97820 Property Tax Rate

Property owners in ZIP code 97820 (Canyon City, Oregon) pay a median of $1,981/year in property taxes on homes valued at $217,800. This translates to an effective tax rate of 0.91%, which is 23% above the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97820 is approximately $165, which factors into escrow payments on mortgages. This ZIP code is located within Grant County. This is $1,014 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97820 has lower property taxes. ZIP codes with similar effective rates include 97868 (0.91%) and 97720 (0.91%).

In Canyon City, property taxes represent approximately 2.3% of the median household income of $85,455, providing context for the relative tax burden on homeowners in this area.

Under Oregon's Measure 50, your property's assessed value will reset to the purchase price at sale, breaking the 3% annual growth cap that applied to the prior owner. Grant County does not maintain a county homestead exemption, but the Grant County Assessor administers senior citizen and disabled person property tax deferral programs — eligibility typically requires age 62+ or permanent disability and low income. File your deferral or exemption application with the Grant County Assessor immediately upon purchase to lock in your tax status for the current year.