Cottage Grove, Lane County, Oregon Property Taxes
Median Cottage Grove, OR effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Cottage Grove, OR home value: $311,946
Median annual Cottage Grove, OR tax bill: $2,654, $254 higher than the national median property tax bill of $2,400.
How are property taxes in Lane calculated?
Property taxes in Cottage Grove, 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 Cottage Grove’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cottage Grove, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cottage Grove, Lane County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,433
$2,258
Property Tax Rates Across Cottage Grove, Lane County, Oregon
Local government entities determine tax rates, leading to significant variations within a state. Each county annually estimates its budgetary needs for public services and divides that by the total value of all taxable property in its area, resulting in the property tax rate. Though the process involves votes and legislation, this is the fundamental annual procedure.
In Cottage Grove, located in Lane County, the effective property tax rate stands at 0.78%. This rate is consistent across the county, reflecting a uniform approach to property taxation. Compared to the national median property tax rate of 1.02%, Cottage Grove offers a more favorable tax environment for property owners. The median property tax bill in the U.S. is $2,400, suggesting that Cottage Grove residents may enjoy lower property tax bills relative to many other parts of the country.
Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively. By comparing Cottage Grove’s tax rate to both state and national figures, property owners can better assess their financial responsibilities and explore potential savings through appeals or exemptions.
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 Cottage Grove Tax Rate
0.78%
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 Lane County Tax Rate
0.86%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cottage Grove, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97424 | 0.47% | 0.58% | 0.78% | 1.02% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Cottage Grove, Lane County, Oregon
When examining property taxes in Cottage Grove, 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 Lane 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 Lane 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 Cottage Grove. For example, the median home price in Cottage Grove is $311,946, with tax bills ranging significantly across the county. Zip code 97424 has the highest median home price at $311,946.
Property Tax Assessment Values Across Cottage Grove, Lane County, Oregon
Source: Ownwell
$173,337
$342,155
$510,972
Median Cottage Grove Market Value
$311,946
Median Lane County Market Value
$368,888
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cottage Grove, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97424 | $54,053 | $226,036 | $311,946 | $411,152 | $532,474 |
Source: Ownwell
Property Tax Bills Across Cottage Grove, Lane County, Oregon
In Cottage Grove, located in Lane County, OR, property tax bills are determined by multiplying the assessed value of the property by the local tax rate. The assessed value is typically a percentage of the market value, which is estimated by the county assessor. Several factors can influence this valuation, such as property size, location, and improvements. Homeowners in Cottage Grove face a median property tax bill of $2,654, which is slightly above the national median of $2,400. This can place a significant financial burden on homeowners, impacting their overall cost of living.
Ownwell provides a valuable service by helping homeowners navigate the property tax appeal process. By analyzing the assessed value and comparing it with similar properties, Ownwell identifies opportunities for savings. This expert guidance can lead to a reduction in property tax bills, offering financial relief and peace of mind. Homeowners in Cottage Grove can benefit from Ownwell's expertise, ensuring they are not overpaying on their property taxes.
Median Cottage Grove Tax Bill
$2,654
Median Lane County Tax Bill
$3,052
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Cottage Grove, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97424 | $500 | $1,644 | $2,654 | $3,482 | $4,316 |
Source: Ownwell