Frenchglen, Oregon Property Taxes
The median property tax rate in Frenchglen, OR is 0.53%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $297,157 in Frenchglen, the typical annual property tax bill amounts to $1,745, well below the national median of $2,690. Property taxes in Frenchglen are calculated based on the assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Frenchglen'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 Frenchglen or another part of Harney County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Frenchglen, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$1,575
$1,461
Ownwell’s Frenchglen Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Frenchglen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Frenchglen 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 Frenchglen, Oregon
Property taxes in Frenchglen, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Frenchglen is 0.53%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Frenchglen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Frenchglen 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 Frenchglen's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97736 has the highest median property tax rate of 0.53%, which is the same as the lowest median tax rate in the same zip code. Understanding how these cities compare with Frenchglen 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 Frenchglen Tax Rate
0.53%
Average Harney County Tax Rate
0.93%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Frenchglen, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97736 | 0.12% | 0.22% | 0.53% | 0.82% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Frenchglen, Oregon
In Frenchglen, 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 Frenchglen, 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. In Frenchglen, the median home price is $297,157, with property tax bills ranging significantly. For instance, the 25th percentile tax bill is $872, while the 75th percentile tax bill is $3,071. The 90th percentile tax bill can reach up to $7,550. Notably, the highest and lowest median tax bills, both at $1,745, are found in the 97736 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Frenchglen Assessed Value
$297,157
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 Frenchglen, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97736 | $79,348 | $188,250 | $297,157 | $512,270 | $4,673,830 |
Source: Ownwell
Property Tax Bills Across Frenchglen, Oregon
In Frenchglen, Harney 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 a percentage of the market value, reflecting the property's worth in the current real estate market. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, size, and any improvements made. For instance, the median home price in Frenchglen is $297,157. Homeowners in this area can expect a wide range of tax bills, from the 25th percentile at $872 to the 90th percentile reaching up to $7,550. The median tax bill in the county stands at $1,745, which is significantly lower than the national median property tax rate of 0.99%. These property taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Understanding these factors helps homeowners anticipate their tax responsibilities and plan accordingly.
Average Frenchglen Tax Bill
$1,745
Average Harney County Tax Bill
$1,316
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Frenchglen, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97736 | $491 | $872 | $1,745 | $3,071 | $7,550 |
Source: Ownwell