Wilderville, Oregon Property Taxes
The median property tax rate in Wilderville, OR is 0.35%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $318,810 in Wilderville, the typical annual property tax bill is $1,051, which is well below the national median of $2,690. Property taxes in Wilderville are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Wilderville'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 Wilderville or another part of Josephine County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilderville, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.35%
Estimate Property Tax Bill
$1,116
$1,035
Ownwell’s Wilderville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilderville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilderville 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 Wilderville, Oregon
Property taxes in Wilderville, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilderville is 0.35%, significantly lower than both the Oregon state median of 0.90% and the U.S. national median of 0.99%. Local government entities within Wilderville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilderville 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 Wilderville'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 1.13%, while the lowest median tax rate is 0.35%. Understanding how these cities compare with Wilderville 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 Wilderville Tax Rate
0.35%
Average Josephine County Tax Rate
0.51%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilderville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97543 | 0.26% | 0.31% | 0.35% | 0.41% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Wilderville, Oregon
In Wilderville, 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 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. In Wilderville, 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 Wilderville 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 $1051, found in the 97543 zip code.
Average Wilderville Assessed Value
$318,810
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 Wilderville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97543 | $31,180 | $184,370 | $318,810 | $476,960 | $679,670 |
Source: Ownwell
Property Tax Bills Across Wilderville, Oregon
In Wilderville, located in Josephine County, OR, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. The median home price in Wilderville is $318,810, and the property tax rate is set by local taxing authorities. Several factors influence the total tax bill, including the property's location, any applicable exemptions, and improvements made to the home. For example, the 25th percentile of tax bills in Wilderville is $529, while the 75th percentile reaches $1,697, and the 90th percentile can go up to $2,452. These figures show a range of what homeowners might expect to pay annually, depending on their property's assessed value and other contributing factors. Compared to the national median property tax rate of 0.99%, Wilderville's tax rates can offer some homeowners a more affordable option, but the exact amount will vary based on individual circumstances and property details.
Average Wilderville Tax Bill
$1,051
Average Josephine County Tax Bill
$1,771
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilderville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97543 | $141 | $529 | $1,051 | $1,697 | $2,452 |
Source: Ownwell