Polk County, Oregon Property Taxes

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

Median Polk County effective property tax rate: 0.82%, significantly lower than the national median of 1.02%.
Median Polk County home value: $397,555
Median annual Polk County tax bill: $3,175, $775 higher than the national median property tax bill of $2,400.

How are property taxes in Polk County calculated?

Property taxes in Polk 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 Dallas or another part of Polk County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Polk County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$3,260

$3,025

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

Property Tax Rates Across Polk County, Oregon

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Polk County's effective property tax rate to other counties in Oregon or the U.S. median property tax rate. Polk County has a median tax rate of 0.82%, which is lower than the national median of 1.02%. Within the county, Salem has the highest median tax rate at 0.98%, while Sheridan boasts the lowest at 0.49%. This range illustrates the diversity in property tax rates even within a single county. Understanding these differences can empower property owners to make informed decisions about appealing their property tax assessments.

Property Tax Rates Across Polk County, Oregon

Source: Ownwell

0.49%

0.74%

0.98%

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 Polk County Tax Rate

0.82%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Polk County, Oregon

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Amity	0.19%	0.37%	0.61%	0.87%	1.10%
Dallas	0.41%	0.59%	0.69%	0.75%	0.81%
Falls City	0.37%	0.48%	0.58%	0.71%	0.85%
Grand Ronde	0.28%	0.37%	0.53%	0.63%	0.88%
Independence	0.57%	0.73%	0.85%	0.91%	0.97%
Monmouth	0.55%	0.77%	0.84%	0.90%	0.96%
Philomath	0.18%	0.47%	0.77%	1.05%	1.14%
Rickreall	0.18%	0.38%	0.64%	0.85%	1.02%
Salem	0.72%	0.88%	0.98%	1.04%	1.09%
Sheridan	0.16%	0.27%	0.49%	0.71%	0.93%
Willamina	0.44%	0.55%	0.67%	0.80%	0.83%
Blodgett	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Polk County, Oregon

When examining property taxes in Polk 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 Polk 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 Polk 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 Polk County. For example, the median tax bill in Polk County is $2,400, with tax bills ranging significantly across the county. Salem has the highest median home price at $461,860.

Property Tax Assessment Values Across Polk County, Oregon

Source: Ownwell

$127,365

$294,613

$461,860

Median Polk County Market Value

$397,555

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Polk County, Oregon

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Amity	$48,044	$72,790	$134,350	$333,450	$614,814
Dallas	$87,894	$259,235	$377,520	$465,720	$557,194
Falls City	$52,256	$92,770	$185,710	$268,625	$349,646
Grand Ronde	$36,600	$65,405	$127,365	$282,410	$368,932
Independence	$93,250	$265,665	$341,010	$428,190	$556,440
Monmouth	$91,108	$294,595	$398,720	$475,210	$562,506
Philomath	$67,121	$95,960	$208,475	$354,335	$364,057
Rickreall	$28,668	$63,938	$127,395	$402,262	$644,084
Salem	$277,384	$382,270	$461,860	$547,880	$649,158
Sheridan	$44,445	$71,568	$158,395	$376,170	$574,703
Willamina	$87,352	$177,242	$262,125	$306,085	$387,255
Blodgett	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Polk County, Oregon

In Polk County, Oregon, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to calculate the property tax bill. Factors such as location, size, and improvements to the property can influence the assessed value. In Polk County, the median home price is $397,555, and the property tax bills vary significantly. The 25th percentile tax bill is $1,903, while the 75th percentile reaches $4,361, and the 90th percentile climbs to $5,687. The city of Salem has the highest median tax bill at $4,376, whereas Sheridan has the lowest at $741. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Polk County's tax bills can be notably higher or lower depending on the specific location. Homeowners in this county should be aware of these variations as they can have a significant impact on their annual expenses.

Property Tax Bills Across Polk County, Oregon

Source: Ownwell

$741

$2,559

$4,376

Median Polk County Tax Bill

$3,175

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Polk County, Oregon

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Amity	$202	$418	$950	$1,789	$2,349
Dallas	$541	$1,523	$2,511	$3,319	$4,079
Falls City	$246	$653	$1,195	$1,680	$2,128
Grand Ronde	$172	$384	$879	$1,502	$2,041
Independence	$878	$2,045	$2,914	$3,609	$4,780
Monmouth	$674	$2,287	$3,221	$4,024	$4,875
Philomath	$500	$640	$1,036	$2,263	$2,996
Rickreall	$168	$404	$945	$1,792	$3,077
Salem	$2,448	$3,426	$4,376	$5,486	$6,641
Sheridan	$186	$367	$741	$1,626	$2,669
Willamina	$640	$1,093	$1,708	$2,269	$2,805
Blodgett	N/A	N/A	N/A	N/A	N/A

Source: Ownwell