Saint Paul, Oregon Property Taxes
The median property tax rate in Saint Paul, OR is 0.73%, which is notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Saint Paul at $439,530, the typical annual property tax bill reaches $3,009, surpassing the national median of $2,690. Property taxes in Saint Paul are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Paul'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 Saint Paul 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
Saint Paul, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$3,209
Ownwell’s Saint Paul Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Paul with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Paul 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 Saint Paul, Oregon
Property taxes in Saint Paul, Oregon, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Paul is 0.73%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint Paul set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Paul 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 Saint Paul's effective property tax rate to other areas in Marion County and the national median. For comparison, the zip code 97137 has both the highest and lowest median property tax rate of 0.73%. Understanding how these areas compare with Saint Paul 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 Saint Paul Tax Rate
0.73%
Average Marion County Tax Rate
0.84%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Paul, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97137 | 0.48% | 0.61% | 0.73% | 0.80% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Saint Paul, Oregon
In Saint Paul, 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 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 Saint Paul, 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 Saint Paul helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 97137, with a tax bill of $3009.00, whereas the zip code with the lowest median tax bill is also 97137, with the same value of $3009.00.
Average Saint Paul Assessed Value
$439,530
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 Saint Paul, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97137 | $55,178 | $264,790 | $439,530 | $652,980 | $1,020,866 |
Source: Ownwell
Property Tax Bills Across Saint Paul, Oregon
In Saint Paul, Marion County, OR, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and is typically a percentage of the market value. Factors such as property size, location, and improvements are considered in this assessment. Once the assessed value is established, the local tax rate is applied to determine the annual tax bill. For homeowners in Saint Paul, the median home price is $439,530. Tax bills can vary significantly, with the 25th percentile at $1,718 and the 75th percentile reaching $4,509. At the higher end, the 90th percentile tax bill is $6,268. The highest and lowest median tax bills in the area are both $3,009, located in the 97137 zip code. These property tax bills can have a substantial impact on homeowners, affecting affordability and long-term financial planning. Compared to the national median property tax rate of 0.99%, the tax landscape in Saint Paul can present both challenges and opportunities for residents.
Average Saint Paul Tax Bill
$3,009
Average Marion County Tax Bill
$3,229
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Paul, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97137 | $655 | $1,718 | $3,009 | $4,509 | $6,268 |
Source: Ownwell