Sumpter, Oregon Property Taxes
The median property tax rate in Sumpter, OR is 0.67%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Sumpter at $64,100, the typical annual property tax bill is approximately $436, which is well below the national median of $2,690. Property taxes in Sumpter are calculated based on the tax assessed value, usually lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Sumpter'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 Sumpter 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
Sumpter, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$429
$399
Ownwell’s Sumpter Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Sumpter with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Sumpter to provide an estimate of your property tax bill. This useful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Sumpter, Oregon
Property taxes in Sumpter, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sumpter is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Sumpter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sumpter 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 Sumpter's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97877 has the highest median property tax rate of 0.67%, while the same zip code also has the lowest median tax rate of 0.67%. Understanding how these areas compare with Sumpter provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sumpter Tax Rate
0.67%
Average Grant County Tax Rate
0.75%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sumpter, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97877 | 0.49% | 0.59% | 0.67% | 0.76% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Sumpter, Oregon
In Sumpter, 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 Grant 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 Sumpter, 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 Sumpter helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Sumpter's median home price is $64,100, with tax bills ranging from $315 at the 25th percentile to $1,398 at the 90th percentile. The zip code 97877 has both the highest and lowest median tax bill at $436.
Average Sumpter Assessed Value
$64,100
Average Grant County Assessed Value
$184,015
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sumpter, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97877 | $23,588 | $44,865 | $64,100 | $85,580 | $247,760 |
Source: Ownwell
Property Tax Bills Across Sumpter, Oregon
In Sumpter, located in Grant County, OR, property tax bills are calculated based on the assessed value of the property and the applicable tax rate. The assessed value is determined by the county assessor and typically reflects a percentage of the property's market value. For homeowners in Sumpter, the median home price is $64,100, which serves as a baseline for these calculations. The tax rate in this region is applied to the assessed value to determine the annual property tax bill. For example, at the 25th percentile, homeowners might expect a tax bill around $315, while those at the 75th percentile could see bills closer to $696. At the 90th percentile, tax bills can reach up to $1,398. The highest and lowest median tax bills in the area are both $436, indicating a relatively consistent application of tax rates. These property taxes fund essential local services such as schools, infrastructure, and public safety, directly impacting the quality of life for residents. Understanding these factors can help homeowners anticipate their annual financial obligations and plan accordingly.
Average Sumpter Tax Bill
$436
Average Grant County Tax Bill
$1,399
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Sumpter, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97877 | $202 | $315 | $436 | $696 | $1,398 |
Source: Ownwell