Eugene, Lane County, Oregon Property Taxes

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

Median Eugene, OR effective property tax rate: 0.96%, slightly lower than the national median of 1.02%, but higher than the Oregon state median of 0.86%.
Median Eugene, OR home value: $412,534
Median annual Eugene, OR tax bill: $3,879, $1,479 higher than the national median property tax bill of $2,400.

How are property taxes in Lane County calculated?

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

Last Updated March 1, 2025

Eugene, Lane County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$3,960

$3,675

Ownwell’s Eugene Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eugene with just two data points. By entering your property's estimated assessed value, our calculator applies Eugene’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 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 Lane County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Eugene, Lane County, Oregon

Local government entities set tax rates, which can vary widely within a state. 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.

Eugene, located in Lane County, Oregon, showcases a diverse range of property tax rates. Within Eugene, the highest median tax rate is found in the 97403 zip code, while the lowest is in the 97402 zip code. The median property tax rate in Oregon is slightly below the national median, offering residents a competitive rate compared to other states. Eugene's effective property tax rate provides a balanced perspective when compared to other cities in Oregon and the U.S.

Understanding these rates can help property owners in Eugene make informed decisions about their investments and financial planning. With property taxes being a significant aspect of homeownership, staying informed about local tax trends is essential for maximizing savings and ensuring compliance.

Property Tax Rates Across Eugene, Lane County, Oregon

Source: Ownwell

0.47%

0.77%

1.06%

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 Eugene Tax Rate

0.96%

Median Effective Lane County Tax Rate

0.86%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Eugene, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97401	0.83%	0.94%	1.04%	1.15%	1.25%
97402	0.67%	0.78%	0.86%	0.96%	1.08%
97403	0.82%	0.94%	1.06%	1.19%	1.32%
97404	0.64%	0.72%	0.88%	1.03%	1.12%
97405	0.72%	0.90%	1.03%	1.15%	1.27%
97408	0.70%	0.89%	1.04%	1.16%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Eugene, Lane County, Oregon

When examining property taxes in Eugene, 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 Lane County appraisal district 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 in Lane County 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 Eugene. For example, the median home price in Eugene is $412,534, with tax bills ranging significantly across the county. Zip code 97403 has the highest median home price at $510,972.

Property Tax Assessment Values Across Eugene, Lane County, Oregon

Source: Ownwell

$173,337

$342,155

$510,972

Median Eugene Market Value

$412,534

Median Lane County Market Value

$368,888

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Eugene, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97401	$290,026	$395,726	$473,358	$591,742	$759,054
97402	$66,481	$244,378	$340,888	$412,427	$508,250
97403	$26,428	$331,426	$510,972	$658,288	$832,240
97404	$285,890	$331,180	$390,902	$459,061	$545,458
97405	$279,319	$365,962	$461,012	$583,368	$749,998
97408	$60,402	$336,148	$492,130	$690,577	$861,258

Source: Ownwell

Property Tax Bills Across Eugene, Lane County, Oregon

In Eugene, located in Lane County, OR, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by local authorities and is often a fraction of the market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as location within the city and specific local levies can influence the final tax amount. For example, homeowners in the 97403 zip code experience the highest median tax bill of $5,674, while those in the 97402 zip code see the lowest at $2,881. The 25th percentile tax bill is $2,717, while the 75th percentile reaches $5,415. These figures highlight the variability in tax burdens across Eugene, which can significantly impact homeowners financially. Ownwell offers tailored property tax appeal services to help homeowners reduce their tax bills. By analyzing assessed values and identifying discrepancies, Ownwell can assist in achieving more accurate and often lower property tax assessments, providing potential savings for Eugene homeowners.

Property Tax Bills Across Eugene, Lane County, Oregon

Source: Ownwell

$1,042

$3,358

$5,674

Median Eugene Tax Bill

$3,879

Median Lane County Tax Bill

$3,052

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Eugene, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97401	$2,797	$3,784	$4,846	$6,354	$8,577
97402	$824	$2,173	$2,881	$3,648	$4,420
97403	$1,983	$3,872	$5,674	$7,416	$9,506
97404	$2,026	$2,517	$3,289	$4,495	$5,565
97405	$2,373	$3,503	$4,678	$6,247	$8,446
97408	$1,176	$2,997	$5,148	$7,556	$10,100

Source: Ownwell