Imbler, Oregon Property Taxes
The median property tax rate in Imbler, OR is 0.73%, notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Imbler at $248,960, the typical annual property tax bill amounts to $1,876, which is significantly below the national median of $2,690. Property taxes in Imbler are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Imbler's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Imbler or another part of Union County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Imbler, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,817
$1,687
Ownwell’s Imbler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Imbler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Imbler 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 Imbler, Oregon
Property taxes in Imbler, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Imbler is 0.73%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Imbler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Imbler 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 Imbler's effective property tax rate to other areas in Union County and the national median. For comparison, the zip code 97841 has both the highest and lowest median property tax rate in the county at 0.73%. Understanding how these areas compare with Imbler provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Imbler Tax Rate
0.73%
Average Union County Tax Rate
0.94%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Imbler, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97841 | 0.57% | 0.65% | 0.73% | 0.80% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Imbler, Oregon
In Imbler, 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 Union 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 Imbler, 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 Imbler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Imbler are both $1,876, associated with the zip code 97841.
Average Imbler Assessed Value
$248,960
Average Union County Assessed Value
$216,270
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Imbler, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97841 | $149,362 | $190,730 | $248,960 | $329,790 | $474,636 |
Source: Ownwell
Property Tax Bills Across Imbler, Oregon
In Imbler, Union County, OR, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by county assessors and can vary significantly from the market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $248,960, the tax bill can range widely depending on specific assessments and exemptions. Homeowners in Imbler can expect tax bills to vary. The 25th percentile tax bill is around $1,330, indicating that a quarter of homeowners pay this amount or less. On the higher end, the 90th percentile tax bill is about $3,343, showing that the top 10% of homeowners pay this much or more. The median tax bill in the area is $1,876, which aligns with the highest and lowest median tax bills recorded in the 97841 zip code. These property taxes directly impact homeowners by influencing their annual expenses and potentially affecting property values over time. Understanding these factors helps homeowners plan their finances more effectively.
Average Imbler Tax Bill
$1,876
Average Union County Tax Bill
$1,979
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Imbler, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97841 | $903 | $1,330 | $1,876 | $2,482 | $3,343 |
Source: Ownwell