Netarts, Tillamook County, Oregon Property Taxes
Median Netarts, OR effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%. Median Netarts, OR home value: $449,510. Median annual Netarts, OR tax bill: $3,418, $1,018 higher than the national median property tax bill of $2,400.
How are property taxes in Tillamook calculated?
Property taxes in Netarts, 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 Netarts’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Netarts, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Netarts, Tillamook County, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$3,326
$3,087
Ownwell’s Netarts Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Netarts with just two data points.
By entering your property's estimated assessed value, our calculator applies Netarts’ 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 Tillamook County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Netarts, Tillamook County, Oregon
Local government entities are responsible for setting property tax rates, resulting in significant variations even within a single state. This process begins with each county estimating its budgetary needs for essential services. The total budget is then divided by the assessed value of all taxable properties within the county, yielding the property tax rate. Although votes and legislative actions play a role in determining these rates and budgets, this is the core of the annual procedure.
In Netarts, located in Tillamook County, the effective property tax rate is a reflection of this process. When compared to other cities in Oregon, Netarts' rate aligns with the state's median. Notably, Oregon's median property tax rate stands at 0.74%, which is below the national median of 1.02%. This difference can lead to lower property tax bills in Oregon compared to the national average, where the median property tax bill is $2400. Understanding these rates can empower property owners in Netarts to make informed decisions about their property taxes and potential appeals or exemptions.
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 Netarts Tax Rate
0.74%
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 Tillamook County Tax Rate
0.57%
Median Effective Oregon Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Netarts, Tillamook County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97143 | 0.55% | 0.65% | 0.74% | 0.81% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Netarts, Tillamook County, Oregon
When examining property taxes in Netarts, OR, 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 Tillamook 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 Tillamook County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Netarts. For example, the median home price in Netarts is $449,510, with tax bills ranging significantly across the county. Zip code 97143 has the highest median home price at $449,510.
Property Tax Assessment Values Across Netarts, Tillamook County, Oregon
Source: Ownwell
$234,700
$624,748
$1,014,795
Median Netarts Market Value
$449,510
Median Tillamook County Market Value
$397,740
Median Oregon Market Value
$438,140
Median United States Market Value
$235,294
Property Tax Assessment Values Across Netarts, Tillamook County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97143 | $203,783 | $410,095 | $449,510 | $533,695 | $742,625 |
Source: Ownwell
Property Tax Bills Across Netarts, Tillamook County, Oregon
In Netarts, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value, which can fluctuate with changes in the real estate market. Homeowners in Netarts, within Tillamook County, often face tax bills that reflect the area's property values. For instance, the median property tax bill in this region is $3,418, significantly higher than the national median of $2,400. This discrepancy can be attributed to the local market conditions and the assessed values set by the county.
Factors such as property improvements, neighborhood changes, and market trends can influence the assessed value, thereby affecting the tax bill. Homeowners may find these costs burdensome, especially if their property's market value has not increased proportionately. Ownwell offers services to help homeowners appeal their property tax assessments and apply for exemptions, potentially reducing their tax burden. By leveraging expert knowledge and experience, Ownwell assists homeowners in navigating the complexities of property tax regulations, ensuring they pay only their fair share.
Median Netarts Tax Bill
$3,418
Median Tillamook County Tax Bill
$2,473
Median Oregon Tax Bill
$3,628
Median United States Tax Bill
$2,400
Property Tax Bills Across Netarts, Tillamook County, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97143 | $2,025 | $2,854 | $3,418 | $3,866 | $4,254 |
Source: Ownwell