Ashland, Oregon Property Taxes
The median property tax rate in Ashland, OR is 0.89%, slightly lower than the national median of 0.99% but higher than the Oregon state median of 0.86%. With the median home value in Ashland at $503,910, the typical annual property tax bill reaches $4,482, significantly surpassing the national median of $2,690. Property taxes in Ashland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ashland'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 Ashland 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
Ashland, Oregon Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,720
Ownwell’s Ashland Property Tax Bill Calculator helps homeowners, real estate investors, and potential buyers estimate their annual property taxes in Ashland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashland 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 Jackson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Ashland, Oregon
Property taxes in Ashland, Oregon, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashland is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Ashland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashland 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 Ashland's effective property tax rate to other areas in Oregon and the national median. For comparison, the zip code 97520 has both the highest and lowest median property tax rate of 0.89%. Understanding how these areas compare with Ashland provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashland Tax Rate
0.89%
Average Jackson County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashland, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97520 | 0.64% | 0.78% | 0.89% | 1.00% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Ashland, Oregon
In Ashland, 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 Jackson 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 Ashland, 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 Ashland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Ashland are both $4482, specifically in the 97520 zip code.
Average Ashland Assessed Value
$503,910
Average Jackson County Assessed Value
$322,910
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashland, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97520 | $225,443 | $392,432 | $503,910 | $656,505 | $844,520 |
Source: Ownwell
Property Tax Bills Across Ashland, Oregon
In Ashland, located in Jackson County, OR, property tax bills are calculated based on the assessed value of a home rather than its market value. The assessed value is determined by the county assessor and is typically lower than the market value, which helps to keep property taxes more manageable for homeowners. Various factors influence the tax bill, including property size, location, and any improvements made to the property. For homeowners in Ashland, the median home price stands at $503,910, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $3,402, while at the 75th percentile, it reaches $5,981. The highest tax bills, around the 90th percentile, can be as much as $7,700. Comparatively, the national median property tax rate is 0.99%, making Ashland's property taxes relatively high. These taxes fund essential local services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Ashland Tax Bill
$4,482
Average Jackson County Tax Bill
$2,797
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashland, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97520 | $2,056 | $3,402 | $4,482 | $5,981 | $7,700 |
Source: Ownwell