Junction City, Lane County, Oregon Property Taxes
Median Junction City, OR effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Junction City, OR home value: $343,960
Median annual Junction City, OR tax bill: $2,514, $114 higher than the national median property tax bill of $2,400.
How are property taxes in Lane calculated?
Property taxes in Junction City, 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 Junction City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Junction City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Junction City, Lane County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$2,442
$2,266
Property Tax Rates Across Junction City, Lane County, Oregon
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 Junction City’s effective property tax rate to other cities in Oregon and the median property tax rates in Oregon and the U.S. Junction City, located in Lane County, has a property tax rate that aligns with the county's median, reflecting a stable tax environment. Compared to the national median property tax rate of 1.02%, Junction City offers a more favorable tax rate, potentially providing residents with significant savings. This can be an attractive factor for prospective homeowners considering a move to this region. Understanding these differences in property tax rates can help homeowners make informed decisions about where to settle and how to manage their property tax liabilities effectively.
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 Junction City Tax Rate
0.71%
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 Junction City, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97448 | 0.45% | 0.56% | 0.71% | 0.88% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Junction City, Lane County, Oregon
When examining property taxes in Junction City, 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 March. 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 Junction City. For example, the median home price in Junction City is $343,960, with tax bills ranging significantly across the county. Zip code 97448 has the highest median home price at $343,960.
Property Tax Assessment Values Across Junction City, Lane County, Oregon
Source: Ownwell
$173,337
$342,155
$510,972
Median Junction City Market Value
$343,960
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 Junction City, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97448 | $52,420 | $209,116 | $343,960 | $461,953 | $595,248 |
Source: Ownwell
Property Tax Bills Across Junction City, Lane County, Oregon
Median Junction City Tax Bill
$2,514
Median Lane County Tax Bill
$3,052
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Junction City, Lane County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97448 | $486 | $1,379 | $2,514 | $3,601 | $4,520 |
Source: Ownwell