Aumsville, Oregon Property Taxes
The median property tax rate in Aumsville, OR is 0.69%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Aumsville at $360,290, the typical annual property tax bill reaches $2,453, which is below the national median of $2,690. Property taxes in Aumsville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Aumsville'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 Aumsville 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
Aumsville, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$2,486
$2,307
Ownwell’s Aumsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aumsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aumsville 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 Aumsville, Oregon
Property taxes in Aumsville, Oregon, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aumsville is 0.69%, which is lower than the U.S. national median of 0.99%. Local government entities within Aumsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aumsville 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 Aumsville's effective property tax rate to other areas and the national median. For comparison, the zip code 97325 has the highest median property tax rate of 0.69%, while the same zip code also has the lowest median tax rate of 0.69%. Understanding how these cities compare with Aumsville provides valuable insights into the varying tax landscape across Marion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aumsville Tax Rate
0.69%
Average Marion County Tax Rate
0.84%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aumsville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97325 | 0.44% | 0.56% | 0.69% | 0.80% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Aumsville, Oregon
In Aumsville, Oregon, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Marion County Assessor's Office 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 Aumsville, 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 Aumsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is in zip code 97325, amounting to $2,453.00.
Average Aumsville Assessed Value
$360,290
Average Marion County Assessed Value
$390,390
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aumsville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97325 | $80,420 | $259,195 | $360,290 | $510,718 | $668,490 |
Source: Ownwell
Property Tax Bills Across Aumsville, Oregon
In Aumsville, property tax bills are calculated based on the assessed value of a home, which is determined by Marion County officials. This assessed value is different from the market value and is typically lower. The property tax rate in Aumsville is then applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's size, location, and any improvements made. For homeowners in Aumsville, the median home price is $360,290. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,484 and the 90th percentile reaching up to $4,195. The highest median tax bill in the area is $2,453, found in the 97325 zip code. These taxes fund essential services like public schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Aumsville's property taxes provide a vital source of local revenue while influencing homeowners' financial planning.
Average Aumsville Tax Bill
$2,453
Average Marion County Tax Bill
$3,229
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Aumsville, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97325 | $696 | $1,484 | $2,453 | $3,571 | $4,195 |
Source: Ownwell