Latest Tax Rates

October 13, 2009 · Print This Article

Want to look at comparative tax rates around the Central Oregon area? Deschutes County Title just sent me this handy flyer.

The values you see in the flyer are what we call millage rates, or tax dollars per $1,000 of property valuation. For instance if the tax assessor says your home is worth $200,000 and you live in an area where the millage rate is 15.3276, you could expect to pay taxes equal to $200,000 / 1,000 x 15.3276, or $3,065.52. There can be a number of other factors that will affect your final tax bill, but this will give you a general idea. For real expert information, call Deschutes County Tax office at 541-388-6540.

One thing that most folks are struck by when looking at the area tax schedule is how much higher Redmond’s taxes are than Bend’s.  This is an important factor when assessing a property as an investment.  For more ideas about what’s important in investment properties, give me a call, at 541-647-1491.

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