Cayuse, Oregon Property Taxes
The median property tax rate in Cayuse, OR is 0.49%, considerably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Cayuse, the typical annual property tax bill reaches $390, significantly less than the national median of $2,690. Property taxes in Cayuse 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 Cayuse'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 Cayuse 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
Cayuse, Oregon Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,720
Ownwell’s Cayuse Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cayuse with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cayuse 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 Cayuse, Oregon
Property taxes in Cayuse, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cayuse is 0.49%, which is lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Cayuse set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cayuse 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 Cayuse's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97801 zip code has the highest median property tax rate of 0.49%, while the 97801 zip code also has the lowest median tax rate of 0.49%. Understanding how these cities compare with Cayuse provides valuable insights into the varying tax landscape across Umatilla County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cayuse Tax Rate
0.49%
Average Umatilla County Tax Rate
1.10%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cayuse, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | 0.20% | 0.31% | 0.49% | 0.55% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Cayuse, Oregon
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Cayuse, 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 Umatilla 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 Cayuse, 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. The median home price in Cayuse is $207,030, with tax bills varying significantly. For instance, the 25th percentile tax bill is $320, while the 75th percentile tax bill is $1,316, and the 90th percentile tax bill reaches $1,871. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cayuse Assessed Value
$207,030
Average Umatilla County Assessed Value
$206,880
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cayuse, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | $57,108 | $78,960 | $207,030 | $361,540 | $364,126 |
Source: Ownwell
Property Tax Bills Across Cayuse, Oregon
In Cayuse, located in Umatilla County, OR, property tax bills are determined by assessing the value of a property and applying the local tax rate. The median home price in Cayuse is $207,030, and the property tax rate in this region is influenced by various factors, including the assessed value of the property and local government budgets. Homeowners in Cayuse can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $320, while at the 75th percentile, it can reach up to $1,316. At the 90th percentile, the tax bill can be as high as $1,871. These figures highlight the range of property taxes that homeowners might encounter. With the national median property tax rate at 0.99%, Cayuse's property tax rates are relatively moderate, making it an appealing location for homeowners looking for manageable property tax bills. This variability in tax bills can significantly impact homeowners' annual expenses, influencing their financial planning and housing affordability.
Average Cayuse Tax Bill
$390
Average Umatilla County Tax Bill
$2,157
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Cayuse, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | $278 | $320 | $390 | $1,316 | $1,871 |
Source: Ownwell