Linn County Property Taxes
The median property tax rate in Linn County is 0.82%, 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 Linn County at $372,065, the typical annual property tax bill is $3,138, which is still above the national median of $2,690. Property taxes in Linn County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Linn 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 Albany or another part of Linn County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Linn County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$3,051
$2,831
Ownwell’s Linn County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linn County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Linn 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 Linn County, Oregon
Property taxes in Linn County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Linn County is 0.82%, which is lower than the U.S. national median of 0.99%. Local government entities within Linn County set these rates annually, and they can vary significantly between different areas within the county. Each year, Linn 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. For comparison, the city of Albany has one of the higher property tax rates in Oregon at 0.95%, while the city of Jefferson boasts one of the lowest at 0.46%. Analyzing how Linn County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Linn County Tax Rate
0.82%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linn County, Oregon
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albany | 0.65% | 0.81% | 0.95% | 1.04% | 1.13% |
Blue River | N/A | N/A | N/A | N/A | N/A |
Brownsville | 0.32% | 0.47% | 0.67% | 0.87% | 1.01% |
Cascadia | 0.39% | 0.47% | 0.56% | 0.65% | 0.82% |
Corvallis | 0.44% | 0.58% | 0.76% | 0.89% | 0.95% |
Crabtree | 0.42% | 0.52% | 0.61% | 0.69% | 0.74% |
Crawfordsville | 0.37% | 0.45% | 0.60% | 0.68% | 0.76% |
Foster | 0.39% | 0.51% | 0.60% | 0.70% | 0.82% |
Gates | 0.36% | 0.45% | 0.60% | 0.73% | 0.80% |
Halsey | 0.22% | 0.36% | 0.61% | 0.79% | 0.88% |
Harrisburg | 0.42% | 0.65% | 0.81% | 0.94% | 1.06% |
Idanha | 0.48% | 0.59% | 0.69% | 0.90% | 1.10% |
Jefferson | 0.22% | 0.32% | 0.46% | 0.56% | 0.94% |
Lebanon | 0.42% | 0.59% | 0.77% | 0.96% | 1.10% |
Lyons | 0.43% | 0.53% | 0.64% | 0.73% | 0.81% |
Mill City | 0.55% | 0.63% | 0.73% | 0.82% | 0.91% |
Scio | 0.24% | 0.35% | 0.47% | 0.62% | 0.79% |
Shedd | 0.24% | 0.36% | 0.47% | 0.58% | 0.66% |
Sisters | N/A | N/A | N/A | N/A | N/A |
Springfield | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
Stayton | 0.30% | 0.40% | 0.52% | 0.65% | 0.73% |
Sweet Home | 0.44% | 0.57% | 0.79% | 1.06% | 1.22% |
Tangent | 0.36% | 0.53% | 0.69% | 0.81% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Linn County, Oregon
In Linn 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 Linn 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 Linn 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 example, Corvallis has the highest median tax bill at $4,133, while Springfield has the lowest at $1,139. Being aware of these valuation processes in Linn County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Linn County Assessed Value
$372,065
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linn County, Oregon
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albany | $148,762 | $322,790 | $387,830 | $478,320 | $599,504 |
Blue River | N/A | N/A | N/A | N/A | N/A |
Brownsville | $109,992 | $265,330 | $387,970 | $523,930 | $729,734 |
Cascadia | $125,839 | $171,580 | $252,670 | $344,755 | $463,802 |
Corvallis | $63,950 | $151,050 | $494,620 | $651,065 | $816,560 |
Crabtree | $109,933 | $209,532 | $346,510 | $468,588 | $575,322 |
Crawfordsville | $33,924 | $123,252 | $221,315 | $333,975 | $458,299 |
Foster | $100,868 | $178,048 | $372,075 | $553,100 | $720,517 |
Gates | $104,746 | $253,615 | $407,300 | $568,860 | $691,346 |
Halsey | $150,616 | $276,910 | $362,640 | $587,425 | $1,390,754 |
Harrisburg | $75,433 | $305,572 | $380,175 | $491,568 | $810,927 |
Idanha | $22,630 | $77,215 | $166,140 | $269,960 | $364,400 |
Jefferson | $87,305 | $313,345 | $655,940 | $1,093,658 | $2,454,590 |
Lebanon | $114,732 | $255,570 | $355,390 | $488,770 | $671,268 |
Lyons | $110,338 | $217,420 | $401,070 | $541,300 | $668,002 |
Mill City | $147,648 | $220,665 | $319,820 | $420,655 | $546,674 |
Scio | $82,006 | $250,880 | $472,430 | $690,760 | $911,208 |
Shedd | $128,686 | $270,685 | $500,410 | $704,760 | $1,092,536 |
Sisters | N/A | N/A | N/A | N/A | N/A |
Springfield | $475,300 | $475,300 | $475,300 | $475,300 | $475,300 |
Stayton | $97,288 | $344,710 | $600,090 | $746,105 | $888,908 |
Sweet Home | $61,444 | $187,320 | $303,765 | $413,625 | $588,052 |
Tangent | $73,752 | $123,050 | $386,040 | $554,790 | $824,408 |
Source: Ownwell
Property Tax Bills Across Linn County, Oregon
In Linn County, Oregon, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor's office. The assessed value is typically lower than the market value and is adjusted annually. The tax rate is then applied to this assessed value to determine the tax bill. Various factors influence the assessed value, including property size, location, and any improvements made to the property. Homeowners in Linn County can expect a wide range of property tax bills. For instance, the tax bill at the 25th percentile is around $1,942, while those at the 75th percentile pay approximately $4,146. The highest tax bills, at the 90th percentile, reach up to $5,173. These figures are influenced by the median home price in the county, which stands at $372,065. Comparatively, Corvallis has the highest median tax bill at $4,133, while Springfield has the lowest at $1,139. Understanding these factors helps homeowners anticipate their property tax obligations and plan accordingly.
Average Linn County Tax Bill
$3,138
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Linn County, Oregon
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Albany | $1,448 | $2,862 | $3,721 | $4,549 | $5,420 |
Blue River | N/A | N/A | N/A | N/A | N/A |
Brownsville | $800 | $1,613 | $2,673 | $3,870 | $5,005 |
Cascadia | $472 | $873 | $1,409 | $1,834 | $2,698 |
Corvallis | $389 | $798 | $4,133 | $5,207 | $6,337 |
Crabtree | $766 | $1,274 | $2,228 | $3,014 | $3,852 |
Crawfordsville | $269 | $641 | $1,175 | $2,145 | $3,072 |
Foster | $489 | $1,287 | $2,223 | $3,597 | $4,928 |
Gates | $523 | $1,359 | $2,530 | $3,463 | $4,258 |
Halsey | $905 | $1,776 | $2,400 | $3,276 | $4,287 |
Harrisburg | $613 | $2,171 | $3,099 | $4,122 | $5,293 |
Idanha | $183 | $498 | $1,176 | $1,681 | $2,345 |
Jefferson | $439 | $1,729 | $2,731 | $4,441 | $8,893 |
Lebanon | $905 | $1,930 | $2,920 | $3,868 | $4,941 |
Lyons | $699 | $1,567 | $2,664 | $3,674 | $4,765 |
Mill City | $1,056 | $1,626 | $2,432 | $3,426 | $4,469 |
Scio | $469 | $1,281 | $2,307 | $3,410 | $4,642 |
Shedd | $676 | $1,338 | $2,245 | $3,469 | $4,692 |
Sisters | N/A | N/A | N/A | N/A | N/A |
Springfield | $1,139 | $1,139 | $1,139 | $1,139 | $1,139 |
Stayton | $640 | $1,662 | $2,956 | $4,193 | $5,422 |
Sweet Home | $444 | $1,469 | $2,454 | $3,574 | $4,649 |
Tangent | $424 | $807 | $2,686 | $3,951 | $5,010 |
Source: Ownwell