Hubbard, Marion County, Oregon Property Taxes

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

Median Hubbard, OR effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Hubbard, OR home value: $349,885
Median annual Hubbard, OR tax bill: $2,786, $386 higher than the national median property tax bill of $2,400.

How are property taxes in Marion County calculated?

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

Last Updated March 1, 2025

Hubbard, Marion County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$2,729

$2,533

Ownwell’s Hubbard Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hubbard with just two data points.

By entering your property's estimated assessed value, our calculator applies Hubbard’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 Marion County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hubbard, Marion County, Oregon

Local government entities set tax rates, leading to variations within a state. This occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Hubbard, located in Marion County, Oregon, the property tax landscape reflects these principles. The city's effective property tax rate can be compared to other cities within Oregon and the national median. Interestingly, Hubbard's rate aligns with the highest and lowest median tax rates in Marion County, indicating a uniformity in the area's tax structure. With Oregon's median property tax rate falling below the national median of 1.02%, residents might find some relief in their property tax bills when compared to the national average. This comparison highlights the importance of understanding local tax rates, as they can significantly impact annual property tax bills.

Property Tax Rates Across Hubbard, Marion County, Oregon

Source: Ownwell

0.44%

0.72%

1.00%

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 Hubbard Tax Rate

0.78%

Median Effective Marion County Tax Rate

0.84%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hubbard, Marion County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97032	0.46%	0.64%	0.78%	0.85%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Hubbard, Marion County, Oregon

When examining property taxes in Hubbard, 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 Marion 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. 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 Hubbard. For example, the median home price in Hubbard is $349,885, with tax bills ranging significantly across the county. Zip code 97032 has the highest median home price at $349,885.

Property Tax Assessment Values Across Hubbard, Marion County, Oregon

Source: Ownwell

$168,200

$336,335

$504,470

Median Hubbard Market Value

$349,885

Median Marion County Market Value

$390,390

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hubbard, Marion County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97032	$36,342	$165,562	$349,885	$483,748	$562,069

Source: Ownwell

Property Tax Bills Across Hubbard, Marion County, Oregon

In Hubbard, located in Marion County, OR, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is typically a percentage of the property's market value, which in Hubbard has a median home price of $349,885. The tax bill can vary significantly, with the 25th percentile at $1,651 and the 75th percentile reaching up to $3,812, while the 90th percentile can be as high as $4,225. The highest and lowest median tax bills both stand at $2,786 in the 97032 zip code, which is above the national median property tax bill of $2,400. Homeowners in Hubbard may find their property taxes higher than the national average, impacting their overall housing costs. Ownwell can assist homeowners by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions. By appealing incorrect assessments, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Hubbard, Marion County, Oregon

Source: Ownwell

$933

$2,697

$4,461

Median Hubbard Tax Bill

$2,786

Median Marion County Tax Bill

$3,229

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Hubbard, Marion County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97032	$498	$1,651	$2,786	$3,812	$4,225

Source: Ownwell