Springfield, Lane County, Oregon Property Taxes

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

Median Springfield, OR effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Springfield, OR home value: $360,226
Median annual Springfield, OR tax bill: $2,964, $564 higher than the national median property tax bill of $2,400.

How are property taxes in Lane County calculated?

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

Last Updated March 1, 2025

Springfield, Lane County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$3,062

$2,841

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

Property Tax Rates Across Springfield, Lane County, Oregon

Local government entities in Springfield, Lane County, OR, set property tax rates, resulting in varying rates across the state. This variation is due to each county's annual process of estimating its budgetary needs for public services and dividing that by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While votes and legal frameworks play a role in setting these rates and budgets, this is the core of the annual process. Springfield's effective property tax rate can be compared to other cities in Oregon, as well as to the median property tax rates in the state and across the United States. Oregon's median tax rate is slightly below the national median of 1.02%, making it a relatively affordable state for property owners. Springfield's rate is competitive within Lane County, where the highest and lowest median rates are 0.87% and 0.83%, respectively. This comparison highlights Springfield as an attractive option for homeowners seeking manageable property tax obligations.

Property Tax Rates Across Springfield, 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 Springfield Tax Rate

0.85%

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 Springfield, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97477	0.63%	0.71%	0.83%	0.94%	1.07%
97478	0.56%	0.70%	0.87%	0.97%	1.09%

Source: Ownwell

Property Tax Assessment Values Across Springfield, Lane County, Oregon

When examining property taxes in Springfield, 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. Assessment notices: 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 Springfield. For example, the median home price in Springfield is $360,226, with tax bills ranging significantly across the county. Zip code 97478 has the highest median home price at $368,390.

Property Tax Assessment Values Across Springfield, Lane County, Oregon

Source: Ownwell

$173,337

$342,155

$510,972

Median Springfield Market Value

$360,226

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 Springfield, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97477	$113,973	$276,729	$350,468	$421,142	$507,881
97478	$61,581	$282,357	$368,390	$464,244	$602,067

Source: Ownwell

Property Tax Bills Across Springfield, Lane County, Oregon

In Springfield, located in Lane County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The tax rate is then applied to this assessed value to calculate the property tax bill. Factors such as the local tax rate and any applicable exemptions or deductions can influence the final amount. The median home price in Springfield is $360,226, and homeowners can expect to pay property tax bills ranging from the 25th percentile at $2,202 to the 90th percentile at $4,951, depending on their property's assessed value and location. Compared to the national median property tax bill of $2,400, some homeowners in Springfield may find their bills higher. Ownwell assists homeowners by providing property tax appeal and exemption services, ensuring they are not overpaying on their bills. By analyzing property assessments and identifying potential discrepancies, Ownwell helps clients achieve savings and reduce their financial burden, making property ownership more affordable in the long run.

Property Tax Bills Across Springfield, Lane County, Oregon

Source: Ownwell

$1,042

$3,358

$5,674

Median Springfield Tax Bill

$2,964

Median Lane County Tax Bill

$3,052

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Springfield, Lane County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97477	$1,395	$2,163	$2,801	$3,609	$4,820
97478	$958	$2,263	$3,139	$4,017	$5,028

Source: Ownwell