Rogue River, Oregon Property Taxes
The median property tax rate in Rogue River, OR is 0.68%, which is lower than both the national median of 0.99% and Oregon's state median of 0.86%. With a median home value of $247,940 in Rogue River, the typical annual property tax bill amounts to $1,880, significantly below the national median of $2,690. Property taxes in Rogue River 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 Rogue River'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 Rogue River 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
Rogue River, 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 Rogue River Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogue River with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogue River 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 Rogue River, Oregon
Property taxes in Rogue River, Oregon, are essential for funding key local services, including public schools, road maintenance, and emergency services. The median tax rate in Rogue River is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Rogue River set these rates annually, and they can vary across different neighborhoods. Each year, Rogue River 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 Rogue River's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97537 zip code has the highest median property tax rate of 0.68%, while the same zip code also has the lowest median tax rate of 0.68%. Understanding how these cities compare with Rogue River 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 Rogue River Tax Rate
0.68%
Average Jackson County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogue River, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97537 | 0.28% | 0.45% | 0.68% | 0.85% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Rogue River, Oregon
In Rogue River, 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 Rogue River, 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 Rogue River helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Rogue River is $247,940, with the median tax bill at the 25th percentile being $1,072 and at the 75th percentile being $2,534. The highest and lowest median tax bills are both $1,880 in the 97537 zip code.
Average Rogue River Assessed Value
$247,940
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 Rogue River, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97537 | $51,520 | $103,805 | $247,940 | $388,255 | $512,560 |
Source: Ownwell
Property Tax Bills Across Rogue River, Oregon
In Rogue River, Jackson County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Rogue River is $247,940. The tax bill for homeowners varies significantly, with the 25th percentile at $1,072 and the 75th percentile at $2,534. At the 90th percentile, homeowners can expect to pay around $3,277 annually. Factors influencing the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. Homeowners in Rogue River pay a median property tax rate that aligns with the national median rate of 0.99%. This ensures that property taxes are relatively consistent with the broader national landscape, although individual bills can vary based on property values and specific local tax rates. Understanding these factors can help homeowners anticipate their annual tax obligations and budget accordingly.
Average Rogue River Tax Bill
$1,880
Average Jackson County Tax Bill
$2,797
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogue River, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97537 | $314 | $1,072 | $1,880 | $2,534 | $3,277 |
Source: Ownwell