White City, Oregon Property Taxes
The median property tax rate in White City, OR is 0.69%, which is lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in White City at $243,080, the typical annual property tax bill is $1,834, falling below the national median of $2,690. Property taxes in White City 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 White City'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 White City 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
White City, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,677
$1,556
Ownwell’s White City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in White City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in White City 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 White City, Oregon
Property taxes in White City, Oregon, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White City is 0.69%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within White City set these rates annually, and they can vary across different neighborhoods. Each year, White City 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 White City's effective property tax rate to other areas in Jackson County and the national median. For comparison, the 97503 zip code has both the highest and lowest median property tax rate of 0.69%. Understanding how these areas compare with White City 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 White City Tax Rate
0.69%
Average Jackson County Tax Rate
0.87%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across White City, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97503 | 0.43% | 0.58% | 0.69% | 0.77% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across White City, Oregon
In White City, 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's Office 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 White City, 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 White City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,834, found in the 97503 zip code.
Average White City Assessed Value
$243,080
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 White City, Oregon
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97503 | $38,890 | $88,490 | $243,080 | $313,670 | $389,590 |
Source: Ownwell
Property Tax Bills Across White City, Oregon
Property tax bills in White City, located in Jackson County, OR, are determined based on the assessed value of a property, which is distinct from its market value. The assessed value is calculated by local tax authorities and is typically lower than the market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in White City, the median home price is $243,080. Property tax bills can vary significantly, with the 25th percentile at $673 and the 75th percentile at $2,285. The 90th percentile tax bill can go up to $2,652. Comparatively, the national median property tax rate is 0.99%, which means White City's property taxes can be relatively moderate depending on the assessed value and specific tax rate applied. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the overall quality of life in the community.
Average White City Tax Bill
$1,834
Average Jackson County Tax Bill
$2,797
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across White City, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97503 | $191 | $673 | $1,834 | $2,285 | $2,652 |
Source: Ownwell