Scio, Linn County, Oregon Property Taxes
Median Scio, OR effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Scio, OR home value: $472,430
Median annual Scio, OR tax bill: $2,307, $93 lower than the national median property tax bill of $2,400.
How are property taxes in Linn County calculated?
Property taxes in Scio, 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 Scio’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Scio, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Scio, Linn County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$2,220
$2,060
Property Tax Rates Across Scio, Linn County, Oregon
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to each county's annual budget estimation process. Counties determine the budget required to provide essential services and then divide this amount by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.
In Scio, located in Linn County, Oregon, the effective property tax rate is 0.47%, which is notably lower than the national median property tax rate of 1.02%. This makes Scio an appealing option for property owners seeking lower tax expenses. Compared to other cities in Oregon, Scio's tax rate is relatively low, which can be a significant consideration for potential property buyers or investors. The median property tax bill in Scio is also expected to be lower than the national median of $2,400, offering further financial benefits to property owners in the area.
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 Scio Tax Rate
0.47%
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 Scio, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97374 | 0.24% | 0.35% | 0.47% | 0.62% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Scio, Linn County, Oregon
When examining property taxes in Scio, 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 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 Scio. For example, the median home price in Scio is $472,430, with tax bills ranging significantly across the county. Zip code 97374 has the highest median home price at $472,430.
Property Tax Assessment Values Across Scio, Linn County, Oregon
Source: Ownwell
$166,140
$411,040
$655,940
Median Scio Market Value
$472,430
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 Scio, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97374 | $82,006 | $250,880 | $472,430 | $690,760 | $911,208 |
Source: Ownwell
Property Tax Bills Across Scio, Linn County, Oregon
In the city of Scio, located in Linn County, Oregon, property tax bills are determined by the assessed value of a home, which is often lower than its market value. The local tax rate is then applied to this assessed value. Homeowners in Scio typically see tax bills ranging from $1,281 at the 25th percentile to $4,642 at the 90th percentile. The median tax bill in the area is $2,307, slightly below the national median of $2,400. This means that while some homeowners may find their tax bills manageable, others could face financial strain, especially if the assessed value is not accurately reflecting the market conditions.
Ownwell offers valuable assistance to homeowners by reviewing their property assessments and identifying opportunities for appeals. By ensuring that the assessed value is fair and accurate, Ownwell helps reduce the tax burden. This service can lead to significant savings, allowing homeowners to allocate their resources more effectively. With Ownwell's expertise, homeowners in Scio can achieve peace of mind knowing they are not overpaying on their property taxes.
Median Scio Tax Bill
$2,307
Median Linn County Tax Bill
$3,138
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Scio, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97374 | $469 | $1,281 | $2,307 | $3,410 | $4,642 |
Source: Ownwell