Helix, Oregon Property Taxes
The median property tax rate in Helix, OR is 0.97%, slightly lower than the national median of 0.99% but higher than the Oregon state median of 0.86%. With the median home value in Helix at $248,600, the typical annual property tax bill reaches $3,014, surpassing the national median of $2,690. Property taxes in Helix 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 Helix'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 Helix 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
Helix, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$2,411
Ownwell’s Helix Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Helix with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Helix 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 Umatilla County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Helix, Oregon
Property taxes in Helix, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Helix is 0.97%, slightly lower than the U.S. national median of 0.99%. Local government entities within Helix set these rates annually, and they can vary significantly across different neighborhoods. Each year, Helix 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 Helix's effective property tax rate to other areas in Umatilla County and the national median. For comparison, the 97835 zip code has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these cities compare with Helix 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 Helix Tax Rate
0.97%
Average Umatilla County Tax Rate
1.10%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Helix, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97835 | 0.53% | 0.75% | 0.97% | 1.31% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Helix, Oregon
In Helix, 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 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 Helix, 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 Helix helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $248,600, with the median tax bill peaking at $3,014 in the 97835 zip code.
Average Helix Assessed Value
$248,600
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 Helix, Oregon
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97835 | $94,420 | $163,510 | $248,600 | $544,830 | $833,610 |
Source: Ownwell
Property Tax Bills Across Helix, Oregon
In Helix, Umatilla County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Helix, the median home price is $248,600. Property tax bills vary significantly within the area, with the 25th percentile at $1,762, the 75th percentile at $4,251, and the 90th percentile reaching $6,860. These tax rates can have a substantial impact on homeowners, affecting their overall financial planning and housing affordability. Compared to the national median property tax rate of 0.99%, Helix's property taxes are relatively moderate but can still represent a significant expense for many residents. The highest and lowest median tax bills in the area are both $3,014, indicating a consistent tax rate within the 97835 zip code. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their budgets more effectively.
Average Helix Tax Bill
$3,014
Average Umatilla County Tax Bill
$2,157
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Helix, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97835 | $966 | $1,762 | $3,014 | $4,251 | $6,860 |
Source: Ownwell