Cornelius, Washington County, Oregon Property Taxes

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

Median Cornelius, OR effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Oregon state median of 0.86%.
Median Cornelius, OR home value: $430,250
Median annual Cornelius, OR tax bill: $3,495, $1,095 higher than the national median property tax bill of $2,400.

How are property taxes in Washington calculated?

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

Last Updated March 1, 2025

Cornelius, Washington County, Oregon Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$3,442

$3,194

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

Property Tax Rates Across Cornelius, Washington County, Oregon

Local government entities set tax rates, which can vary widely within a state. Why? Because 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 Cornelius’s effective property tax rate to other cities in Oregon and the median property tax rates in Oregon and the U.S. Cornelius, located in Washington County, offers a competitive property tax environment. With a median property tax rate of 0.80%, it stands below the national median of 1.02%, making it an attractive option for property owners. In comparison, the highest median property tax rate in Oregon is 0.89% in the 97124 zip code, while the lowest matches Cornelius at 0.80% in the 97113 zip code. These figures highlight the variability within the state and emphasize Cornelius's position as a favorable location for property investment.

Property Tax Rates Across Cornelius, Washington County, Oregon

Source: Ownwell

0.52%

0.85%

1.19%

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 Cornelius Tax Rate

0.80%

Median Effective Washington County Tax Rate

0.93%

Median Effective Oregon Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cornelius, Washington County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
97113	0.63%	0.73%	0.80%	0.88%	0.94%
97124	0.83%	0.85%	0.89%	0.93%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Cornelius, Washington County, Oregon

When examining property taxes in Cornelius, 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 Washington County Assessor 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 Washington 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 Cornelius. For example, the median home price in Cornelius is $430,250, with tax bills ranging significantly across the county. Zip code 97124 has the highest median home price at $635,455.

Property Tax Assessment Values Across Cornelius, Washington County, Oregon

Source: Ownwell

$264,670

$594,470

$924,270

Median Cornelius Market Value

$430,250

Median Washington County Market Value

$529,930

Median Oregon Market Value

$438,140

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cornelius, Washington County, Oregon

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
97113	$86,610	$374,240	$428,640	$502,605	$604,190
97124	$552,453	$587,330	$635,455	$694,775	$742,576

Source: Ownwell

Property Tax Bills Across Cornelius, Washington County, Oregon

In Cornelius, located in Washington County, OR, property tax bills are calculated based on the assessed value of a home. The median home price in the area is $430,250, which serves as a baseline for determining tax obligations. The county applies a specific tax rate to this assessed value, resulting in the annual tax bill. Homeowners in Cornelius can expect a property tax bill that varies significantly, with amounts ranging from the 25th percentile at $3,013 to the 90th percentile reaching $5,222. This variation reflects differences in property values and tax rates across the region. While the national median property tax rate is 1.02%, Cornelius homeowners often face higher bills, as indicated by the median tax bills in the area. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and explore potential exemptions. By leveraging their expertise, homeowners can potentially reduce their tax burden, ensuring they pay a fair amount based on their property's true value.

Property Tax Bills Across Cornelius, Washington County, Oregon

Source: Ownwell

$1,677

$5,823

$9,968

Median Cornelius Tax Bill

$3,495

Median Washington County Tax Bill

$4,896

Median Oregon Tax Bill

$3,628

Median United States Tax Bill

$2,400

Property Tax Bills Across Cornelius, Washington County, Oregon

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
97113	$2,003	$3,005	$3,485	$4,245	$5,124
97124	$5,057	$5,331	$5,727	$6,047	$6,444

Source: Ownwell