Portland, Oregon

ZIP Code 97206 Property Tax Analysis

Detailed property tax intelligence for your neighborhood

$6,825
Avg Property Tax
$525,000
Median Home Value
1.3%
Tax Rate
1,200
Potential Appeals

Your Neighborhood Tax Analysis

ZIP 97206 Quick Facts

Population
25,000
Median Income
$75,000
Potential Savings
$2,048/yr
Success Rate
37%

High Tax Burden Alert

Properties in 97206 pay 176% more than the national average. Many homeowners are successfully appealing.

Why 97206 Properties Get Overassessed

  • • Rapid market changes not reflected in assessments
  • • Inconsistent neighborhood comparisons
  • • Outdated property characteristics on file
  • • Assessment errors and calculation mistakes

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When we launch in 97206:

  • ✓ Instant property tax comparison
  • ✓ Neighbor payment analysis
  • ✓ Appeal success predictions
  • ✓ Step-by-step appeal guidance

Property Tax Guide for ZIP Code 97206

ZIP code 97206 in Portland, Oregon has unique property tax characteristics that affect homeowners differently based on their specific location and property type. With an average property tax of $6,825 and a median home value of $525,000, residents face an effective tax rate of 1.3%.

Understanding Your 97206 Property Tax Bill

Property taxes in 97206 are calculated based on your home's assessed value multiplied by the local tax rate. However, many assessments don't accurately reflect current market conditions, leading to overassessment and higher taxes than necessary.

Property Tax Appeals in 97206

Homeowners in ZIP code 97206 who successfully appeal their property tax assessments save an average of $2,048 per year. The key to a successful appeal is having accurate data showing that similar properties in your neighborhood are assessed at lower values or that your property's assessed value exceeds its true market value.

Next Steps for 97206 Homeowners

Whether you're a current homeowner looking to reduce your tax burden or a prospective buyer wanting to understand the true cost of ownership in 97206, having access to comprehensive property tax data is essential. Our platform provides the insights you need to make informed decisions and potentially save thousands on your annual property taxes.