Damascus, Clackamas County, Oregon Property Taxes

Name: Property Tax Bills Across Damascus, Clackamas County, Oregon
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Damascus, OR effective property tax rate: 0.87%, slightly lower than the national median of 1.02%, but higher than the Oregon state median of 0.86%.
Median Damascus, OR home value: $618,452
Median annual Damascus, OR tax bill: $5,572, $3,172 higher than the national median property tax bill of $2,400.

How are property taxes in Clackamas calculated?

Property taxes in Damascus, 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 Damascus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Damascus, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Damascus, Clackamas County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$5,381

$4,993

Ownwell’s Damascus Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Damascus with just two data points. By entering your property's estimated assessed value, our calculator applies Damascus’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clackamas County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Damascus, Clackamas County, Oregon

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Damascus’s effective property tax rate to other cities in Oregon and the median property tax rates in Oregon and the U.S.

Property Tax Rates Across Damascus, Clackamas County, Oregon

Source: Ownwell

0.46%

0.86%

1.27%

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 Damascus Tax Rate

0.87%

Median Effective Clackamas County Tax Rate

0.92%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Damascus, Clackamas County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97089	0.68%	0.79%	0.87%	1.03%	1.11%

Source: Ownwell

Property Tax Assessment Values Across Damascus, Clackamas County, Oregon

When examining property taxes in Damascus, 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 Clackamas County Assessor's Office 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 Clackamas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Damascus. For example, the median home price in Damascus is $618,452, with tax bills ranging significantly across the county. Zip code 97089 has the highest median home price at $618,452.

Property Tax Assessment Values Across Damascus, Clackamas County, Oregon

Source: Ownwell

$333,702

$711,480

$1,089,258

Median Damascus Market Value

$618,452

Median Clackamas County Market Value

$564,773

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Damascus, Clackamas County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97089	$365,126	$509,250	$618,452	$789,132	$1,065,716

Source: Ownwell

Property Tax Bills Across Damascus, Clackamas County, Oregon

In Damascus, located in Clackamas County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is influenced by factors such as the market value of similar properties and any improvements made to the home. The median home price in Damascus is $618,452, resulting in a significant tax bill for homeowners. The property tax bill can range widely, with the 25th percentile at $4,537 and the 75th percentile at $7,031, reflecting the variability in assessed values and tax rates. Homeowners in the 90th percentile can see bills as high as $8,866, which is considerably above the national median property tax bill of $2,400. Ownwell offers valuable services to help homeowners reduce their property tax bills through appeals and exemptions. By analyzing local property assessments and market trends, Ownwell can identify discrepancies in assessments and work to ensure homeowners are not overpaying, potentially saving them thousands annually.

Property Tax Bills Across Damascus, Clackamas County, Oregon

Source: Ownwell

$1,842

$6,949

$12,055

Median Damascus Tax Bill

$5,572

Median Clackamas County Tax Bill

$5,006

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Damascus, Clackamas County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97089	$3,487	$4,537	$5,572	$7,031	$8,866

Source: Ownwell