Cascade Locks, Multnomah County, Oregon Property Taxes

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

Median Cascade Locks, OR effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Cascade Locks, OR home value: $140,700
Median annual Cascade Locks, OR tax bill: $1,850, $550 lower than the national median property tax bill of $2,400.

How are property taxes in Multnomah County calculated?

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

Last Updated March 1, 2025

Cascade Locks, Multnomah County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$1,745

$1,619

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

Property Tax Rates Across Cascade Locks, Multnomah County, Oregon

Local government entities determine tax rates, and these rates can differ significantly across a state. Each county annually estimates the budget necessary to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is the fundamental annual process. Cascade Locks, located in Hood River County, has a property tax rate that reflects this calculation. When comparing Cascade Locks' effective property tax rate to other cities in Oregon and the national median, it's clear that local conditions heavily influence tax obligations. Cascade Locks' rate is influenced by the specific needs and budgetary requirements of Hood River County. Understanding these local nuances provides a clearer picture of property tax responsibilities and how they align with broader state and national trends.

Property Tax Rates Across Cascade Locks, 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 Cascade Locks Tax Rate

1.24%

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 Cascade Locks, Multnomah County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97014	0.85%	1.16%	1.24%	1.24%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Cascade Locks, Multnomah County, Oregon

When examining property taxes in Cascade Locks, 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 Multnomah 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. Assessment notices: In Multnomah 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 Cascade Locks. For example, the median home price in Cascade Locks is $140,700, with tax bills ranging significantly across the county. Zip code 97014 has the highest median home price at $140,700.

Property Tax Assessment Values Across Cascade Locks, Multnomah County, Oregon

Source: Ownwell

$140,700

$677,123

$1,213,545

Median Cascade Locks Market Value

$140,700

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 Cascade Locks, Multnomah County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97014	$69,556	$92,942	$140,700	$248,825	$448,503

Source: Ownwell

Property Tax Bills Across Cascade Locks, Multnomah County, Oregon

In Cascade Locks, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which is influenced by factors such as location, home size, and property improvements. With the median home price in Cascade Locks at $140,700, homeowners can expect varying tax bills. For instance, 25% of homeowners pay less than $1,095, while 75% pay less than $3,374. At the 90th percentile, tax bills can reach up to $5,475. Compared to the national median property tax bill of $2,400, Cascade Locks presents a diverse range of tax obligations. This can significantly impact homeowners, especially those with limited budgets. Ownwell offers a solution by providing property tax appeal and exemption services. By evaluating your property's assessed value and ensuring it aligns with current market conditions, Ownwell can help reduce your tax bill, potentially saving you hundreds or even thousands of dollars annually.

Property Tax Bills Across Cascade Locks, Multnomah County, Oregon

Source: Ownwell

$1,850

$8,708

$15,566

Median Cascade Locks Tax Bill

$1,850

Median Multnomah County Tax Bill

$5,046

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Cascade Locks, Multnomah County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97014	$710	$1,095	$1,850	$3,374	$5,475

Source: Ownwell