Lake County, Oregon Property Taxes

Name: Property Tax Bills Across Lake County, Oregon
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lake County effective property tax rate: 0.80%, significantly lower than the national median of 1.02%. Median Lake County home value: $110,290. Median annual Lake County tax bill: $884, which is $1,516 lower than the national median property tax bill of $2,400.

How are property taxes in Lake County calculated?

Property taxes in Lake County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Lakeview or another part of Lake County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lake County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$882

$819

Ownwell’s Lake County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lake County with just two data points. By entering your property's estimated assessed value, our calculator applies Lake County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lake County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lake County, Oregon

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Lake County's effective property tax rate to other counties in Oregon or the U.S. median property tax rate. Lake County's median property tax rate stands at 0.80%, which is significantly below the national median of 1.02%. Within Oregon, Paisley has the highest median property tax rate at 1.23%, while Plush boasts the lowest at 0.50%. This disparity highlights the importance of understanding local tax dynamics, as they can substantially impact your property tax bill. By staying informed and considering property tax appeal and exemption services, homeowners can potentially reduce their financial burden and ensure fair taxation based on their property's assessed value.

Property Tax Rates Across Lake County, Oregon

Source: Ownwell

0.50%

0.87%

1.23%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lake County Tax Rate

0.80%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lake County, Oregon

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Christmas Valley	0.31%	0.59%	0.92%	1.30%	1.47%
Lakeview	0.31%	0.62%	0.89%	1.18%	1.46%
Paisley	0.21%	0.29%	1.23%	1.40%	1.40%
Plush	0.17%	0.23%	0.50%	0.63%	0.85%
Silver Lake	0.18%	0.29%	0.58%	0.88%	1.19%
Summer Lake	0.17%	0.27%	0.60%	0.74%	0.84%
Fort Rock	N/A	N/A	N/A	N/A	N/A
New Pine Creek	N/A	N/A	N/A	N/A	N/A
Riley	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lake County, Oregon

When examining property taxes in Lake County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lake County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Lake County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lake County.

For example, the median tax bill in Lake County is $1,187, with tax bills ranging significantly across the county. Plush has the highest median home price at $192,650.

Property Tax Assessment Values Across Lake County, Oregon

Source: Ownwell

$66,290

$129,470

$192,650

Median Lake County Market Value

$110,290

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lake County, Oregon

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Christmas Valley	$15,160	$36,990	$66,290	$131,402	$273,756
Lakeview	$20,790	$51,862	$128,770	$287,490	$671,781
Paisley	$22,702	$54,800	$91,490	$517,620	$1,462,084
Plush	$52,190	$79,835	$192,650	$643,230	$1,254,860
Silver Lake	$31,973	$63,600	$144,165	$669,835	$1,144,513
Summer Lake	$72,906	$107,975	$160,865	$519,502	$798,291
Fort Rock	N/A	N/A	N/A	N/A	N/A
New Pine Creek	N/A	N/A	N/A	N/A	N/A
Riley	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lake County, Oregon

Property tax bills in Lake County, Oregon, are determined by assessing the market value of a home and applying the local tax rate. The median home price in this county is $110,290, which is relatively low compared to national figures. Homeowners can expect a median property tax bill of $1,187 in Plush, the highest in the county, while those in Christmas Valley pay a median of $568, the lowest. These figures reflect the variation in property values and local tax rates within the county.

The tax bill is influenced by factors such as property characteristics, location, and any applicable exemptions or deductions. Homeowners in Lake County can see tax bills at the 25th percentile around $418, while those at the 75th percentile pay approximately $1,713. At the 90th percentile, tax bills can reach $2,701. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Lake County offers relatively affordable property taxes, which can be a significant financial consideration for homeowners in the area.

Property Tax Bills Across Lake County, Oregon

Source: Ownwell

$568

$878

$1,187

Median Lake County Tax Bill

$884

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Lake County, Oregon

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Christmas Valley	$98	$308	$568	$1,113	$1,929
Lakeview	$249	$516	$1,097	$1,986	$2,726
Paisley	$279	$505	$1,074	$1,959	$4,601
Plush	$296	$616	$1,187	$1,888	$3,267
Silver Lake	$168	$429	$882	$2,010	$4,013
Summer Lake	$426	$684	$1,103	$1,648	$2,787
Fort Rock	N/A	N/A	N/A	N/A	N/A
New Pine Creek	N/A	N/A	N/A	N/A	N/A
Riley	N/A	N/A	N/A	N/A	N/A

Source: Ownwell