Adrian, Malheur County, Oregon Property Taxes
The median property tax rate in Adrian, OR is 0.44%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Adrian at $325,545, the typical annual property tax bill is $1,270, which is well below the national median of $2,690. Property taxes in Adrian are calculated based on the tax assessed value, often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Adrian'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 Adrian or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adrian, Malheur County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$1,432
$1,329
Ownwell’s Adrian Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adrian with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adrian 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 Adrian, Malheur County, Oregon
Property taxes in Adrian, Oregon, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adrian is 0.44%, which is significantly lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Adrian set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adrian 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 Adrian's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97901 has the highest median property tax rate of 0.44%, while the same zip code also has the lowest median tax rate of 0.44%. Understanding how these cities compare with Adrian provides valuable insights into the varying tax landscape across Malheur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adrian Tax Rate
0.44%
Average Malheur County Tax Rate
0.85%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adrian, Malheur County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97901 | 0.19% | 0.26% | 0.44% | 0.86% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Adrian, Malheur County, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Adrian, 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 Malheur 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 Adrian, 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 Adrian helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Adrian is $325,545, with tax bills ranging from $780 at the 25th percentile to $3,269 at the 90th percentile. The highest and lowest median tax bills are both $1,270 in the 97901 zip code.
Property Tax Assessment Values Across Adrian, Malheur County, Oregon
Source: Ownwell
$187,600
$295,368
$403,135
Average Adrian Assessed Value
$325,545
Average Malheur County Assessed Value
$234,525
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adrian, Malheur County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97901 | $57,223 | $113,125 | $325,545 | $635,995 | $1,012,815 |
Source: Ownwell
Property Tax Bills Across Adrian, Malheur County, Oregon
In Adrian, located in Malheur County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $325,545, homeowners can expect a range of tax bills. At the 25th percentile, the tax bill is around $780, while at the 75th percentile, it rises to approximately $2,183. For those at the 90th percentile, it can reach up to $3,269. Comparatively, Adrian's property tax rates can be seen as moderate when compared to the national median property tax rate of 0.99%. This variation in tax bills significantly impacts homeowners, as lower tax bills can make homeownership more affordable, while higher tax bills can add to the financial burden. Understanding these factors is crucial for homeowners to budget effectively and plan for their financial future.
Average Adrian Tax Bill
$1,270
Average Malheur County Tax Bill
$1,742
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Adrian, Malheur County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97901 | $423 | $780 | $1,270 | $2,183 | $3,269 |
Source: Ownwell