Central Point, Jackson County, Oregon Property Taxes
Median Central Point, OR effective property tax rate: 0.97%, slightly lower than the national median of 1.02%, but higher than the Oregon state median of 0.86%.
Median Central Point, OR home value: $297,890
Median annual Central Point, OR tax bill: $3,007, $607 higher than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Central Point, 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 Central Point’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Central Point, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Central Point, Jackson County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$2,890
$2,681
Property Tax Rates Across Central Point, Jackson County, Oregon
Local government entities set tax rates, which can vary significantly 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, this is the annual process in a nutshell.
In Central Point, located in Jackson County, Oregon, the effective property tax rate is 0.97%. This rate aligns with the highest and lowest median tax rates within the ZIP code 97502, reflecting a consistent assessment across the area. When compared to the median property tax rate in Oregon, Central Point's rate is on par, providing residents with a tax rate slightly below the national median of 1.02%. This offers a competitive edge for homeowners in Central Point, as they benefit from lower property tax bills compared to the national median of $2400. This favorable tax environment can be an attractive factor for prospective property buyers looking for affordability in property taxes while enjoying the amenities and services provided by the local government.
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 Central Point Tax Rate
0.97%
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 Jackson County Tax Rate
0.87%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Central Point, Jackson County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97502 | 0.56% | 0.83% | 0.97% | 1.09% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Central Point, Jackson County, Oregon
When examining property taxes in Central Point, 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 Jackson County Assessor 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 Jackson 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 Central Point. For example, the median home price in Central Point is $297,890, with tax bills ranging significantly across the county. The 97502 zip code has the highest median home price at $297,890.
Property Tax Assessment Values Across Central Point, Jackson County, Oregon
Source: Ownwell
$102,370
$303,140
$503,910
Median Central Point Market Value
$297,890
Median Jackson County Market Value
$322,910
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Central Point, Jackson County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97502 | $97,066 | $203,468 | $297,890 | $397,418 | $497,801 |
Source: Ownwell
Property Tax Bills Across Central Point, Jackson County, Oregon
In Central Point, OR, located in Jackson County, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value takes into account factors such as the property's size, location, and market conditions. Homeowners in Central Point face a median tax bill that can vary significantly, with the 25th percentile at $2,230 and the 75th percentile at $3,819. This is slightly above the national median property tax bill of $2,400, indicating a higher tax burden for some residents. The highest median tax bill in the area is $3,007, which is also the lowest, reflecting a consistent rate across the zip code 97502.
Homeowners concerned about their property tax bills can benefit from Ownwell's services. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burden. This can lead to significant savings, offering relief to those who find their property tax bills to be a financial strain.
Median Central Point Tax Bill
$3,007
Median Jackson County Tax Bill
$2,797
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Central Point, Jackson County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97502 | $910 | $2,230 | $3,007 | $3,819 | $4,734 |
Source: Ownwell