Nyssa, Oregon Property Taxes
The median property tax rate in Nyssa, Oregon 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 Nyssa at $187,600, the typical annual property tax bill amounts to $1,480, falling below the national median of $2,690. Property taxes in Nyssa are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Nyssa'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 Nyssa or another part of Malheur County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nyssa, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$1,538
Ownwell’s Nyssa Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nyssa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nyssa 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 Malheur County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Nyssa, Oregon
Property taxes in Nyssa, Oregon, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nyssa is 0.82%, which is lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Nyssa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nyssa 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 Nyssa's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97913 has the highest median property tax rate of 0.82%, while the same zip code also has the lowest median tax rate of 0.82%. Understanding how these cities compare with Nyssa 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 Nyssa Tax Rate
0.82%
Average Malheur County Tax Rate
0.85%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nyssa, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97913 | 0.35% | 0.55% | 0.82% | 0.99% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Nyssa, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Nyssa, Oregon. The market value represents 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 Nyssa, 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 Nyssa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Nyssa is $187,600, with annual tax bills ranging from $918 at the 25th percentile to $3,981 at the 90th percentile. The highest and lowest median tax bills both fall in the 97913 zip code, with a value of $1,480.
Average Nyssa Assessed Value
$187,600
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 Nyssa, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97913 | $68,848 | $110,330 | $187,600 | $393,710 | $797,268 |
Source: Ownwell
Property Tax Bills Across Nyssa, Oregon
In Nyssa, located in Malheur 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 then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Nyssa, the assessed value is often lower than the market value, providing some relief from higher tax burdens. The median home price in Nyssa is $187,600, and property tax bills vary significantly. For example, the 25th percentile tax bill is $918, while the 75th percentile reaches $2,428, and the 90th percentile can be as high as $3,981. These figures highlight the variability in tax bills based on property values and specific local tax rates. Comparatively, the national median property tax rate is 0.99%, which can provide a useful benchmark for understanding how Nyssa's property taxes measure up. For homeowners, these taxes fund essential local services, such as schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Nyssa Tax Bill
$1,480
Average Malheur County Tax Bill
$1,742
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Nyssa, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97913 | $550 | $918 | $1,480 | $2,428 | $3,981 |
Source: Ownwell