Portland, Columbia County, Oregon Property Taxes

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

Median Portland, OR effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Portland, OR home value: $1,500,820
Median annual Portland, OR tax bill: $4,014, $1,614 higher than the national median property tax bill of $2,400.

How are property taxes in Columbia calculated?

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

Last Updated March 1, 2025

Portland, Columbia County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$6,153

$5,710

Ownwell’s Portland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Portland with just two data points. By entering your property's estimated assessed value, our calculator applies Portland’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 Columbia County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Portland, Columbia County, Oregon

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. In Portland, located in Columbia County, the effective property tax rate is notably lower compared to other regions. The median tax rate here stands at 0.41%, which is significantly below the national median property tax rate of 1.02%. This lower rate can result in substantial savings for property owners in the area. Comparing Portland's rate to the state's median offers a unique perspective on how property taxes can vary even within a single state. For residents and potential homeowners in Portland, understanding these rates is crucial for making informed financial decisions. The lower tax rate in Portland may also be an attractive factor for those considering relocation or investment in the area, offering a more affordable alternative to other regions with higher property tax obligations.

Property Tax Rates Across Portland, Columbia County, Oregon

Source: Ownwell

0.41%

0.63%

0.84%

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 Portland Tax Rate

0.41%

Median Effective Columbia County Tax Rate

0.75%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Portland, Columbia County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97231	0.19%	0.31%	0.41%	0.50%	0.75%

Source: Ownwell

Property Tax Assessment Values Across Portland, Columbia County, Oregon

When examining property taxes in Portland, 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 Columbia 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. Assessment notices: In Columbia 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 Portland. For example, the median home price in Portland is $1,500,820, with tax bills ranging significantly across the county. Zip code 97231 has the highest median home price at $1,500,820.

Property Tax Assessment Values Across Portland, Columbia County, Oregon

Source: Ownwell

$382,860

$941,840

$1,500,820

Median Portland Market Value

$1,500,820

Median Columbia County Market Value

$443,380

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Portland, Columbia County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97231	$468,820	$720,100	$1,500,820	$1,700,218	$2,087,440

Source: Ownwell

Property Tax Bills Across Portland, Columbia County, Oregon

In Portland, located in Columbia County, OR, property tax bills are calculated based on the assessed value of a home. This value is determined by the local assessor and is typically lower than the market value. The property tax rate in this area can lead to significant annual bills, with the median property tax bill reaching $4,014. This is notably higher than the national median property tax bill of $2,400. Tax bills can vary, with 25th percentile bills around $3,015 and 90th percentile bills reaching $7,590. Homeowners in Portland face these substantial costs, which can impact their financial planning and overall homeownership affordability. However, there are opportunities to reduce these burdens. Ownwell offers property tax appeal services that can help homeowners achieve a fair assessment and potentially lower their tax bills. By leveraging professional expertise, homeowners can navigate the complexities of the property tax system, ensuring they are not overpaying and maximizing their savings.

Property Tax Bills Across Portland, Columbia County, Oregon

Source: Ownwell

$2,701

$3,597

$4,493

Median Portland Tax Bill

$4,014

Median Columbia County Tax Bill

$3,263

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Portland, Columbia County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97231	$2,259	$3,015	$4,014	$6,557	$7,590

Source: Ownwell