Klamath Falls, OR Property Tax Rates

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

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.72%

Avg Annual Tax

$1,870

Avg Home Value

$258,800

ZIP Codes

2

Property Tax Overview: Klamath Falls, OR

Klamath Falls has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.72%, which is 2% below the Oregon average of 0.74%. Annual property taxes range from $1,883 (ZIP 97601) to $1,856 (ZIP 97603).

For a home at Klamath Falls's median value of $258,800, property taxes add approximately $156/month to housing costs. Klamath Falls home values are below the Oregon median of $406,520, which moderates the overall monthly tax burden.

Property tax rates within Klamath Falls vary by 0.03 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 Klamath Falls, OR

ZIP CodeEffective RateMedian TaxMedian Home Value
976010.71%$1,883$266,500
976030.74%$1,856$251,100

Klamath Falls vs Oregon Average

Effective Tax Rate

Klamath Falls0.72%
Oregon Avg0.74%

2% below state average

Annual Property Tax

Klamath Falls$1,870
Oregon Avg$2,995

Median Home Value

Klamath Falls$258,800
Oregon Avg$406,520

Frequently Asked Questions

What is the average property tax rate in Klamath Falls, OR?

The average effective property tax rate in Klamath Falls, Oregon is 0.72%, based on 2 ZIP codes.

How much is property tax in Klamath Falls, OR?

The average median annual property tax in Klamath Falls is $1,870 per year, with a median home value of $258,800.

Which ZIP code in Klamath Falls has the lowest property tax rate?

ZIP code 97601 has the lowest effective tax rate in Klamath Falls at 0.71%, with a median annual tax of $1,883.

How many ZIP codes are in Klamath Falls, OR?

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

Which ZIP code in Klamath Falls has the highest property tax rate?

ZIP code 97603 has the highest effective tax rate in Klamath Falls at 0.74%, with a median annual tax of $1,856.

How do Klamath Falls property taxes compare to the Oregon average?

Klamath Falls's average effective rate of 0.72% is 2% below the Oregon state average of 0.74%.

What factors affect property tax rates between ZIP codes in Klamath Falls?

Property tax rate differences within Klamath Falls 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 Klamath Falls 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 Klamath Falls, 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 Klamath 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 →