North Plains, Oregon Property Taxes
The median property tax rate in North Plains, OR is 0.77%, which is lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in North Plains, the typical annual property tax bill reaches $4,101, significantly higher than the national median of $2,690. Property taxes in North Plains 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 North Plains' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of North Plains 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
North Plains, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$4,023
Ownwell’s North Plains Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Plains with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Plains 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 North Plains, Oregon
Property taxes in North Plains, Oregon, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in North Plains is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within North Plains set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Plains 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 North Plains' effective property tax rate to other areas in Washington County and the national median. For comparison, the 97133 zip code has both the highest and lowest median property tax rate of 0.77%. Understanding how these cities compare with North Plains provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North Plains Tax Rate
0.77%
Average Washington County Tax Rate
0.93%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Plains, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97133 | 0.61% | 0.70% | 0.77% | 0.82% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across North Plains, Oregon
In North Plains, 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 Washington County Appraisal District 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 North Plains, 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 North Plains helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in North Plains is $522,510, with the median tax bill ranging from $2,931 at the 25th percentile to $5,630 at the 90th percentile. The zip code with the highest and lowest median tax bill is 97133, both at $4,101.
Average North Plains Assessed Value
$522,510
Average Washington County Assessed Value
$529,930
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across North Plains, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97133 | $282,540 | $392,240 | $522,510 | $608,660 | $722,000 |
Source: Ownwell
Property Tax Bills Across North Plains, Oregon
In North Plains, Oregon, property tax bills are calculated based on the assessed value of the home, which is determined by the Washington County assessor. The assessed value is often lower than the market value and is adjusted annually. Homeowners in North Plains see a median property tax rate of 0.99%, aligning with the national median. For a median home price of $522,510, this results in an approximate annual tax bill of $5,173. Several factors influence the final tax bill, including local levy rates, special assessments, and any applicable exemptions or deductions. The tax bill can vary significantly within the city; for example, the tax bill at the 25th percentile is about $2,931, while at the 75th percentile, it rises to $4,814, and at the 90th percentile, it reaches $5,630. This variability can impact homeowners' financial planning and budgeting, making it crucial to understand these factors when purchasing property in North Plains.
Average North Plains Tax Bill
$4,101
Average Washington County Tax Bill
$4,896
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across North Plains, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97133 | $2,037 | $2,931 | $4,101 | $4,814 | $5,630 |
Source: Ownwell