Creswell, Lane County, Oregon Property Taxes

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

Median Creswell, OR effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Creswell, OR home value: $366,558
Median annual Creswell, OR tax bill: $2,493, $93 higher than the national median property tax bill of $2,400.

How are property taxes in Lane County calculated?

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

Last Updated March 1, 2025

Creswell, Lane County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$2,456

$2,279

Ownwell’s Creswell Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Creswell with just two data points. By entering your property's estimated assessed value, our calculator applies Creswell’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Lane 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 Lane County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Creswell, Lane County, Oregon

Local government entities set tax rates, and these can vary widely within a state. Each county, including Lane County, estimates its required budget annually to provide services. This budget is then divided by the total value of all taxable property within the jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the process in a nutshell.

In Creswell, located in Lane County, Oregon, the effective property tax rate is 0.67%. This rate is notably lower than the national median property tax rate of 1.02%. With such a rate, Creswell stands out for its affordability in property taxes compared to other regions across the United States. The median property tax bill here is also likely to be lower than the national median of $2,400, providing a financial advantage to property owners in Creswell. This affordability can make Creswell an attractive location for both current residents and potential property buyers.

Property Tax Rates Across Creswell, Lane County, Oregon

Source: Ownwell

0.47%

0.77%

1.06%

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 Creswell Tax Rate

0.67%

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 Creswell, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97426	0.45%	0.56%	0.67%	0.77%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Creswell, Lane County, Oregon

When examining property taxes in Creswell, 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 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 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 Creswell. For example, the median home price in Creswell is $366,558, with tax bills ranging significantly across the county. Zip code 97426 has the highest median home price at $366,558.

Property Tax Assessment Values Across Creswell, Lane County, Oregon

Source: Ownwell

$173,337

$342,155

$510,972

Median Creswell Market Value

$366,558

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 Creswell, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97426	$43,970	$204,853	$366,558	$468,556	$595,391

Source: Ownwell

Property Tax Bills Across Creswell, Lane County, Oregon

In Creswell, located in Lane County, OR, property tax bills are calculated based on the assessed value of a home, which is distinct from its market value. This assessed value is determined by the county assessor and is used to calculate the property tax bill. The tax rate is applied to this assessed value, resulting in the tax bill homeowners receive. Creswell's property tax bills can vary significantly, ranging from the 25th percentile at $1,364 to the 90th percentile at $4,330, reflecting differences in property values and tax rates within the area. The highest and lowest median tax bills in Creswell are both $2,493, which is slightly above the national median property tax bill of $2,400. Homeowners in Creswell may find their property tax burdens to be higher than the national average. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, potentially reducing their tax bills and ensuring they are not overpaying. This can lead to significant savings and alleviate financial stress for homeowners.

Property Tax Bills Across Creswell, Lane County, Oregon

Source: Ownwell

$1,042

$3,358

$5,674

Median Creswell Tax Bill

$2,493

Median Lane County Tax Bill

$3,052

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Creswell, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97426	$430	$1,364	$2,493	$3,276	$4,330

Source: Ownwell