97846 Property Tax Rate

Property owners in ZIP code 97846 (Joseph, Oregon) pay a median of $2,395/year in property taxes on homes valued at $373,300. 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 97846 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Wallowa County. This is $600 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97846 has lower property taxes. ZIP codes with similar effective rates include 97754 (0.64%) and 97530 (0.64%).

In Joseph, property taxes represent approximately 3.5% of the median household income of $69,167, providing context for the relative tax burden on homeowners in this area.

Wallowa County property tax assessments reset to market value at sale under Oregon's Measure 50, eliminating the 3% annual growth cap — budget for a potentially steep increase in your first year's tax bill. Wallowa County does not offer a standalone homestead exemption, but eligible seniors (65+) and disabled owners can apply for property tax relief through state programs; contact the Wallowa County Assessor for income limits and documentation requirements. File your exemption request with the Wallowa County Assessor within 30 days of closing to ensure timely processing.