Klamath County Property Taxes
The median property tax rate in Klamath County is 0.72%, 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 Klamath County, the typical annual property tax bill is $1,333, considerably less than the national median of $2,690. Property taxes in Klamath County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Klamath County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Klamath Falls or another part of Klamath County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Klamath County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,328
Ownwell’s Klamath County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Klamath County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Klamath County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Klamath County, Oregon
Property taxes in Klamath County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Klamath County is 0.72%, which is lower than the U.S. national median of 0.99%. Local government entities within Klamath County set these rates annually, and they can vary significantly between different areas within the county. Each year, Klamath County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Klamath County's effective property tax rate with other counties in Oregon and the national median. For comparison, the city of Bly has one of the higher property tax rates in Oregon at 0.92%, while the city of Fort Klamath boasts one of the lowest at 0.41%. Analyzing how Klamath County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Klamath County Tax Rate
0.72%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Klamath County, Oregon
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Beatty | 0.25% | 0.36% | 0.58% | 0.83% | 1.04% |
Bly | 0.39% | 0.66% | 0.92% | 1.31% | 1.70% |
Bonanza | 0.34% | 0.48% | 0.75% | 1.08% | 1.32% |
Chemult | 0.23% | 0.36% | 0.53% | 0.88% | 1.04% |
Chiloquin | 0.37% | 0.47% | 0.69% | 0.97% | 1.20% |
Cottage Grove | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Crescent | 0.32% | 0.44% | 0.66% | 1.02% | 1.32% |
Crescent Lake | 0.23% | 0.32% | 0.45% | 0.82% | 1.16% |
Dairy | 0.40% | 0.51% | 0.65% | 0.91% | 1.07% |
Fort Klamath | 0.31% | 0.36% | 0.41% | 0.51% | 0.70% |
Gilchrist | 0.26% | 0.31% | 0.39% | 0.78% | 1.07% |
Keno | 0.36% | 0.40% | 0.68% | 1.12% | 1.39% |
Klamath Falls | 0.45% | 0.56% | 0.75% | 1.15% | 1.53% |
La Pine | 0.25% | 0.33% | 0.60% | 0.88% | 1.09% |
Malin | 0.50% | 0.63% | 0.74% | 1.07% | 1.55% |
Merrill | 0.37% | 0.47% | 0.56% | 0.89% | 1.23% |
Midland | 0.36% | 0.43% | 0.57% | 0.72% | 1.06% |
Sprague River | 0.26% | 0.44% | 0.72% | 0.96% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Klamath County, Oregon
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Klamath County, Oregon. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Klamath County Appraisal District. The assessed value, however, 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 in Klamath County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Klamath Falls has the highest median tax bill at $1,564, while Beatty has the lowest at $359. Being aware of these valuation processes in Klamath County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Klamath County Assessed Value
$184,440
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Klamath County, Oregon
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Beatty | $17,149 | $29,718 | $57,655 | $121,535 | $296,295 |
Bly | $9,560 | $17,555 | $40,980 | $108,230 | $239,360 |
Bonanza | $21,602 | $41,510 | $93,690 | $179,230 | $346,976 |
Chemult | $7,928 | $26,690 | $82,450 | $165,370 | $333,774 |
Chiloquin | $18,801 | $40,878 | $101,180 | $260,445 | $475,028 |
Cottage Grove | $79,030 | $79,030 | $79,030 | $79,030 | $79,030 |
Crescent | $15,108 | $49,840 | $109,990 | $245,280 | $468,544 |
Crescent Lake | $34,515 | $120,808 | $256,610 | $489,825 | $755,055 |
Dairy | $19,642 | $38,588 | $102,890 | $151,262 | $235,245 |
Fort Klamath | $25,114 | $55,458 | $126,625 | $250,328 | $545,901 |
Gilchrist | $68,905 | $115,062 | $231,265 | $402,040 | $656,865 |
Keno | $17,210 | $54,910 | $142,940 | $445,220 | $554,032 |
Klamath Falls | $36,066 | $105,070 | $213,520 | $335,995 | $477,980 |
La Pine | $48,702 | $96,292 | $174,550 | $410,828 | $722,391 |
Malin | $21,308 | $56,042 | $108,190 | $220,998 | $313,975 |
Merrill | $31,640 | $72,720 | $154,520 | $275,270 | $399,752 |
Midland | $49,414 | $130,640 | $229,410 | $297,560 | $363,952 |
Sprague River | $10,840 | $24,760 | $54,260 | $112,315 | $361,560 |
Source: Ownwell
Property Tax Bills Across Klamath County, Oregon
In Klamath County, OR, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's market value, improvements, and any applicable exemptions. For homeowners in Klamath County, the financial impact of property taxes can vary significantly. The median home price in the county is $184,440. Tax bills can range widely, with the 25th percentile at $623, the 75th percentile at $2,191, and the 90th percentile reaching $3,227. Klamath Falls has the highest median tax bill at $1,564, while Beatty has the lowest at $359. Compared to the national median property tax rate of 0.99%, the tax rates in Klamath County can result in relatively moderate to high tax bills, depending on the specific location and property value. This variability can significantly affect homeowners' annual expenses and long-term financial planning.
Average Klamath County Tax Bill
$1,333
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Klamath County, Oregon
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Beatty | $103 | $196 | $359 | $686 | $1,133 |
Bly | $106 | $182 | $367 | $927 | $1,415 |
Bonanza | $154 | $308 | $747 | $1,323 | $1,917 |
Chemult | $58 | $179 | $412 | $732 | $1,141 |
Chiloquin | $149 | $319 | $831 | $1,502 | $2,273 |
Cottage Grove | $549 | $549 | $549 | $549 | $549 |
Crescent | $126 | $339 | $805 | $1,503 | $2,212 |
Crescent Lake | $228 | $562 | $1,210 | $2,115 | $3,236 |
Dairy | $131 | $326 | $634 | $1,185 | $1,593 |
Fort Klamath | $124 | $244 | $502 | $910 | $1,527 |
Gilchrist | $430 | $807 | $1,024 | $1,490 | $2,192 |
Keno | $159 | $482 | $1,344 | $1,982 | $2,620 |
Klamath Falls | $336 | $914 | $1,564 | $2,505 | $3,561 |
La Pine | $272 | $569 | $1,202 | $1,945 | $2,594 |
Malin | $235 | $497 | $917 | $1,527 | $2,080 |
Merrill | $208 | $498 | $985 | $1,463 | $2,142 |
Midland | $369 | $858 | $1,210 | $1,454 | $1,929 |
Sprague River | $69 | $169 | $379 | $796 | $1,347 |
Source: Ownwell