Yamhill, Yamhill County, Oregon Property Taxes
Median Yamhill, OR effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Yamhill, OR home value: $404,648
Median annual Yamhill, OR tax bill: $2,267, $133 lower than the national median property tax bill of $2,400.
How are property taxes in Yamhill calculated?
Property taxes in Yamhill, OR are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Yamhill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Yamhill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Yamhill, Yamhill County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$2,468
$2,291
Property Tax Rates Across Yamhill, Yamhill County, Oregon
Local government entities are responsible for setting tax rates, which can vary considerably within a state. The process typically involves each county estimating the budget needed to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation yields the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially how the annual process works.
In Yamhill, Oregon, the effective property tax rate is 0.61%, which is lower than the national median property tax rate of 1.02%. This means that property owners in Yamhill generally pay less in property taxes compared to many other parts of the country. The median property tax bill in Yamhill is also likely lower than the national median of $2,400, making it an attractive location for homeowners looking to save on property taxes. By comparing Yamhill’s effective property tax rate to other cities in Oregon and the national average, homeowners can better understand their tax obligations and potential savings.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Yamhill Tax Rate
0.61%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Yamhill County Tax Rate
0.74%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Yamhill, Yamhill County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97148 | 0.28% | 0.44% | 0.61% | 0.70% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Yamhill, Yamhill County, Oregon
When examining property taxes in Yamhill, Oregon, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Yamhill County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Yamhill County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Yamhill. For example, the median home price in Yamhill is $404,648, with tax bills ranging significantly across the county. Zip code 97148 has the highest median home price at $404,648.
Property Tax Assessment Values Across Yamhill, Yamhill County, Oregon
Source: Ownwell
$211,137
$705,506
$1,199,875
Median Yamhill Market Value
$404,648
Median Yamhill County Market Value
$432,001
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Yamhill, Yamhill County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97148 | $78,745 | $236,847 | $404,648 | $579,827 | $719,106 |
Source: Ownwell
Property Tax Bills Across Yamhill, Yamhill County, Oregon
In Yamhill, Oregon, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Yamhill is $404,648, and property tax bills can vary significantly. For example, the 25th percentile tax bill is $975, while the 75th percentile is $3,584, and the 90th percentile reaches $4,447. The highest and lowest median tax bill is $2,267 in the area with the zip code 97148. These numbers highlight the variability in property tax bills, which can pose a financial burden on homeowners.
Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners navigate the complexities of their tax assessments. By leveraging expertise and local knowledge, Ownwell can potentially reduce the assessed value of a property, resulting in lower tax bills. This service not only provides financial relief but also ensures homeowners are not overpaying on their property taxes.
Median Yamhill Tax Bill
$2,267
Median Yamhill County Tax Bill
$3,196
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Yamhill, Yamhill County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97148 | $273 | $975 | $2,267 | $3,584 | $4,447 |
Source: Ownwell