Oregon (OR) property tax rate: 0.91% | Median home: $475,000 | Median annual tax: $4,323
Oregon is a Pacific Northwest state with no sales tax. The average effective property tax rate in Oregon is 0.91%, which is near the national average of 1.1%.
On the median Oregon home valued at $475,000, annual property taxes come to approximately $4,323 or $360/month. This is a significant part of your total housing cost and should be factored into any home purchase budget.
Pro tip: Oregon limits assessed value growth to 3% per year — a major protection for homeowners.
Combined with Oregon's state income tax rate of 9.9%, homeowners should consider the total tax picture. Property taxes in Oregon are manageable and in line with regional averages.
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Oregon has an average effective property tax rate of 0.91%. On the median home value of $475,000, that equals approximately $4,323 per year or $360 per month.
Property taxes in Oregon are calculated by multiplying your home assessed value by the local tax rate. The assessed value may differ from market value depending on your county assessment ratio. Exemptions like homestead exemptions can reduce your taxable value.
Oregon limits assessed value growth to 3% per year — a major protection for homeowners.
Oregon property taxes are near the national average of 1.1%. This means property tax costs are predictable and in line with most states.
Property tax due dates vary by county in Oregon. Most counties offer semi-annual payments. Check with your county tax assessor office for specific due dates. Late payments typically incur penalties of 1-2% per month.