Florence, Lane County, Oregon Property Taxes
Median Florence, OR effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Florence, OR home value: $338,686
Median annual Florence, OR tax bill: $2,231, $169 lower than the national median property tax bill of $2,400.
How are property taxes in Lane calculated?
Property taxes in Florence, 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 Florence’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Florence, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Florence, Lane County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.67%
Estimate Property Tax Bill
$2,269
$2,106
Ownwell’s Florence Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Florence with just two data points. By entering your property's estimated assessed value, our calculator applies Florence’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 Florence, Lane County, Oregon
Local government entities set property tax rates, which can vary significantly within a state. Each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
Comparing Florence’s effective property tax rate to other cities in Oregon and the median property tax rates in Oregon and the U.S. reveals some interesting insights. Florence, located in Lane County, boasts a median property tax rate of 0.67%, which is notably lower than the national median property tax rate of 1.02%. This means homeowners in Florence can enjoy a more affordable property tax bill compared to many other areas nationwide. This lower rate can provide significant financial relief to property owners, making Florence an attractive place for those looking to reduce their property tax burden.
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 Florence Tax Rate
0.67%
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 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 Florence, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97439 | 0.48% | 0.57% | 0.67% | 0.77% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Florence, Lane County, Oregon
When examining property taxes in Florence, OR, 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.
In Lane 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 Florence.
For example, the median home price in Florence is $338,686, with tax bills ranging significantly across the county. Zip code 97439 has the highest median home price at $338,686.
Property Tax Assessment Values Across Florence, Lane County, Oregon
Source: Ownwell
$173,337
$342,155
$510,972
Median Florence Market Value
$338,686
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 Florence, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97439 | $73,458 | $183,092 | $338,686 | $475,560 | $636,392 |
Source: Ownwell
Property Tax Bills Across Florence, Lane County, Oregon
Median Florence Tax Bill
$2,231
Median Lane County Tax Bill
$3,052
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Florence, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97439 | $527 | $1,279 | $2,231 | $3,132 | $4,359 |
Source: Ownwell