Tangent, Linn County, Oregon Property Taxes
Median Tangent, OR effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Tangent, OR home value: $386,040
Median annual Tangent, OR tax bill: $2,686, $286 higher than the national median property tax bill of $2,400.
How are property taxes in Linn County calculated?
Property taxes in Tangent, 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 Tangent’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tangent, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tangent, Linn County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$2,664
$2,472
Property Tax Rates Across Tangent, Linn County, Oregon
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 Tangent Tax Rate
0.69%
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 Tangent, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97389 | 0.36% | 0.53% | 0.69% | 0.81% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Tangent, Linn County, Oregon
When examining property taxes in Tangent, OR, 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 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 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 Tangent.
For example, the median home price in Tangent is $386,040, with tax bills ranging significantly across the county. Zip code 97389 has the highest median home price at $386,040.
Property Tax Assessment Values Across Tangent, Linn County, Oregon
Source: Ownwell
$166,140
$411,040
$655,940
Median Tangent Market Value
$386,040
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 Tangent, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97389 | $73,752 | $123,050 | $386,040 | $554,790 | $824,408 |
Source: Ownwell
Property Tax Bills Across Tangent, Linn County, Oregon
In Tangent, Linn County, OR, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is a percentage of the property's market value, and the tax rate is set by local taxing authorities. Homeowners in Tangent can expect varying tax bills; the 25th percentile tax bill is $807, while the 75th percentile reaches $3,951, with some bills going up to $5,010 in the 90th percentile. Despite the national median property tax bill being $2,400, Tangent's tax bills can be significantly higher, reflecting the area's property values and local tax rates.
Homeowners may find these taxes burdensome, especially if their property's assessed value increases. Ownwell offers a solution by providing property tax appeal services. By analyzing local tax assessments and market values, Ownwell helps homeowners identify discrepancies and file appeals, potentially reducing their tax burden. With expertise in navigating the complexities of property tax systems, Ownwell empowers homeowners to achieve fair and accurate tax bills, ensuring they only pay what is necessary.
Median Tangent Tax Bill
$2,686
Median Linn County Tax Bill
$3,138
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Tangent, Linn County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97389 | $424 | $807 | $2,686 | $3,951 | $5,010 |
Source: Ownwell