97754 Property Tax Rate

Property owners in ZIP code 97754 (Prineville, Oregon) pay a median of $2,556/year in property taxes on homes valued at $397,700. This translates to an effective tax rate of 0.64%, which is 13% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97754 is approximately $213, which factors into escrow payments on mortgages. This ZIP code is located within Crook County. This is $439 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97754 has lower property taxes. ZIP codes with similar effective rates include 97530 (0.64%) and 97147 (0.64%).

In Prineville, property taxes represent approximately 3.3% of the median household income of $76,698, 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. Crook County does not offer a statewide homestead exemption; seniors 65+ and disabled homeowners should contact the Crook 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 Crook County Assessor within 30 days of receipt if the assessed value exceeds comparable recent sales.