Pilot Rock, Oregon Property Taxes
The median property tax rate in Pilot Rock, OR is 1.11%, higher than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Pilot Rock, the typical annual property tax bill reaches $1,704, which is below the national median of $2,690. Property taxes in Pilot Rock 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 Pilot Rock'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 Pilot Rock or another part of Umatilla County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pilot Rock, 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 Pilot Rock Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pilot Rock with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pilot Rock 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 Pilot Rock, Oregon
Property taxes in Pilot Rock, Oregon, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pilot Rock is 1.11%, significantly higher than the U.S. national median of 0.99%. Local government entities within Pilot Rock set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pilot Rock 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 Pilot Rock's effective property tax rate to other areas in Umatilla County and the national median. For comparison, the zip code 97868 has both the highest and lowest median property tax rate of 1.11%. Understanding how these areas compare with Pilot Rock 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 Pilot Rock Tax Rate
1.11%
Average Umatilla County Tax Rate
1.10%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pilot Rock, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97868 | 0.56% | 0.88% | 1.11% | 1.31% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Pilot Rock, Oregon
In Pilot Rock, 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 Pilot Rock, 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 Pilot Rock helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 97868 has both the highest and lowest median tax bill at $1,704.
Average Pilot Rock Assessed Value
$149,920
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 Pilot Rock, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97868 | $73,863 | $111,835 | $149,920 | $227,632 | $437,036 |
Source: Ownwell
Property Tax Bills Across Pilot Rock, Oregon
In Pilot Rock, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value, reflecting its worth on the open market. The tax rate, applied to the assessed value, is set by local government authorities and can vary depending on budget needs and voter-approved levies. Several factors influence the assessed value, including the property's location, size, and any improvements or renovations. For instance, a median home price in Pilot Rock is around $149,920, and the property tax bills can range significantly. Homeowners in the 25th percentile pay approximately $1,212, while those in the 75th percentile might pay about $2,468. The top 10% of homeowners could see tax bills as high as $3,492. These property taxes fund essential community services such as schools, public safety, and infrastructure. Understanding how these elements impact your tax bill can help homeowners better anticipate annual expenses and plan accordingly.
Average Pilot Rock Tax Bill
$1,704
Average Umatilla County Tax Bill
$2,157
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Pilot Rock, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97868 | $690 | $1,212 | $1,704 | $2,468 | $3,492 |
Source: Ownwell