Gresham, Clackamas County, Oregon Property Taxes
Median Gresham, OR effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Gresham, OR home value: $502,682
Median annual Gresham, OR tax bill: $3,620, $1,220 higher than the national median property tax bill of $2,400.
How are property taxes in Clackamas calculated?
Property taxes in Gresham, 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 Gresham’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gresham, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gresham, Clackamas County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$4,072
$3,778
Property Tax Rates Across Gresham, Clackamas County, Oregon
Local government entities have the authority to set property tax rates, which can vary significantly even within the same state. This variation is primarily because each county annually determines its required budget to provide essential services and then divides this budget by the total value of all taxable property within its jurisdiction. This calculation results in the specific property tax rate for that area. While the process involves votes and laws to set these rates and budgets, this is the fundamental method used each year.
In Gresham, located in Clackamas County, the effective property tax rate is 0.81%, which is below the national median property tax rate of 1.02%. This suggests that property owners in Gresham may experience a relatively lower property tax burden compared to other regions in the U.S. It's important for property owners to understand how these rates are set and how they compare to both state and national medians to effectively manage their property tax obligations.
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 Gresham Tax Rate
0.81%
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 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 Gresham, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97080 | 0.58% | 0.73% | 0.81% | 0.86% | 0.91% |
| 97030 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Gresham, Clackamas County, Oregon
When examining property taxes in Gresham, 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 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 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 Gresham. For example, the median home price in Gresham is $502,682, with tax bills ranging significantly across the county. Zip code 97080 has the highest median home price at $531,669.
Property Tax Assessment Values Across Gresham, Clackamas County, Oregon
Source: Ownwell
$333,702
$711,480
$1,089,258
Median Gresham Market Value
$502,682
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 Gresham, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97080 | $290,162 | $356,610 | $531,669 | $654,114 | $767,595 |
| 97030 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Gresham, Clackamas County, Oregon
In Gresham, Clackamas County, OR, property tax bills are calculated based on the assessed value of a home, which is typically lower than the market value. The assessed value is determined by the local tax assessor and takes into account factors such as property size, location, and improvements. Homeowners in Gresham face a median property tax bill of $4,028, significantly higher than the national median of $2,400. This considerable tax burden can impact homeowners' finances, especially when the tax bill reaches the 90th percentile of $5,773.
Ownwell offers a solution to alleviate this financial strain by providing expert property tax appeal services. By analyzing the assessed value of your home and identifying discrepancies or overvaluations, Ownwell can help you challenge your tax bill, potentially leading to significant savings. Our team of experienced consultants is dedicated to ensuring that you pay only your fair share, helping to reduce the financial burden on homeowners in Gresham.
Median Gresham Tax Bill
$3,620
Median Clackamas County Tax Bill
$5,006
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Gresham, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97080 | $2,639 | $3,305 | $4,028 | $5,397 | $6,170 |
| 97030 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell