Bly, Klamath County, Oregon Property Taxes

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

Median Bly, OR effective property tax rate: 0.92%, slightly lower than the national median of 1.02%, but higher than the Oregon state median of 0.86%.
Median Bly, OR home value: $40,980
Median annual Bly, OR tax bill: $367, $2,033 lower than the national median property tax bill of $2,400.

How are property taxes in Klamath calculated?

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

Last Updated March 1, 2025

Bly, Klamath County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$377

$350

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

Property Tax Rates Across Bly, Klamath County, Oregon

Local government entities in Oregon determine property tax rates, which can differ significantly within the state. Each year, counties like Klamath estimate their budgetary needs for public services and divide this by the total value of all taxable properties in the area, resulting in the property tax rate. Although this process involves voting and legislative actions, the core of it remains consistent annually. In Bly, located in Klamath County, the effective property tax rate stands at 0.92%, which is slightly below the national median of 1.02%. This rate is consistent across Klamath County, making it one of the uniform areas in Oregon. When compared to other regions in the state and across the country, Bly's property tax rate offers a competitive edge, potentially lowering the financial burden on property owners. Understanding these rates helps residents make informed decisions about property investments and financial planning.

Property Tax Rates Across Bly, Klamath County, Oregon

Source: Ownwell

0.39%

0.66%

0.92%

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 Bly Tax Rate

0.92%

Median Effective Klamath County Tax Rate

0.72%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bly, Klamath County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97622	0.39%	0.66%	0.92%	1.31%	1.70%

Source: Ownwell

Property Tax Assessment Values Across Bly, Klamath County, Oregon

When examining property taxes in Bly, 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 Klamath 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 Klamath 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 Bly. For example, the median home price in Bly is $40,980, with tax bills ranging significantly across the county. Zip code 97622 has the highest median home price at $40,980.

Property Tax Assessment Values Across Bly, Klamath County, Oregon

Source: Ownwell

$40,980

$148,795

$256,610

Median Bly Market Value

$40,980

Median Klamath County Market Value

$184,440

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bly, Klamath County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97622	$9,560	$17,555	$40,980	$108,230	$239,360

Source: Ownwell

Property Tax Bills Across Bly, Klamath County, Oregon

In Bly, located in Klamath County, OR, property tax bills are calculated based on the assessed value of a home, which is typically lower than the market value. The median home price in Bly is $40,980, and the property tax bill can vary significantly within the area. For instance, homeowners at the 25th percentile pay around $182, while those at the 90th percentile face bills as high as $1,415. The median tax bill in the region is $367, which is considerably lower than the national median of $2,400. Factors influencing the tax bill include property size, location, and any applicable exemptions or abatements. High property taxes can place a financial burden on homeowners, making it essential to explore potential savings. Ownwell offers property tax appeal and exemption services, helping homeowners potentially reduce their tax burdens. By analyzing a property's assessed value and identifying discrepancies, Ownwell can assist in lowering tax bills, providing significant savings for homeowners in Bly.

Property Tax Bills Across Bly, Klamath County, Oregon

Source: Ownwell

$359

$980

$1,600

Median Bly Tax Bill

$367

Median Klamath County Tax Bill

$1,333

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Bly, Klamath County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97622	$106	$182	$367	$927	$1,415

Source: Ownwell