How Property Tax Works
Multnomah County's property tax system serves as the primary funding mechanism for essential local services including schools, fire protection, parks, libraries, and county operations. Property taxes in Multnomah County are collected annually and calculated based on the assessed value of real property within the county boundaries. The county encompasses Portland and surrounding communities, making it Oregon's most populous county with diverse property tax needs.
The effective property tax rate in Multnomah County typically ranges from 1.0% to 1.4% of assessed value, depending on your specific location and the various taxing districts that serve your property. Unlike some states, Oregon does not have a statewide assessment cap, allowing property values to be reassessed annually based on current market conditions. Tax statements are mailed before October 25 each year, with the county offering multiple payment options to accommodate different taxpayer preferences.