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Multnomah County · Oregon

Portland, OR property tax

The median annual bill, the effective rate behind it, and what that rate costs at any home value — from Census ACS estimates, not an assessor's marketing page.

Quick answer

The median homeowner in Portland, OR pays $5,495 a year in real estate taxes, an effective rate of 0.99% of the $557,600 median home value. That is 1% above the national effective rate of 0.98%.

Effective rate
0.99%US average 0.98%
Median annual bill
$5,495#15 of 94 metros
Per month
$458Median bill divided by 12
Median home value
$557,600US $303,400

Property tax calculator

Enter a home value to estimate the annual bill and the monthly escrow at Portland, OR's effective rate. Adjust the exemption or the rate if your parcel differs.

Taxable value
$557,600
Annual tax
$5,520
Per month
$460

Estimate only. Assessment ratios, homestead caps and special districts can move a real bill either way.

What property tax costs at each home value

Applying Portland's 0.99% effective rate to common home values.

Estimated annual and monthly property tax by home value in Portland
Home valueAnnual taxPer month
$200,000$1,980$165
$350,000$3,465$289
$500,000$4,950$413
$750,000$7,425$619
$1,000,000$9,900$825

Estimates only. Assessment ratios, homestead and senior exemptions, special assessment districts and recent reassessments all move a real bill away from the metro-wide median. Confirm with the county assessor before budgeting.

Related data for Portland

The other numbers that decide what living here costs.

Source: US Census Bureau, American Community Survey 5-year estimates

Tables B25103 and B25077, 2019-2023 ACS 5-year. Effective rate is median taxes paid divided by median home value, computed by us and documented on the methodology page.