Lincoln County, Oregon Property Taxes
The median property tax rate in Lincoln County is 0.84%, which is slightly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Lincoln County at $341,090, the typical annual property tax bill is $2,817, which is close to the national median of $2,690. Property taxes in Lincoln County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Lincoln County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Newport or another part of Lincoln County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lincoln County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$2,865
$2,659
Ownwell’s Lincoln County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lincoln County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lincoln County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lincoln County, Oregon
Property taxes in Lincoln County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lincoln County is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Lincoln County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lincoln County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Lincoln County's effective property tax rate with other regions. For comparison, the city of Jacksonville has one of the higher property tax rates in Oregon at 1.04%, while the city of Blodgett boasts one of the lowest at 0.58%. Analyzing how Lincoln County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lincoln County Tax Rate
0.84%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lincoln County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alsea | 0.64% | 0.69% | 0.84% | 0.96% | 1.04% |
| Blodgett | 0.43% | 0.50% | 0.58% | 0.66% | 0.79% |
| Corvallis | N/A | N/A | N/A | N/A | N/A |
| Depoe Bay | 0.61% | 0.70% | 0.79% | 0.88% | 0.99% |
| Eddyville | 0.40% | 0.50% | 0.61% | 0.71% | 0.90% |
| Gleneden Beach | 0.57% | 0.66% | 0.78% | 0.90% | 0.97% |
| Jacksonville | N/A | N/A | N/A | N/A | N/A |
| Lincoln City | 0.65% | 0.75% | 0.89% | 1.02% | 1.14% |
| Logsden | 0.55% | 0.62% | 0.70% | 0.79% | 0.91% |
| Neotsu | 0.53% | 0.59% | 0.66% | 0.74% | 0.82% |
| Newport | 0.71% | 0.85% | 1.01% | 1.14% | 1.26% |
| Otis | 0.52% | 0.62% | 0.73% | 0.83% | 0.95% |
| Otter Rock | 0.60% | 0.68% | 0.76% | 0.83% | 0.94% |
| Portland | N/A | N/A | N/A | N/A | N/A |
| Salem | N/A | N/A | N/A | N/A | N/A |
| Seal Rock | 0.61% | 0.70% | 0.78% | 0.87% | 0.98% |
| Siletz | 0.50% | 0.62% | 0.72% | 0.86% | 1.11% |
| South Beach | 0.67% | 0.78% | 0.90% | 1.03% | 1.18% |
| Tidewater | 0.73% | 0.81% | 0.91% | 0.99% | 1.06% |
| Toledo | 0.57% | 0.68% | 0.80% | 0.93% | 1.07% |
| Waldport | 0.64% | 0.74% | 0.83% | 0.95% | 1.07% |
| Washougal | N/A | N/A | N/A | N/A | N/A |
| Yachats | 0.64% | 0.72% | 0.81% | 0.90% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Lincoln County, Oregon
In Lincoln County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lincoln County Appraisal District. The assessed value, however, 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. Assessment notices in Lincoln County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Jacksonville has the highest median tax bill at $7,156, while Portland has the lowest at $425. Being aware of these valuation processes in Lincoln County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Lincoln County Assessed Value
$341,090
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lincoln County, Oregon
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alsea | $87,098 | $146,790 | $233,915 | $320,180 | $451,661 |
| Blodgett | $49,093 | $86,578 | $207,360 | $311,280 | $512,528 |
| Corvallis | N/A | N/A | N/A | N/A | N/A |
| Depoe Bay | $83,705 | $245,540 | $426,990 | $630,958 | $837,930 |
| Eddyville | $37,823 | $72,650 | $165,575 | $282,758 | $389,908 |
| Gleneden Beach | $225,844 | $330,500 | $511,675 | $737,372 | $1,021,914 |
| Jacksonville | N/A | N/A | N/A | N/A | N/A |
| Lincoln City | $152,272 | $276,480 | $403,280 | $578,015 | $769,324 |
| Logsden | $32,660 | $108,120 | $241,760 | $369,300 | $465,516 |
| Neotsu | $202,458 | $314,070 | $475,480 | $692,400 | $883,294 |
| Newport | $159,608 | $254,290 | $369,300 | $520,750 | $711,986 |
| Otis | $45,664 | $103,048 | $224,330 | $389,242 | $635,231 |
| Otter Rock | $163,850 | $285,640 | $452,060 | $655,910 | $882,790 |
| Portland | N/A | N/A | N/A | N/A | N/A |
| Salem | N/A | N/A | N/A | N/A | N/A |
| Seal Rock | $86,748 | $198,218 | $376,345 | $580,172 | $876,332 |
| Siletz | $18,578 | $95,240 | $236,900 | $361,810 | $502,508 |
| South Beach | $92,420 | $222,670 | $379,375 | $608,578 | $809,454 |
| Tidewater | $69,189 | $140,475 | $255,530 | $377,082 | $496,038 |
| Toledo | $70,358 | $164,805 | $253,715 | $369,930 | $508,745 |
| Waldport | $70,470 | $198,840 | $341,460 | $481,610 | $647,560 |
| Washougal | N/A | N/A | N/A | N/A | N/A |
| Yachats | $105,510 | $227,410 | $392,470 | $579,940 | $777,854 |
Source: Ownwell
Property Tax Bills Across Lincoln County, Oregon
In Lincoln County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is typically lower than the market value and is adjusted annually. The tax rate applied to this assessed value varies, but the median property tax rate in Lincoln County is 0.99%, aligning with the national median. Homeowners in Lincoln County can expect their tax bills to fall within a range depending on their property's assessed value. The 25th percentile tax bill is around $1,535, while the 75th percentile tax bill reaches up to $4,521. At the higher end, the 90th percentile tax bill can be as much as $6,617. Factors influencing these tax bills include property size, location, and any applicable exemptions or deductions. For example, Jacksonville has the highest median tax bill in the county at $7,156, whereas Portland has the lowest at $425. These variations significantly impact homeowners, affecting their annual budgeting and long-term financial planning.
Average Lincoln County Tax Bill
$2,817
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Lincoln County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alsea | $841 | $1,123 | $1,813 | $2,668 | $3,636 |
| Blodgett | $279 | $519 | $1,072 | $1,739 | $2,609 |
| Corvallis | N/A | N/A | N/A | N/A | N/A |
| Depoe Bay | $615 | $1,758 | $3,245 | $5,109 | $7,084 |
| Eddyville | $203 | $405 | $1,057 | $1,881 | $2,338 |
| Gleneden Beach | $1,328 | $2,216 | $3,900 | $6,261 | $8,954 |
| Jacksonville | N/A | N/A | N/A | N/A | N/A |
| Lincoln City | $1,227 | $2,323 | $3,498 | $5,313 | $7,499 |
| Logsden | $275 | $697 | $1,570 | $2,603 | $3,434 |
| Neotsu | $1,314 | $1,933 | $3,186 | $4,582 | $5,862 |
| Newport | $1,412 | $2,401 | $3,612 | $5,214 | $7,448 |
| Otis | $337 | $738 | $1,602 | $2,774 | $4,625 |
| Otter Rock | $1,107 | $2,205 | $3,467 | $5,338 | $7,109 |
| Portland | N/A | N/A | N/A | N/A | N/A |
| Salem | N/A | N/A | N/A | N/A | N/A |
| Seal Rock | $698 | $1,562 | $2,885 | $4,450 | $6,641 |
| Siletz | $166 | $692 | $1,609 | $2,546 | $3,765 |
| South Beach | $802 | $1,978 | $3,265 | $5,529 | $8,315 |
| Tidewater | $645 | $1,347 | $2,339 | $3,268 | $4,179 |
| Toledo | $553 | $1,275 | $2,055 | $2,891 | $3,920 |
| Waldport | $596 | $1,679 | $2,724 | $4,015 | $5,498 |
| Washougal | N/A | N/A | N/A | N/A | N/A |
| Yachats | $849 | $1,775 | $2,988 | $4,707 | $6,624 |
Source: Ownwell