Burns, Oregon Property Taxes
The median property tax rate in Burns, OR is 0.93%, slightly below the national median of 0.99% but higher than the Oregon state median of 0.86%. With the median home value in Burns, the typical annual property tax bill reaches $1,137, which is lower than the national median of $2,690. Property taxes in Burns are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Burns' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Burns 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
Burns, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,218
Ownwell’s BURNS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BURNS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BURNS 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 Burns, Oregon
Property taxes in Burns, Oregon, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Burns is 0.93%, which is slightly below the U.S. national median of 0.99%. Local government entities within Burns set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burns 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 Burns' effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97720 has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these cities compare with Burns provides valuable insights into the varying tax landscape across Harney County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burns Tax Rate
0.93%
Average Harney County Tax Rate
0.93%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burns, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97720 | 0.51% | 0.72% | 0.93% | 1.06% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Burns, Oregon
In Burns, 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 Harney 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 Burns, 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 Burns helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Burns is $130,955, with property tax bills ranging from $684 at the 25th percentile to $2,446 at the 90th percentile. The highest and lowest median tax bills are both $1,137, found in the 97720 zip code.
Average Burns Assessed Value
$130,955
Average Harney County Assessed Value
$154,155
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burns, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97720 | $43,683 | $76,782 | $130,955 | $202,406 | $301,423 |
Source: Ownwell
Property Tax Bills Across Burns, Oregon
In Burns, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the Harney County tax assessor. The assessed value may differ from the market value, as it's often based on historical data and specific assessment rules. Factors considered include the property's size, location, improvements, and comparable property values in the area. The median home price in Burns is $130,955, with property tax bills ranging significantly. For instance, the 25th percentile tax bill is $684, while the 75th percentile reaches up to $1,750, and the 90th percentile goes as high as $2,446. Comparatively, the national median property tax rate is 0.99%, providing a benchmark for understanding local tax burdens. Homeowners in Burns should be aware that their property tax bill directly impacts their annual expenses and can vary widely based on the assessed value and applicable tax rates. This variability underscores the importance of understanding local property tax assessments and potential avenues for appeal or exemption.
Average Burns Tax Bill
$1,137
Average Harney County Tax Bill
$1,316
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Burns, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97720 | $414 | $684 | $1,137 | $1,750 | $2,446 |
Source: Ownwell