Milwaukie, Clackamas County, Oregon Property Taxes
Median Milwaukie, OR effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but higher than the Oregon state median of 0.86%.
Median Milwaukie, OR home value: $446,102
Median annual Milwaukie, OR tax bill: $4,234, $1,834 higher than the national median property tax bill of $2,400.
How are property taxes in Clackamas calculated?
Property taxes in Milwaukie, 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 Milwaukie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Milwaukie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Milwaukie, Clackamas County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$4,238
$3,933
Property Tax Rates Across Milwaukie, Clackamas County, Oregon
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed for services and divides it by the total value of taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the annual process works.
In Milwaukie, located in Clackamas County, the effective property tax rate is 0.95%, aligning with the highest and lowest median tax rates in the area. This rate is slightly below the national median property tax rate of 1.02%. Such comparisons allow property owners to understand how their rates measure up to both state and national standards. Understanding these differences can be crucial for property owners, especially when considering property tax appeals or exemptions. By staying informed about local tax rates, residents can make more informed decisions about their property investments and financial planning.
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 Milwaukie Tax Rate
0.95%
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 Milwaukie, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97222 | 0.80% | 0.85% | 0.95% | 1.03% | 1.16% |
| 97267 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Milwaukie, Clackamas County, Oregon
When examining property taxes in Milwaukie, 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 May. 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 Milwaukie. For example, the median home price in Milwaukie is $446,102, with tax bills ranging significantly across the county. Zip code 97222 has the highest median home price at $444,982.
Property Tax Assessment Values Across Milwaukie, Clackamas County, Oregon
Source: Ownwell
$333,702
$711,480
$1,089,258
Median Milwaukie Market Value
$446,102
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 Milwaukie, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97222 | $329,622 | $380,168 | $444,982 | $543,217 | $655,524 |
| 97267 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Milwaukie, Clackamas County, Oregon
In Milwaukie, located in Clackamas County, Oregon, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically lower than the market value, and it is influenced by factors such as property size, location, and improvements. Homeowners in Milwaukie face a median property tax bill of $4,216, which is significantly higher than the national median of $2,400. This places a financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers a solution by assisting homeowners in Milwaukie to potentially reduce their property tax bills. Through expert analysis and appeal services, Ownwell identifies properties that may be over-assessed and helps homeowners navigate the appeal process. By leveraging local market insights and tax code knowledge, Ownwell maximizes the chances of a successful appeal, potentially saving homeowners thousands of dollars in unnecessary tax payments.
Median Milwaukie Tax Bill
$4,234
Median Clackamas County Tax Bill
$5,006
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Milwaukie, Clackamas County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97222 | $2,736 | $3,321 | $4,216 | $5,239 | $6,284 |
| 97267 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell