Wallowa County Property Taxes
The median property tax rate in Wallowa County is 0.48%, which is significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Wallowa County at $375,080, the typical annual property tax bill reaches $1,773, well below the national median of $2,690. Property taxes in Wallowa County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Wallowa County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Joseph or another part of Wallowa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wallowa County 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 Wallowa County Property Tax Bill Calculator assists homeowners, real estate investors, or potential buyers in estimating their annual property taxes in Wallowa County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Wallowa County to project your property tax bill. This tool is invaluable for understanding potential tax liabilities. To explore trends on a city level, scroll down to access more localized information. Your property’s assessed value is the figure assigned by the county for property tax purposes and takes into account any exemptions you might have.
Property Tax Rates Across Wallowa County, Oregon
Property taxes in Wallowa County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wallowa County is 0.48%, which is lower than the U.S. national median of 0.99%. Local government entities within Wallowa County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wallowa County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Enterprise has one of the higher property tax rates in Oregon at 0.58%, while the city of Joseph boasts one of the lowest at 0.44%. Analyzing how Wallowa County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wallowa County Tax Rate
0.48%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wallowa County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Enterprise | 0.25% | 0.38% | 0.58% | 0.73% | 0.84% |
| Imnaha | 0.19% | 0.26% | 0.36% | 0.52% | 0.85% |
| Joseph | 0.26% | 0.35% | 0.44% | 0.55% | 0.64% |
| Lostine | 0.26% | 0.35% | 0.44% | 0.53% | 0.66% |
| Wallowa | 0.26% | 0.35% | 0.49% | 0.62% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Wallowa County, Oregon
In Wallowa County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Wallowa County Appraisal District. The assessed value, however, 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. Assessment notices in Wallowa County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Enterprise has the highest median tax bill at $1,993, while Imnaha has the lowest at $1,050. Being aware of these valuation processes in Wallowa County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Wallowa County Assessed Value
$375,080
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wallowa County, Oregon
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Enterprise | $127,256 | $244,305 | $366,470 | $573,052 | $826,742 |
| Imnaha | $30,022 | $125,090 | $307,560 | $504,240 | $739,426 |
| Joseph | $163,822 | $298,490 | $444,710 | $662,910 | $951,544 |
| Lostine | $86,723 | $189,760 | $335,625 | $590,152 | $784,083 |
| Wallowa | $92,892 | $180,812 | $275,785 | $462,675 | $740,259 |
Source: Ownwell
Property Tax Bills Across Wallowa County, Oregon
In Wallowa County, OR, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor's office. This assessed value is a percentage of the property's market value. Various factors, including location, property size, and market trends, influence this assessed value. Homeowners in Wallowa County experience a range of property tax bills. For instance, the 25th percentile tax bill is approximately $1,099, while the 75th percentile tax bill reaches around $2,612. At the higher end, the 90th percentile tax bill can climb to $3,602. These figures illustrate the variability in tax obligations among homeowners. Comparatively, the national median property tax rate stands at 0.99%, highlighting how local rates and property values can significantly impact tax bills. In Wallowa County, the highest median tax bill is $1,993 in Enterprise, whereas the lowest median tax bill is $1,050 in Imnaha. Understanding these factors helps homeowners anticipate their property tax responsibilities and budget accordingly.
Average Wallowa County Tax Bill
$1,773
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Wallowa County, Oregon
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Enterprise | $653 | $1,289 | $1,993 | $2,789 | $3,760 |
| Imnaha | $188 | $439 | $1,050 | $1,660 | $2,257 |
| Joseph | $698 | $1,310 | $1,911 | $2,703 | $3,669 |
| Lostine | $351 | $798 | $1,461 | $2,320 | $3,444 |
| Wallowa | $406 | $804 | $1,403 | $2,036 | $2,991 |
Source: Ownwell