97054 Property Tax Rate

Property owners in ZIP code 97054 (Deer Island, Oregon) pay a median of $2,635/year in property taxes on homes valued at $426,400. This translates to an effective tax rate of 0.62%, which is 16% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97054 is approximately $220, which factors into escrow payments on mortgages. This ZIP code is located within Columbia County. This is $360 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97054 has higher property taxes. ZIP codes with similar effective rates include 97020 (0.62%) and 97390 (0.62%).

In Deer Island, property taxes represent approximately 3.1% of the median household income of $84,518, providing context for the relative tax burden on homeowners in this area.

Under Measure 50, Columbia County will reassess your property to market value at purchase and apply a 3% annual cap on growth — your tax base resets at the closing date. Columbia County offers senior and disabled exemption programs; contact the Columbia County Assessor's office to review income eligibility thresholds and submit your application within 30 days of closing. Request your Notice of Assessment from the Columbia County Assessor to verify your assessed value was recorded at the purchase price and any exemptions are properly noted.