97330 Property Tax Rate

Corvallis, Oregon · Part of Benton County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

1.04%

72.3% above state avg

Median Annual Tax

$5,160

$430/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$5,160

Monthly

$430

Eff. Rate

1.04%

vs. Oregon Avg72.3% above
vs. National Avg91.8% above

Buyer decision brief

What ZIP 97330 means for your housing budget

Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.

Monthly escrow signal

$430/mo

Based on median annual tax paid

State context

0.30 percentage points above the Oregon average

Oregon average: 0.74%

Data confidence

High confidence

The Census margin of error is $273, about 5% of the median tax estimate.

Verify before you offer

  • Confirm parcel assessed value with Benton County assessor.
  • Check homestead, senior, veteran, and disability exemptions.
  • Ask whether purchase triggers reassessment or value-cap reset.
  • Review school district and special assessment boundaries.

This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.

Data confidence ledger

Can you trust ZIP 97330 for comparison?

Quality score 96/100

ACS vintage

2019-2023 ACS 5-Year Estimates

Five-year Census ZCTA estimates.

ZCTA caveat

Census area, not parcel boundary

USPS ZIP routes and taxing districts can differ inside the same area.

Field completeness

3/3 required fields

Median tax, home value, and derived rate are present.

MOE status

Strong ACS confidence

$273 tax MOE, 5% of the median tax estimate.

Last site refresh

March 10, 2026

Dataset and page-quality audit run locally before publication.

County fallback

County advisory available

Benton County is used for assessor verification and broader context.

Tax bill anatomy

What can change your actual bill in ZIP 97330

Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.

Assessed value

The ZCTA median home value is $495,700, but your bill starts with the local assessed value for a specific parcel.

Effective rate

The displayed rate is 1.04%, derived from median tax paid divided by median home value.

Exemptions

Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.

Reassessment

A purchase can change assessed value depending on Oregon and county rules. Ask how sale price affects the next assessment cycle.

Escrow impact

The median tax paid in this ZCTA equals about $430 per month before insurance, HOA dues, or special assessments.

Assessor verification

Benton County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.

How ZIP 97330 Compares

Median Annual Property Tax

ZIP 97330$5,160
Oregon Average$2,995
National Average$2,690

ZIP 97330

1.04%

Effective rate

Oregon Avg

0.74%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Oregon

0.13%state avg 0.74%1.44%

Higher than 94% of ZIP codes in Oregon(94th percentile, 373 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 97330

Property owners in ZIP code 97330 (Corvallis, Oregon) pay a median of $5,160/year in property taxes on homes valued at $495,700. This translates to an effective tax rate of 1.04%, which is 41% above the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97330 is approximately $430, which factors into escrow payments on mortgages. This ZIP code is located within Benton County. This is $2,165 more than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97330 has higher property taxes. ZIP codes with similar effective rates include 97302 (1.04%) and 97306 (1.04%).

In Corvallis, property taxes represent approximately 7.5% of the median household income of $69,127, providing context for the relative tax burden on homeowners in this area.

Under Oregon's Measure 50, your assessed value is capped at 3% annual increase, but resets to market value at purchase—your first tax bill will be based on your buying price. Benton County does not offer a statewide homestead exemption; seniors 65+ and disabled homeowners should contact the Benton County Assessor immediately to apply for available county relief programs and confirm filing deadlines. Request your assessed value notice within 30 days of closing and file an appeal with the Benton County Assessor if the value exceeds comparable recent sales in your area.

Frequently Asked Questions

What is the property tax rate in ZIP code 97330?
The effective property tax rate in ZIP code 97330 (Corvallis, OR) is 1.04%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Corvallis, OR (97330)?
The median annual property tax payment in ZIP code 97330 is $5,160. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 97330 compare to the Oregon average?
ZIP code 97330's effective tax rate of 1.04% is higher than the Oregon state average of 0.74%. The median annual property tax in this ZIP is $5,160, compared to the state average of $2,995.
What is the median home value in ZIP 97330?
The median home value in ZIP code 97330 (Corvallis, OR) is $495,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 97330 in?
ZIP code 97330 is part of Benton County in Oregon. For broader county-level property tax data, including comparisons with other counties in Oregon, visit the Benton County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$273. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 97330 is part of Benton County, Oregon. View the full county profile for broader context and more data.

View Benton County on TaxByCounty →

Explore Corvallis, OR

View all 2 ZIP codes in Corvallis with property tax comparisons.

View Corvallis Property Tax Rates →
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →