97873 Property Tax Rate

Property owners in ZIP code 97873 (Seneca, Oregon) pay a median of $679/year in property taxes on homes valued at $157,100. This translates to an effective tax rate of 0.43%, which is 42% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97873 is approximately $57, which factors into escrow payments on mortgages. This ZIP code is located within Grant County. This is $2,316 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97873 has lower property taxes. ZIP codes with similar effective rates include 97476 (0.43%) and 97737 (0.44%).

In Seneca, property taxes represent approximately 0.9% of the median household income of $76,250, 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.