Dunes City, Oregon Property Taxes
The median property tax rate in Dunes City, OR is 0.75%, 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 Dunes City at $87,147, the typical annual property tax bill comes to $655, significantly below the national median of $2,690. Property taxes in Dunes City are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dunes City'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 Dunes City or another part of Lane County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dunes City, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$654
Ownwell’s Dunes City Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Dunes City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunes City 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 Dunes City, Oregon
Property taxes in Dunes City, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunes City is 0.75%, which is lower than both the Oregon state median of 0.93% and the U.S. national median of 0.99%. Local government entities within Dunes City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dunes City 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 Dunes City's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97439 zip code has both the highest and lowest median property tax rate of 0.75%. Understanding how these cities compare with Dunes City provides valuable insights into the varying tax landscape across Lane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dunes City Tax Rate
0.75%
Average Lane County Tax Rate
0.86%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunes City, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97439 | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Dunes City, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Dunes City, Oregon. 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 Lane 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 Dunes City, 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 Dunes City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Dunes City are both $655, found in the 97439 zip code, providing a clear picture of the local tax landscape.
Average Dunes City Assessed Value
$87,147
Average Lane County Assessed Value
$368,888
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunes City, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97439 | $87,147 | $87,147 | $87,147 | $87,147 | $87,147 |
Source: Ownwell
Property Tax Bills Across Dunes City, Oregon
In Dunes City, located in Lane County, OR, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by the county assessor and is typically lower than the market value. To calculate the tax bill, the assessed value is multiplied by the local property tax rate. For Dunes City, the property tax rate is applied uniformly, leading to a median tax bill of $655, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence a homeowner's tax bill, including the property's assessed value, any applicable exemptions, and the local tax rate. Homeowners benefit from this lower tax burden, making Dunes City an attractive place for those looking to minimize property taxes. The relatively low tax bills can provide financial relief, particularly for retirees or those on a fixed income. This system ensures that property taxes remain manageable, contributing to the overall affordability of living in Dunes City.
Average Dunes City Tax Bill
$655
Average Lane County Tax Bill
$3,052
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunes City, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97439 | $655 | $655 | $655 | $655 | $655 |
Source: Ownwell