Jefferson, Marion County, Oregon Property Taxes
Median JEFFERSON, OR effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median JEFFERSON, OR home value: $360,620
Median annual JEFFERSON, OR tax bill: $2,368, $32 lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in JEFFERSON, 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 JEFFERSON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in JEFFERSON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Jefferson, Marion County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.64%
Estimate Property Tax Bill
$2,308
$2,142
Property Tax Rates Across Jefferson, Marion County, Oregon
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties determine their necessary budget to fund services and divide this by the total assessed value of all taxable properties in their jurisdiction. This calculation results in the property tax rate. While the process involves votes and legislation, this is the fundamental method used annually.
In Jefferson, located in Marion County, Oregon, the effective property tax rate provides an interesting comparison to other cities within the state and the national average. Oregon’s median property tax rate is notably lower than the national median of 1.02%. This can be advantageous for property owners in Jefferson, as it implies a lower property tax burden compared to many areas across the country. Understanding these rates is crucial for homeowners and potential buyers, as it impacts the overall cost of owning property. By evaluating these tax rates, residents can make informed decisions about property investments and financial planning.
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 Jefferson Tax Rate
0.64%
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
0.84%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Jefferson, Marion County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97352 | 0.46% | 0.56% | 0.64% | 0.70% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Jefferson, Marion County, Oregon
When examining property taxes in Jefferson, 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 appraisal district 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 Jefferson. For example, the median home price in Jefferson is $360,620, with tax bills ranging significantly across the county. Zip code 97352 has the highest median home price at $360,620.
Property Tax Assessment Values Across Jefferson, Marion County, Oregon
Source: Ownwell
$168,200
$336,335
$504,470
Median Jefferson Market Value
$360,620
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 Jefferson, Marion County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97352 | $104,880 | $262,085 | $360,620 | $489,970 | $677,185 |
Source: Ownwell
Property Tax Bills Across Jefferson, Marion County, Oregon
Median Jefferson Tax Bill
$2,368
Median Marion County Tax Bill
$3,229
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Jefferson, Marion County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97352 | $784 | $1,694 | $2,368 | $3,116 | $4,141 |
Source: Ownwell
