Jacksonville, Oregon Property Taxes
The median property tax rate in Jacksonville, OR is 0.63%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Jacksonville, the typical annual property tax bill reaches $2,854, slightly exceeding the national median of $2,690. Property taxes in Jacksonville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jacksonville'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 Jacksonville 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
Jacksonville, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$2,537
$2,354
Ownwell’s Jacksonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jacksonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jacksonville 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 Jacksonville, Oregon
Property taxes in Jacksonville, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jacksonville is 0.63%, lower than the U.S. national median of 0.99%. Local government entities within Jacksonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jacksonville 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 Jacksonville's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97530 zip code has the highest median property tax rate of 0.63%, while the 97530 zip code also has the lowest median tax rate of 0.63%. Understanding how these cities compare with Jacksonville 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 Jacksonville Tax Rate
0.63%
Average Jackson County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jacksonville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97530 | 0.33% | 0.50% | 0.63% | 0.72% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Jacksonville, Oregon
In Jacksonville, 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 Jacksonville, 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. The median home price in Jacksonville is $402,675, with tax bills ranging from $1,439 at the 25th percentile to $5,682 at the 90th percentile. The highest and lowest median tax bills are both $2,854 in the 97530 zip code. 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 Jacksonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jacksonville Assessed Value
$402,675
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 Jacksonville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97530 | $57,360 | $176,130 | $402,675 | $634,870 | $846,085 |
Source: Ownwell
Property Tax Bills Across Jacksonville, Oregon
In Jacksonville, OR, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This value is typically lower than the market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Various factors influence the assessed value, including property size, location, and any improvements made. For homeowners in Jacksonville, the median home price is $402,675. Property tax bills in the city can vary significantly. For example, the tax bill at the 25th percentile is $1,439, while at the 75th percentile, it rises to $4,231. The 90th percentile tax bill reaches $5,682. The highest median tax bill in the area is $2,854, found in the 97530 zip code. Comparatively, Jacksonville's property tax rate is higher than the national median of 0.99%, impacting homeowners by increasing their annual expenses. Understanding how these factors interplay can help residents anticipate their property tax obligations and manage their finances accordingly.
Average Jacksonville Tax Bill
$2,854
Average Jackson County Tax Bill
$2,797
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Jacksonville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97530 | $263 | $1,439 | $2,854 | $4,231 | $5,682 |
Source: Ownwell