Lebanon, Linn County, Oregon Property Taxes
Median Lebanon, OR effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Lebanon, OR home value: $355,390
Median annual Lebanon, OR tax bill: $2,920, $520 higher than the national median property tax bill of $2,400.
How are property taxes in Linn County calculated?
Property taxes in Lebanon, 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 Lebanon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lebanon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lebanon, Linn County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$2,737
$2,539
Ownwell’s Lebanon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lebanon with just two data points.
By entering your property's estimated assessed value, our calculator applies Lebanon’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Linn 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 Linn County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lebanon, Linn County, Oregon
Local government entities determine tax rates, which can vary significantly within Oregon. Each year, counties like Linn estimate their budgetary needs to provide essential services and then divide this by the total value of all taxable properties in the area, resulting in the property tax rate. This process, while influenced by votes and legislation, is the core of how rates are set annually.
Lebanon, located in Linn County, has an effective property tax rate that aligns with the county's median rate of 0.77%. This is notably below the national median of 1.02%, offering some relief to property owners in the area. While some cities in Oregon might have varying rates, Lebanon's rate is consistent with Linn County's overall tax strategy.
Comparing this to the national landscape, Lebanon’s property tax rate not only provides an affordable option for residents but also reflects the county's efficient budgeting and property valuation methods. This makes Lebanon an attractive location for property investment, given its competitive tax rate and the quality of services provided.
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 Lebanon Tax Rate
0.77%
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 Linn County Tax Rate
0.82%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lebanon, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97355 | 0.42% | 0.59% | 0.77% | 0.96% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Lebanon, Linn County, Oregon
When examining property taxes in Lebanon, 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 Linn County Assessor's Office 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 Linn County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Lebanon. For example, the median home price in Lebanon is $355,390, with tax bills ranging significantly across the county. Zip code 97355 has the highest median home price at $355,390.
Property Tax Assessment Values Across Lebanon, Linn County, Oregon
Source: Ownwell
$166,140
$411,040
$655,940
Median Lebanon Market Value
$355,390
Median Linn County Market Value
$372,065
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lebanon, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97355 | $114,732 | $255,570 | $355,390 | $488,770 | $671,268 |
Source: Ownwell
Property Tax Bills Across Lebanon, Linn County, Oregon
In Lebanon, OR, property tax bills are determined by the assessed value of a home, which is set by the Linn County assessor. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The median tax bill in Lebanon is $2,920, which is higher than the national median of $2,400. Homeowners in the area might find themselves paying more than the national average due to the region's assessed values and tax rates. Various factors such as property improvements, neighborhood developments, and changes in local tax rates can influence these assessed values, impacting the overall tax bill.
Ownwell offers a solution to help homeowners potentially reduce their property tax bills. By providing expert analysis and representation, Ownwell can assist in appealing over-assessed property values, ensuring that homeowners are not overpaying. With a deep understanding of local tax laws and assessment practices, Ownwell can identify opportunities for savings, making it easier for homeowners to manage their property tax expenses effectively.
Median Lebanon Tax Bill
$2,920
Median Linn County Tax Bill
$3,138
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Lebanon, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97355 | $905 | $1,930 | $2,920 | $3,868 | $4,941 |
Source: Ownwell