97031 Property Tax Rate

Property owners in ZIP code 97031 (Hood River, Oregon) pay a median of $3,607/year in property taxes on homes valued at $608,100. This translates to an effective tax rate of 0.59%, which is 20% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97031 is approximately $301, which factors into escrow payments on mortgages. This ZIP code is located within Hood River County. This is $612 more than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97031 has higher property taxes. ZIP codes with similar effective rates include 97141 (0.59%) and 97447 (0.59%).

In Hood River, property taxes represent approximately 4.2% of the median household income of $86,085, providing context for the relative tax burden on homeowners in this area.

Oregon's Measure 50 resets your assessed value to the purchase price at sale, with a 3% annual cap on increases thereafter — Hood River County will establish your new tax base at closing. Hood River County administers senior and disabled property tax programs; contact the Hood River County Assessor's office to confirm eligibility requirements and income limits. File any exemption applications with the Hood River County Assessor within 30 days of purchase and request documentation of your assessed value to ensure the correct baseline was set.