Detroit, Marion County, Oregon Property Taxes
Median Detroit, Oregon effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Detroit, Oregon home value: $319,560
Median annual Detroit, Oregon tax bill: $1,229, $1,171 lower than the national median property tax bill of $2,400.
How are property taxes in Marion County calculated?
Property taxes in Detroit, Oregon 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 Detroit’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Detroit, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Detroit, Marion County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.57%
Estimate Property Tax Bill
$2,189
$2,032
Property Tax Rates Across Detroit, Marion County, Oregon
Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Each year, counties estimate their budget needs to provide essential services and divide this by the total value of all taxable property in their area, resulting in the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this is the core process undertaken annually.
In Detroit, located in Marion County, Oregon, the effective property tax rate is a point of interest. Oregon's median property tax rate stands at 0.45%, which is lower compared to the national median of 1.02%. This makes Detroit an appealing location for property owners seeking lower tax rates. When comparing Detroit’s rate to other cities in the state, it aligns with the state’s median, providing a consistent expectation for homeowners. Understanding these rates can be crucial for property owners as they navigate their financial commitments and explore potential savings through property tax appeals and exemptions.
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 Detroit Tax Rate
0.57%
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 Marion County Tax Rate
0.87%
Median Effective Oregon Tax Rate
0.87%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Detroit, Marion County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97342 | 0.35% | 0.46% | 0.57% | 0.65% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Detroit, Marion County, Oregon
When examining property taxes in Detroit, 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. Marion County 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 Marion 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 Detroit.
For example, the median home price in Detroit is $319,560, with tax bills ranging significantly across the county. 97342 has the highest median home price at $319,560.
Property Tax Assessment Values Across Detroit, Marion County, Oregon
Source: Ownwell
$185,130
$366,405
$547,680
Median Detroit Market Value
$384,100
Median Marion County Market Value
$404,860
Median Oregon Market Value
$450,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Detroit, Marion County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97342 | $105,600 | $160,435 | $384,100 | $666,705 | $960,022 |
Source: Ownwell
Property Tax Bills Across Detroit, Marion County, Oregon
Median Detroit Tax Bill
$2,191
Median Marion County Tax Bill
$3,482
Median Oregon Tax Bill
$3,806
Median United States Tax Bill
$2,400
Property Tax Bills Across Detroit, Marion County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97342 | $511 | $999 | $2,191 | $4,039 | $5,646 |
Source: Ownwell