Willamina, Polk County, Oregon Property Taxes
Median Willamina, OR effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Willamina, OR home value: $262,125
Median annual Willamina, OR tax bill: $1,708, $692 lower than the national median property tax bill of $2,400.
How are property taxes in Polk County calculated?
Property taxes in Willamina, 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 Willamina’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Willamina, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Willamina, Polk County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.67%
Estimate Property Tax Bill
$1,756
$1,630
Property Tax Rates Across Willamina, Polk County, Oregon
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates the budget it needs to provide essential services and divides this amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.
For example, in Willamina in Polk County, Oregon, the effective property tax rate is a key consideration for homeowners. The median property tax rate in Oregon stands at 0.67%, which is notably lower than the national median of 1.02%. This means that property owners in Willamina benefit from a lower tax burden compared to many other areas in the United States. When comparing Willamina’s rate to other cities in Oregon and the national average, it's clear that residents enjoy a relatively favorable tax environment. Understanding these rates can help property owners make informed decisions about their investments and manage their expenses more effectively.
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 Willamina Tax Rate
0.67%
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 Willamina, Polk County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97396 | 0.44% | 0.55% | 0.67% | 0.80% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Willamina, Polk County, Oregon
When examining property taxes in Willamina, 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 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.
In Polk 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 Willamina.
For example, the median home price in Willamina is $262,125, with tax bills ranging significantly across the county. Zip code 97396 has the highest median home price at $262,125.
Property Tax Assessment Values Across Willamina, Polk County, Oregon
Source: Ownwell
$127,365
$294,613
$461,860
Median Willamina Market Value
$262,125
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 Willamina, Polk County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97396 | $87,352 | $177,242 | $262,125 | $306,085 | $387,255 |
Source: Ownwell
Property Tax Bills Across Willamina, Polk County, Oregon
Median Willamina Tax Bill
$1,708
Median Polk County Tax Bill
$3,175
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Willamina, Polk County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97396 | $640 | $1,093 | $1,708 | $2,269 | $2,805 |
Source: Ownwell