Gilliam County, Oregon Property Taxes
The median property tax rate in Gilliam County is 0.87%, which is slightly lower than the national median of 0.99% but slightly higher than the Oregon state median of 0.86%. With the median home value in Gilliam County at $185,135, the typical annual property tax bill is $1,580, which is considerably below the national median of $2,690. Property taxes in Gilliam County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Gilliam 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 Condon or another part of Gilliam County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gilliam County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$1,611
$1,495
Ownwell’s Gilliam County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Gilliam County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Gilliam 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 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 Gilliam County, Oregon
Property taxes in Gilliam County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Gilliam County is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Gilliam County set these rates annually, and they can vary significantly between different areas within the county. Each year, Gilliam County 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 Gilliam County's effective property tax rate with other counties in Oregon and the national median. For comparison, the city of Condon has one of the higher property tax rates in Oregon at 0.94%, while the city of Fossil boasts one of the lowest at 0.68%. Analyzing how Gilliam County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Gilliam County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Gilliam County, Oregon
In Gilliam 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 Gilliam 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 Gilliam 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. For instance, Ione has the highest median tax bill at $4,804, while Fossil has the lowest at $200. Being aware of these valuation processes in Gilliam 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 Gilliam County, Oregon
Source: Ownwell
$146,580
$578,390
$1,010,200
Average Gilliam County Assessed Value
$185,135
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Bills Across Gilliam County, Oregon
In Gilliam County, OR, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by the county assessor and is typically lower than the market value. The tax rate is then applied to this assessed value to calculate the annual property tax bill. Several factors influence the assessed value, such as the property's location, size, and condition. For instance, the median home price in Gilliam County is $185,135. Homeowners in the 25th percentile can expect a tax bill around $886, while those in the 75th percentile might see a bill closer to $2,521. The 90th percentile tax bill reaches up to $3,820. Comparatively, Gilliam County's property tax rates can vary significantly, with the highest median tax bill in Ione reaching $4,804 and the lowest in Fossil at just $200. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly.
Average Gilliam County Tax Bill
$1,580
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690