Eagle Point County, Oregon Property Taxes
The median property tax rate in Eagle Point County, OR is 0.64%, which is notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $126,830 in Eagle Point County, the typical annual property tax bill is $810, significantly below the national median of $2,690. Property taxes in Eagle Point County are calculated based on the assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Eagle Point County'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 Eagle Point County or another part of Jackson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eagle Point County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$812
$753
Ownwell’s Eagle Point County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eagle Point County with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagle Point County to provide an estimate of your property tax bill. This useful tool helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed insights, localized trends and information are available by scrolling down. Your property’s assessed value, determined by Jackson County, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Eagle Point County, Oregon
Property taxes in Eagle Point County, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eagle Point County is 0.87%, which is lower than the Oregon state median of 0.97% but still below the U.S. national median of 0.99%. Local government entities within Eagle Point County set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagle Point County 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 Eagle Point County's effective property tax rate to other counties in Oregon and the national median. For comparison, the highest median property tax rate in Oregon is in Multnomah County at 1.25%, while the lowest median tax rate is in Grant County at 0.56%. Understanding how these counties compare with Eagle Point County 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 Eagle Point County Tax Rate
0.64%
Average Jackson County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagle Point County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Eagle Point County, Oregon
In Eagle Point County, 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 Eagle Point County, 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. For example, the median home price in Eagle Point County is $126,830, with tax bills ranging from $810 at the 25th percentile to the 90th percentile. 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 Eagle Point County helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Eagle Point County, Oregon
Source: Ownwell
$8,850
$256,380
$503,910
Average Eagle Point County Assessed Value
$126,830
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 Eagle Point County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Eagle Point County, Oregon
In Eagle Point County, Jackson, OR, property tax bills are calculated based on the assessed value of a property rather than its market value. The assessed value is determined by the county assessor's office and takes into account various factors such as the property's size, location, and any improvements made. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in Eagle Point County, the median home price is $126,830, and tax bills at the 25th, 75th, and 90th percentiles are all $810. This indicates a relatively consistent tax burden across different property values. Comparing this to the national median property tax rate of 0.99%, homeowners in Eagle Point County may find their property taxes to be more predictable and stable. Understanding how property tax bills are calculated can help homeowners budget more effectively and anticipate their annual expenses. This stability in tax bills can also make the area more attractive to potential buyers looking for predictable property-related costs.
Average Eagle Point County Tax Bill
$810
Average Jackson County Tax Bill
$2,797
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagle Point County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell