97634 Property Tax Rate

Property owners in ZIP code 97634 (Midland, Oregon) pay a median of $1,646/year in property taxes on homes valued at $259,800. This translates to an effective tax rate of 0.63%, which is 14% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97634 is approximately $137, which factors into escrow payments on mortgages. This ZIP code is located within Klamath County. This is $1,349 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97634 has lower property taxes. ZIP codes with similar effective rates include 97392 (0.63%) and 97636 (0.63%).

In Midland, property taxes represent approximately 2.5% of the median household income of $65,950, 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—expect your tax bill to reflect your buying price in the year following closing. Klamath County does not offer a statewide homestead exemption; seniors 65+ and disabled homeowners should contact the Klamath County Assessor within 30 days of purchase to apply for available county relief programs. Request your Notice of Assessed Value and file a formal appeal with the Klamath County Assessor if the assessed value exceeds comparable recent sales.