97111 Property Tax Rate

Property owners in ZIP code 97111 (Carlton, Oregon) pay a median of $3,185/year in property taxes on homes valued at $472,900. This translates to an effective tax rate of 0.67%, which is 9% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97111 is approximately $265, which factors into escrow payments on mortgages. This ZIP code is located within Yamhill County.

Compared to similar ZIP codes in Oregon, 97111 has higher property taxes. ZIP codes with similar effective rates include 97002 (0.67%) and 97479 (0.67%).

In Carlton, property taxes represent approximately 3.3% of the median household income of $95,121, providing context for the relative tax burden on homeowners in this area.

Under Measure 50, Yamhill County will reassess your property to market value at purchase and apply a 3% annual increase cap thereafter — your tax base resets at closing. Yamhill County provides senior and disabled homeowner exemption programs with income eligibility requirements; contact the Yamhill County Assessor's office to determine if you qualify. File your exemption application with the Yamhill County Assessor within 30 days of closing and request your tax statement to confirm your assessed value was recorded correctly.