Sheet OR · 2026–27 rules

Oregon Property Tax Calculator

An Oregon bill is driven by maximum assessed value, not market value: MAV grows at most 3% a year, tax is charged on the lesser of MAV and real market value, and Measure 5 then caps school and general-government taxes as a share of market value.

Rules verified Oct 2, 2026 6 primary sources Editorial policy

Estimate your 2026–27 Oregon bill

Real market value (RMV) ($)

Is this your homestead (where you live)?

Last year’s assessed value (AV) ($)

Last year’s maximum assessed value (MAV) ($)

Rate unit on your bill

Mills Per $100 Percent

Education rate per $1,000 (school, ESD, community college)

General government rate per $1,000 (county, city, districts, local option)

Bond rate per $1,000 (outside Measure 5)

Approved shared exemption, bill credits and charges (optional)

Extra exemption approved for EVERY modeled levy (assessed $)

The same assessed-value amount must apply to Education, General government, Bonds. Different approvals or bases require the prepared levy worksheet. Do not repeat relief already deducted.

Other approved credits on the bill ($)

Fixed charges or special assessments ($)

Your county tax statement shows last year’s maximum assessed value and the rate in each category (education, general government, bonds).

Oregon · 2026-27 (July 1, 2026 - June 30, 2027) Needs inputs

Oregon estimated annual property tax —

Tax — Education —
Tax — General government —
Tax — Bonds —
Reduced by statewide bill limit —
Credits subtracted —
Fixed charges added —

Per month (annual ÷ 12) —

What was applied Choose the actual approved homestead status.

Assessed value after ratio and cap —

Taxable value — Education —

Taxable value — General government —

Taxable value — Bonds —

Effective rate on market value —

What this estimate leaves out

Different allowances for different levies need separately approved taxable bases in the prepared levy worksheet. The extra exemption above subtracts the same assessed-dollar amount from every modeled levy.

How Oregon turns value into a tax bill

Oregon statewide rules
Step	Oregon rule	Source
Value	The county assessor estimates real market value (RMV) each January 1; tax is levied on assessed value, which is usually lower.	[1][2]
Assessment	100% of real market value	[1][2]
Annual limit	Maximum assessed value (MAV) may grow at most 3% a year; assessed value is the lesser of MAV and real market value.For an unchanged property, current MAV is the greater of prior assessed value × 103% or prior MAV; current assessed value is the lesser of this MAV and current RMV (ORS 308.146). New construction, partition and rezoning require the assessor’s exception-value calculation.	[1][2]
Exemption	Disabled veteran exemption (40% or more): the actual approved amount you enter off assessed value; all levies.Oregon resident veteran (honorable discharge) certified by the VA or the Armed Forces as 40%+ disabled; or certified 40%+ by a physician with prior-year gross income at or below 185% of federal poverty guidelines; or unmarried surviving spouse/partner. Must own and live on the homestead. File by April 1.	[5][6]
Exemption	Disabled veteran exemption (40% or more, service-connected): the actual approved amount you enter off assessed value; all levies.Veteran certified by the VA or Armed Forces with service-connected disabilities of 40% or more, or unmarried surviving spouse/partner when the veteran died of a service-connected cause or received at least one year of this maximum exemption.	[5][6]
Rate	Education: local rate — you enter it.School district, education service district and community college levies.	[3]
Rate	General government: local rate — you enter it.County, city, special districts and local option levies.	[3]
Rate	Bonds: local rate — you enter it.Voter-approved general obligation bonds for capital construction, outside the Measure 5 limits.	[4]
Bill limit	Measure 5: education taxes may not exceed $5 per $1,000 of real market value.	[3]
Bill limit	Measure 5: general-government taxes may not exceed $10 per $1,000 of real market value.	[3]

Oregon property tax rules in brief

Under Measure 50, every property has a maximum assessed value. MAV can grow no more than 3% a year, and the tax is levied on the lesser of MAV and real market value.¹²

Because MAV is tied to the 1995-96 value less 10% plus 3% annual growth, assessed value is often well below market value, and the gap does not reset when a home sells.¹

New construction and other changes get a MAV set by multiplying their real market value by the area's changed property ratio for that property class.¹

Measure 5 limits school taxes to $5 and general-government taxes to $10 per $1,000 of real market value. Voter-approved general obligation bonds are outside these limits.³⁴

When a category's taxes exceed its Measure 5 limit, the excess is 'compressed' (cut) on that property's bill.³

The January 2026 DOR publication lists disabled-veteran exemptions of $27,092 or $32,512 depending on approval, with annual 3% indexing. This worksheet requires the actual county-approved assessment exemption for the applicable tax year; it does not infer a fiscal year from a publication date.⁵⁶

Oregon has no general homestead exemption for owner-occupied homes.⁶

Worked example

Illustrative rates per $1,000 (education 5.50, general government 9.00, bonds 1.50). MAV 290,000 × 1.03 = 298,700, below RMV 500,000, so assessed value is 298,700. Education 1,642.85 (limit 2,500), general 2,688.30 (limit 5,000), bonds 448.05. Total 4,779.20.

Oregon worked example
Line	Taxable value	Tax
Education at 5.5 mills	$298,700.00	$1,642.85
General government at 9 mills	$298,700.00	$2,688.30
Bonds at 1.5 mills	$298,700.00	$448.05
Annual total		$4,779.20

Left to your local bill

Changed property ratio (CPR) MAV for new construction/improvements, partitions and rezoning
Order of Measure 5 compression (local option levies are reduced first, then other levies proportionally) - the model compresses each category's total
Senior and disabled citizen property tax deferral program (a loan, not an exemption)
Local-option exemptions and abatements (nonprofit housing, enterprise zones, vertical housing, historic property, etc.)
Active-duty military exemption (variable, county-administered) and Civil War/Spanish War surviving-spouse $2,000 exemption
Special assessments for local improvements, fire patrol assessments and other non-ad-valorem charges

Census context, not a rate

American Community Survey 2020–2024: median owner-occupied value $477,600 (±$1,400), median real-estate taxes $3,876 (±$17). Dividing one by the other gives 0.81% for Oregon. Tables B25077 and B25103; why it is only context.

Sources

oregonlegislature.govOr. Const. art. XI, 11(1)(b), (f), read 2026-10-02.
“(b) For tax years beginning after July 1, 1997, the property's maximum assessed value shall not increase by more than three percent from the previous tax year.”
oregonlegislature.govORS 308.146(1)-(2) (2025 Edition), read 2026-10-02.
“(1) The maximum assessed value of property equals 103 percent of the property's assessed value from the prior year or 100 percent of the property's maximum assessed value from the prior year, whichever is greater. (2) ... the assessed value of property to which this section applies equals the lesser of: (a) The property's maximum assessed value; or (b) The property's real market value.”
oregonlegislature.govOr. Const. art. XI, 11 b(1), read 2026-10-02.
“MAXIMUM ALLOWABLE TAXES For Each $1000.00 of Property's Real Market Value Fiscal Year School System Other than Schools ... 1995-1996 $ 5.00 $10.00 and thereafter”
oregonlegislature.govOr. Const. art. XI, 11 b(3)(b), read 2026-10-02.
“(b) Taxes imposed to pay the principal and interest on bonded indebtedness incurred or to be incurred for capital construction or improvements, provided the bonds are offered as general obligations of the issuing governmental unit”
oregonlegislature.govORS 307.250(2)-(4) (2025 Edition), read 2026-10-02.
“(4) The amount of the exemption allowed under subsection (2) or (3) of this section shall equal 103 percent of the amount of the exemption for the prior tax year.”
oregon.govOregon Dept. of Revenue, Disabled Veteran or Surviving Spouse Property Tax Exemption (publication 150-310-676, January 2026), read 2026-10-02.
“you may be entitled to exempt $27,092 or $32,512 of your homestead property's assessed value from property taxes. The exemption amount increases by 3 percent each year.”

Bordering jurisdictions

Elsewhere in the region:

Rules verified October 2, 2026 by the Property Tax Calculator Editorial Team. Report a correction