Heppner, Oregon Property Taxes
The median property tax rate in Heppner, OR is 1.11%, notably higher than both the national median of 0.99% and the Oregon state median of 0.86%. With a median home value of $181,555 in Heppner, the typical annual property tax bill is $1,736, which is below the national median of $2,690. Property taxes in Heppner are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Heppner's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Heppner or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Heppner, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,015
$1,870
Ownwell’s Heppner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Heppner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Heppner 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 Heppner, Oregon
Property taxes in Heppner, Oregon, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Heppner is 1.11%, which is higher than the U.S. national median of 0.99%. Local government entities within Heppner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Heppner 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 Heppner's effective property tax rate to other counties in Oregon and the national median. For comparison, the zip code 97836 has the highest median property tax rate of 1.11%, while 97836 also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Heppner provides valuable insights into the varying tax landscape across Morrow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Heppner Tax Rate
1.11%
Average Morrow County Tax Rate
0.82%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Heppner, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97836 | 0.37% | 0.57% | 1.11% | 1.37% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Heppner, Oregon
In Heppner, 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 Morrow 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 Heppner, 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 Heppner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 97836, both at $1,736.
Average Heppner Assessed Value
$181,555
Average Morrow County Assessed Value
$224,380
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Heppner, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97836 | $60,962 | $109,825 | $181,555 | $308,895 | $527,919 |
Source: Ownwell
Property Tax Bills Across Heppner, Oregon
In Heppner, located in Morrow County, OR, property tax bills are calculated based on the assessed value of a home, which often differs from its market value. The median home price in Heppner is $181,555. Property taxes are determined by multiplying the assessed value by the local tax rate. Various factors influence the assessed value, including the property's size, location, and condition. For homeowners in Heppner, property tax bills can vary significantly. The 25th percentile tax bill is around $1,036, while the 75th percentile reaches $2,638, and the 90th percentile can be as high as $3,571. These figures show that property tax obligations can differ widely within the city, impacting homeowners' financial planning. The highest and lowest median tax bills in Heppner are both $1,736, indicating a consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Heppner's property taxes are relatively moderate, making it an appealing location for homeowners.
Average Heppner Tax Bill
$1,736
Average Morrow County Tax Bill
$1,844
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Heppner, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97836 | $436 | $1,036 | $1,736 | $2,638 | $3,571 |
Source: Ownwell