Hillsboro, OR Property Tax Rates

Compare property tax rates across 2 ZIP codes in Hillsboro, Oregon.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.86%

Avg Annual Tax

$4,317

Avg Home Value

$503,800

ZIP Codes

2

Property Tax Overview: Hillsboro, OR

Hillsboro has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.86%, which is 16% above the Oregon average of 0.74%. Annual property taxes range from $4,166 (ZIP 97123) to $4,468 (ZIP 97124).

For a home at Hillsboro's median value of $503,800, property taxes add approximately $360/month to housing costs. Hillsboro home values are above the Oregon median of $406,520, meaning the monthly tax impact is correspondingly higher.

Property tax rates within Hillsboro vary by 0.01 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Hillsboro, OR

ZIP CodeEffective RateMedian TaxMedian Home Value
971230.85%$4,166$489,100
971240.86%$4,468$518,500

Hillsboro vs Oregon Average

Effective Tax Rate

Hillsboro0.86%
Oregon Avg0.74%

16% above state average

Annual Property Tax

Hillsboro$4,317
Oregon Avg$2,995

Median Home Value

Hillsboro$503,800
Oregon Avg$406,520

Frequently Asked Questions

What is the average property tax rate in Hillsboro, OR?

The average effective property tax rate in Hillsboro, Oregon is 0.86%, based on 2 ZIP codes.

How much is property tax in Hillsboro, OR?

The average median annual property tax in Hillsboro is $4,317 per year, with a median home value of $503,800.

Which ZIP code in Hillsboro has the lowest property tax rate?

ZIP code 97123 has the lowest effective tax rate in Hillsboro at 0.85%, with a median annual tax of $4,166.

How many ZIP codes are in Hillsboro, OR?

Hillsboro, Oregon has 2 ZIP codes with property tax data available.

Which ZIP code in Hillsboro has the highest property tax rate?

ZIP code 97124 has the highest effective tax rate in Hillsboro at 0.86%, with a median annual tax of $4,468.

How do Hillsboro property taxes compare to the Oregon average?

Hillsboro's average effective rate of 0.86% is 16% above the Oregon state average of 0.74%.

What factors affect property tax rates between ZIP codes in Hillsboro?

Property tax rate differences within Hillsboro are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Hillsboro Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Oregon reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Hillsboro, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Washington County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →