Multnomah County, Oregon Property Taxes

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

Median Multnomah County effective property tax rate: 1.07%, significantly higher than the national median of 1.02%.
Median Multnomah County home value: $496,670
Median annual Multnomah County tax bill: $5,046, $2,646 higher than the national median property tax bill of $2,400.

How are property taxes in Multnomah County calculated?

Property taxes in Multnomah County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Portland or another part of Multnomah County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Multnomah County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$5,314

$4,932

Ownwell’s Multnomah County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Multnomah County with just two data points. By entering your property's estimated assessed value, our calculator applies Multnomah County’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 more 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 Multnomah County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Multnomah County, Oregon

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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 these rates and budgets, this calculation is the core of the annual process.

Multnomah County's effective property tax rate can be compared to other counties in Oregon or the U.S. median property tax rate. With a median property tax rate of 1.07%, Multnomah County is slightly above the national median rate of 1.02%. This means property owners in Multnomah County may pay more in taxes compared to the national average. However, within Oregon, there is a range, with Lake Oswego having the highest median tax rate at 1.28% and Corbett having the lowest at 0.74%. Understanding these variations can help property owners make informed decisions about their investments and potential tax obligations.

Property Tax Rates Across Multnomah County, Oregon

Source: Ownwell

0.74%

1.27%

1.81%

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 Multnomah County Tax Rate

1.07%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Multnomah County, Oregon

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Boring	0.76%	0.83%	0.98%	1.07%	1.19%
Cascade Locks	0.85%	1.16%	1.24%	1.24%	1.27%
Corbett	0.56%	0.64%	0.74%	0.83%	0.92%
Fairview	0.59%	0.80%	0.92%	1.00%	1.08%
Gresham	0.83%	0.92%	0.99%	1.07%	1.16%
Lake Oswego	1.02%	1.18%	1.28%	1.43%	1.56%
Portland	0.76%	0.91%	1.08%	1.29%	1.65%
Scappoose	0.69%	0.76%	0.87%	1.01%	1.40%
Troutdale	0.78%	0.89%	0.94%	1.00%	1.06%
Wood Village	0.63%	0.69%	0.75%	0.87%	0.94%
Hillsboro	N/A	N/A	N/A	N/A	N/A
North Plains	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Multnomah County, Oregon

When examining property taxes in Multnomah County, 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 Multnomah 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. Assessment notices: In Multnomah 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 Multnomah County. For example, the median tax bill in Multnomah County is $4,780, with tax bills ranging significantly across the county. Scappoose has the highest median home price at $656,300.

Property Tax Assessment Values Across Multnomah County, Oregon

Source: Ownwell

$140,700

$677,123

$1,213,545

Median Multnomah County Market Value

$496,670

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Multnomah County, Oregon

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Boring	$471,440	$505,440	$593,950	$683,710	$787,540
Cascade Locks	$69,556	$92,942	$140,700	$248,825	$448,503
Corbett	$342,864	$460,250	$586,600	$704,200	$828,242
Fairview	$41,481	$275,608	$408,670	$539,082	$694,745
Gresham	$293,022	$379,030	$448,990	$519,090	$603,526
Lake Oswego	$236,840	$286,940	$536,950	$792,095	$1,006,383
Portland	$314,030	$406,400	$522,135	$678,340	$886,416
Scappoose	$173,233	$443,145	$656,300	$748,702	$975,466
Troutdale	$352,500	$406,695	$456,140	$507,505	$580,950
Wood Village	$26,906	$39,470	$255,500	$401,460	$610,936
Hillsboro	N/A	N/A	N/A	N/A	N/A
North Plains	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Multnomah County, Oregon

In Multnomah County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the local taxing authority. This value is often lower than the market value and is adjusted annually to reflect changes in the market. The median home price in the county stands at $496,670. The property tax rate is applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including local levies and voter-approved measures which can vary significantly across different areas. For instance, the median tax bill in Multnomah County ranges from $3,780 at the 25th percentile to $10,509 at the 90th percentile, indicating a wide range of tax liabilities. Homeowners in Lake Oswego face the highest median tax bill at $6,956, while those in Cascade Locks see the lowest at $1,850. These property taxes directly impact homeowners by contributing to local services such as schools, emergency services, and infrastructure maintenance.

Property Tax Bills Across Multnomah County, Oregon

Source: Ownwell

$1,850

$8,708

$15,566

Median Multnomah County Tax Bill

$5,046

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Multnomah County, Oregon

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Boring	$3,499	$4,659	$6,052	$6,671	$8,268
Cascade Locks	$710	$1,095	$1,850	$3,374	$5,475
Corbett	$2,232	$3,176	$4,428	$5,705	$6,998
Fairview	$1,895	$3,215	$3,993	$5,406	$7,426
Gresham	$2,839	$3,695	$4,458	$5,352	$6,448
Lake Oswego	$2,683	$3,704	$6,956	$10,731	$13,989
Portland	$3,045	$4,019	$5,381	$7,677	$11,184
Scappoose	$2,835	$3,690	$5,292	$6,861	$8,751
Troutdale	$3,215	$3,821	$4,298	$4,838	$5,694
Wood Village	$1,506	$2,039	$2,740	$4,333	$6,257
Hillsboro	N/A	N/A	N/A	N/A	N/A
North Plains	N/A	N/A	N/A	N/A	N/A

Source: Ownwell