97827 Property Tax Rate

Property owners in ZIP code 97827 (Elgin, Oregon) pay a median of $1,626/year in property taxes on homes valued at $233,000. This translates to an effective tax rate of 0.70%, which is 6% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97827 is approximately $136, which factors into escrow payments on mortgages. This ZIP code is located within Union County. This is $1,369 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97827 has higher property taxes. ZIP codes with similar effective rates include 97503 (0.70%) and 97114 (0.70%).

In Elgin, property taxes represent approximately 2.8% of the median household income of $58,750, providing context for the relative tax burden on homeowners in this area.

Oregon's Measure 50 resets your assessed value to market price at purchase, ending the prior owner's 3% annual increase protection — your first bill will reflect the full current market value. Union County offers no county-specific homestead exemption; contact the Union County Assessor to verify whether you qualify for state senior citizen property tax exemption (generally for owners 65+ with limited income) or veteran exemptions. Apply for any available exemptions with the Union County Assessor within 30 days of taking title.