Example of Tillamook County Property Tax Calculation
When calculating Tillamook County property taxes, the value of the property is determined by the county assessor's office. They then multiply the assessed value by the current tax rate, which is set by the county government.
For example, if a 10-year-old's family owns a home in Tillamook County with an assessed value of $200,000 and the current tax rate is 1%, the property tax calculation would be as follows:
Assessed value: $200,000 Tax rate: 1% (or 0.01)
$200,000 x 0.01 = $2,000
Therefore, the property taxes for the year would be $2,000. This amount may be subject to additional fees and special assessments depending on the location and type of property.
If you want appeal your property tax assessment - contact your local tax assessor.
Tillamook County Property Tax Rates
Here's a formatted table listing the Tillamook County Property Tax rates in US dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $1.4781 |
| City of Bay City | $2.0753 |
| City of Garibaldi | $1.8313 |
| City of Manzanita | $2.2646 |
| City of Nehalem | $1.7345 |
| City of Rockaway Beach | $2.0028 |
| City of Tillamook | $1.8285 |
| City of Wheeler | $2.0257 |
| Netarts-Oceanside RFD | $1.4465 |
| Pacific City Joint Water-Sewer | $5.5229 |
| South Prairie RFD | $2.1818 |
These rates are accurate as of the time of writing, and may be subject to change.
Who sets property tax rates in Tillamook County ?
Who sets property tax rates in Tillamook County?
The Tillamook County Board of Commissioners sets the property tax rates every year. They are responsible for establishing the budget for the county and determining the necessary tax levy to fund it.
When are property tax rates set in Tillamook County?
Property tax rates are typically set annually in Tillamook County. The Board of Commissioners typically begins the budget process in the spring and finalizes the budget and tax rates by the end of June.
Property tax bills are typically mailed out in October, with payment due by November 15th. It's important for property owners to be aware of these deadlines and to pay their property taxes on time to avoid penalties and interest charges.
Homestead exemptions in Tillamook County ?
To help Tillamook County residents understand their Homestead exemptions and deductions, we've created a table below outlining all of the county-specific information. Be sure to check with your local tax authority for the most up-to-date information, as these may change from year to year.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Senior Citizen or Disabled Persons | Age 62 or disabled | Up to $30,000 | Must have resided in the home for at least 5 years |
| Disabled Veterans | Service-connected disability rating of at least 40% | Up to $18,000 | Applies to primary residence only |
| Surviving Spouses of Public Safety Officers | Spouse of a public safety officer killed in the line of duty | Up to $250,000 | Applies to primary residence only |
| Home Improvement | Improvements made to the home | Up to $10,000 | Must have a building permit and increase the value of the property by at least the exemption amount |
Please note that these exemptions and deductions are specific to Tillamook County in Oregon and may not apply to other counties or states. It's always important to do your research and consult with a tax professional if you have any questions.
When is Tillamook County Property Tax due ?
Tillamook County Property Tax typically due on November 15th each year. However, in case November 15 falls on a weekend or a holiday, the due date gets shifted to the next business day.
Here are the payment methods accepted for Tillamook County Property Tax:
| Payment Method | Accepted By |
|---|---|
| Online Payment via Credit/Debit Card or eCheck | Tillamook County website |
| Mail-in Payment via Check or Money Order | Tillamook County Treasurer's Office |
| In-Person Payment via Check, Cash, Credit/Debit Card, or Money Order | Tillamook County Treasurer's Office |
Please keep in mind that if you choose to pay your property tax via credit/debit card, there will be a convenience fee charged by the payment processing company.
It is advisable to pay the property tax on time to avoid any late fees or penalties. In case of any queries or concerns, you can reach out to the Tillamook County Treasurer's Office.
If you have more questions - contact your local tax collector.
How is Tillamook County Property Tax penalty calculated ?
Tillamook County Property Tax Penalty Calculation
In Tillamook County, property taxes are due on November 15th of each year. If the taxes are not paid in full by that date, a penalty fee will be applied to the unpaid amount. The penalty fee is calculated based on the number of days past due and the interest rate set by the State of Oregon.
The formula for calculating the penalty fee is as follows:
Unpaid Amount Daily Penalty Rate Number of Days Past Due
The daily penalty rate is determined by taking the annual interest rate set by the State of Oregon and dividing it by 365. For example, if the interest rate is 2%, the daily penalty rate would be 0.0055%.
Let's say a property owner in Tillamook County has not paid their property taxes of $5,000 by the due date of November 15th. As of December 15th, they are 30 days past due. The penalty fee would be calculated as follows:
$5,000 0.0055% 30 = $8.25
Therefore, the property owner would owe a penalty fee of $8.25 in addition to their unpaid property taxes.
It's important to note that if property taxes remain unpaid for an extended period of time, the county may take legal action to collect the unpaid amount. It's always best to pay property taxes on time to avoid additional fees and potential legal issues.
We recommend contacting the Tillamook County Tax Office or a local tax professional for the most up-to-date and accurate information.