Klamath Falls, Klamath County, Oregon Property Taxes
Property Taxes in Klamath Falls, Oregon
Median Klamath Falls, Oregon effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, and lower than the Oregon state median of 0.87%.
Median Klamath Falls, Oregon home value: $258,750
Median annual Klamath Falls, Oregon tax bill: $1,658, $742 lower than the national median property tax bill of $2,400.
How are property taxes in Klamath County calculated?
Property taxes in Klamath Falls, Oregon 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 Klamath Falls' property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Klamath Falls, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Klamath Falls, Klamath County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$1,708
$1,585
How Does the Klamath Falls Property Tax Calculator Work?
Use this Klamath Falls property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Klamath Falls' median effective tax rate of 0.66% — based on actual property records in Klamath County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Klamath Falls' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Klamath Falls: rates range from $1,624.00 in 97601 to $1,688.00 in 97603, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Klamath Falls.
About Klamath Falls Property Taxes
About Property Taxes in Klamath Falls, Klamath, Oregon
Klamath Falls's median effective property tax rate of 0.66% is lower than the Oregon state median of 0.87% and lower than the national median of 1.02%. This rate reflects the Klamath County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Klamath Falls. Homeowners in the 97603 ZIP code carry a median effective rate of 0.69%, while those in 97601 pay 0.64%. This spread — 0.05 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Klamath County. Understanding which part of Klamath Falls you live in can make a meaningful difference to your annual tax bill.
Klamath Falls homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before December 31, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Klamath Falls, Klamath County, Oregon
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county 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, in a nutshell, this is the annual process.
Below, you can compare Klamath Falls's effective property tax rate to other cities in Oregon and the median property tax rates in Oregon and the U.S.
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 Klamath Falls Tax Rate
0.66%
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 Klamath County Tax Rate
0.63%
Median Effective Oregon Tax Rate
0.87%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Klamath Falls, Klamath County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97601 | 0.43% | 0.54% | 0.69% | 0.88% | 1.07% |
| 97603 | 0.45% | 0.54% | 0.64% | 0.80% | 1.00% |
| 97622 | N/A | N/A | N/A | N/A | N/A |
| 97624 | N/A | N/A | N/A | N/A | N/A |
| 97627 | N/A | N/A | N/A | N/A | N/A |
| 97733 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Klamath Falls, Klamath County, Oregon
When examining property taxes in Klamath Falls, 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 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 Klamath County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of October.
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 Klamath Falls.
For example, the median home price in Klamath Falls is $258,750, with tax bills ranging significantly across the county. 97603 has the highest median home price at $265,470.
Property Tax Assessment Values Across Klamath Falls, Klamath County, Oregon
Source: Ownwell
$63,920
$204,850
$345,780
Median Klamath Falls Market Value
$258,750
Median Klamath County Market Value
$229,440
Median Oregon Market Value
$450,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Klamath Falls, Klamath County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97601 | $72,909 | $134,778 | $247,705 | $422,870 | $605,602 |
| 97603 | $51,020 | $150,170 | $265,470 | $374,220 | $501,488 |
| 97622 | N/A | N/A | N/A | N/A | N/A |
| 97624 | N/A | N/A | N/A | N/A | N/A |
| 97627 | N/A | N/A | N/A | N/A | N/A |
| 97733 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Klamath Falls, Klamath County, Oregon
Property tax bills in Klamath Falls are based on the assessed value of a home and the local tax rate applied to that value. When a property’s market value changes, the assessed amount can change too, which affects the final bill homeowners receive each year. Local taxing authorities use this valuation to fund public services, so the amount owed can vary by neighborhood and by property characteristics.
For a home with a median price of $258,750, the tax bill can differ widely across the city. The 25th percentile tax bill is $981, while the 75th percentile is $2,639 and the 90th percentile reaches $3,742. Median tax bills also vary by ZIP code, with $1,624 in 97601 and $1,688 in 97603. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, homeowners in Klamath Falls may see bills that are lower or higher depending on location and assessed value.
Median Klamath Falls Tax Bill
$1,658
Median Klamath County Tax Bill
$1,425
Median Oregon Tax Bill
$3,806
Median United States Tax Bill
$2,400
Property Tax Bills Across Klamath Falls, Klamath County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97601 | $517 | $962 | $1,624 | $2,759 | $4,287 |
| 97603 | $303 | $1,034 | $1,688 | $2,577 | $3,442 |
| 97622 | N/A | N/A | N/A | N/A | N/A |
| 97624 | N/A | N/A | N/A | N/A | N/A |
| 97627 | N/A | N/A | N/A | N/A | N/A |
| 97733 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 31 |
Links | |
|---|---|
| Klamath Tax Assessor | |
| Website | www.paydici.com |