Christmas Valley, Lake County, Oregon Property Taxes

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

Median Christmas Valley, OR effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but higher than the Oregon state median of 0.86%.
Median Christmas Valley, OR home value: $66,290
Median annual Christmas Valley, OR tax bill: $568, $1,832 lower than the national median property tax bill of $2,400.

How are property taxes in Lake County calculated?

Property taxes in Christmas Valley, OR 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 Christmas Valley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Christmas Valley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Christmas Valley, Lake County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$610

$566

Ownwell’s Christmas Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Christmas Valley with just two data points. By entering your property's estimated assessed value, our calculator applies Christmas Valley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Lake County — reflects any exemptions you may have, ensuring a 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 Christmas Valley, Lake County, Oregon

Local government entities set tax rates, which can vary widely within a state. Why? Because 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 Christmas Valley’s effective property tax rate to other cities in Oregon and the median property tax rates in Oregon and the U.S.

In Christmas Valley, located in Lake County, the effective property tax rate is 0.92%. This is slightly below the national median property tax rate of 1.02%. When compared to other areas in Oregon, Christmas Valley's rate is on par, as both the highest and lowest median tax rates in the state are also 0.92%. This suggests a level of consistency in property tax rates within this region, providing a stable expectation for property owners.

Property Tax Rates Across Christmas Valley, 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 Christmas Valley Tax Rate

0.92%

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 Christmas Valley, Lake County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97641	0.31%	0.59%	0.92%	1.30%	1.47%

Source: Ownwell

Property Tax Assessment Values Across Christmas Valley, Lake County, Oregon

When examining property taxes in Christmas Valley, Oregon, 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. Assessment notices: Lake County sends assessment notices 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 Christmas Valley. For example, the median home price in Christmas Valley is $66,290, with tax bills ranging significantly across the county. 97641 has the highest median home price at $66,290.

Property Tax Assessment Values Across Christmas Valley, Lake County, Oregon

Source: Ownwell

$66,290

$129,470

$192,650

Median Christmas Valley Market Value

$66,290

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 Christmas Valley, Lake County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97641	$15,160	$36,990	$66,290	$131,402	$273,756

Source: Ownwell

Property Tax Bills Across Christmas Valley, Lake County, Oregon

In Christmas Valley, located in Lake County, OR, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $66,290. Homeowners in Christmas Valley experience a range of tax bills, with the 25th percentile at $308 and the 75th percentile reaching $1,113. The 90th percentile tax bill can go up to $1,929. This variation is influenced by factors such as property size, location, and improvements. The local median property tax bill is $568, which is significantly lower than the national median of $2,400. This lower tax bill can be advantageous for homeowners, but it is crucial to ensure that the assessed value is accurate to avoid overpaying. Ownwell offers services to assist homeowners in appealing their property tax assessments and securing exemptions where applicable. By leveraging professional expertise, homeowners can potentially reduce their tax burden and ensure they are not paying more than necessary.

Property Tax Bills Across Christmas Valley, Lake County, Oregon

Source: Ownwell

$568

$878

$1,187

Median Christmas Valley Tax Bill

$568

Median Lake County Tax Bill

$884

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Christmas Valley, Lake County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97641	$98	$308	$568	$1,113	$1,929

Source: Ownwell