax Rate
0.43%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Umpqua, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97486 | 0.21% | 0.33% | 0.43% | 0.55% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Umpqua, Oregon
In Umpqua, 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 Umpqua, 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 Umpqua helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 97486 has the highest median tax bill at $863, while the lowest is also $863, indicating uniformity in tax burdens within the area.
Average Umpqua Assessed Value
$200,266
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 Umpqua, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97486 | $1,491 | $15,677 | $200,266 | $392,030 | $559,254 |
Source: Ownwell
Property Tax Bills Across Umpqua, Oregon
In Umpqua, property tax bills are determined based on the assessed value of a home, which is influenced by factors such as market conditions and property improvements. The median home price in Umpqua is $200,266. Homeowners can expect a range of tax bills depending on their property's value and location within the city. For instance, the 25th percentile tax bill is $39, while the 75th percentile reaches $1,811, and the 90th percentile can be as high as $2,668. The highest and lowest median tax bills in the area are both $863, specifically in the 97486 zip code. This indicates a relatively stable property tax environment within that region. Compared to the national median property tax rate of 0.99%, Umpqua's tax bills offer a varied landscape, potentially affecting homeowners' financial planning and investment decisions. Understanding these factors can help homeowners anticipate their annual expenses and better manage their budgets.
Average Umpqua Tax Bill
$863
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Umpqua, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97486 | $2 | $39 | $863 | $1,811 | $2,668 |
Source: Ownwell