Jacksonville, Oregon Property Taxes
The median property tax rate in Jacksonville, OR is 0.53%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $217,000 in Jacksonville, the typical annual property tax bill is $1,199, which is well below the national median of $2,690. Property taxes in Jacksonville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Jacksonville'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 Jacksonville or another part of the city, grasping 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
0.53%
Estimate Property Tax Bill
$1,150
$1,067
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jacksonville is 0.53%, which is 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 areas in Oregon and the national median. For comparison, the zip code 97530 has both the highest and lowest median property tax rate of 0.53%. Understanding how these areas compare with Jacksonville provides valuable insights into the varying tax landscape across Josephine County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jacksonville Tax Rate
0.53%
Average Josephine County Tax Rate
0.51%
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 | 0.38% | 0.44% | 0.53% | 0.60% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Jacksonville, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Jacksonville, OR. 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 Josephine 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. 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. In Jacksonville, the median home price stands at $217,000, with tax bills ranging from $486 at the 25th percentile to $3,717 at the 90th percentile. The highest and lowest median tax bills are both $1,199 in the 97530 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Jacksonville Assessed Value
$217,000
Average Josephine County Assessed Value
$338,885
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 | $52,228 | $150,720 | $217,000 | $380,180 | $614,904 |
Source: Ownwell
Property Tax Bills Across Jacksonville, Oregon
In Jacksonville, OR, property tax bills are calculated based on the assessed value of a property, which may differ from its market value. The assessed value is determined by the local assessor's office and takes into account factors such as property size, location, and improvements. Tax rates are then applied to this assessed value to calculate the annual property tax bill. For instance, in Jacksonville, the median home price is $217,000. Homeowners in the 25th percentile can expect a tax bill around $486, while those in the 75th percentile may see bills as high as $2,580. For properties in the 90th percentile, tax bills can reach up to $3,717. Compared to the national median property tax rate of 0.99%, Jacksonville's property taxes can significantly impact homeowners, especially those with higher-valued properties. The highest and lowest median tax bills in the area are both recorded at $1,199 in the 97530 zip code. This variability underscores the importance of understanding how local tax assessments and rates influence overall property tax obligations.
Average Jacksonville Tax Bill
$1,199
Average Josephine County Tax Bill
$1,771
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 | $329 | $486 | $1,199 | $2,580 | $3,717 |
Source: Ownwell