Multnomah County, Oregon property tax
The median homeowner in Multnomah County, Oregon pays $5,061 a year in property tax on a home worth $528,000, an effective rate of 0.96%. The national effective rate is 0.98%.
What the rate means here
Multnomah County taxes property at 0.96%, within a rounding error of the national 0.98%. With the rate close to typical, the $5,061 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #4 of 33 Oregon counties by effective rate, against a statewide 0.83%, and #1,134 nationally. The state runs from 0.99% in Umatilla County down to 0.53% in Curry County.
The median home costs 6.12 times the median household income of $86,247, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 22.01% of median income in gross rent. With 803,863 residents this is one of the larger counties in the country, so the medians here average across a genuinely varied housing market and hide a lot of local range.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Multnomah County | Oregon | United States | |
|---|---|---|---|
| Effective property tax | 0.96% | 0.83% | 0.98% |
| Median tax bill | $5,061 | $3,767 | $2,969 |
| Median home value | $528,000 | $454,200 | $303,400 |
| Median gross rent | $1,582 | $1,450 | $1,348 |
| Median household income | $86,247 | $80,426 | $78,538 |
| Home price to income | 6.12× | 5.65× | 3.86× |
| Rent as share of income | 22.01% | 21.63% | 20.6% |
| Owner-occupied | 54.1% | 63.37% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 803,863.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Washington County | 0.87% | $4,852 | $558,500 |
| Clackamas County | 0.87% | $5,051 | $577,900 |
| Lane County | 0.86% | $3,417 | $395,800 |
| Marion County | 0.88% | $3,382 | $383,300 |
| Jackson County | 0.76% | $3,032 | $400,200 |
Multnomah County property tax: common questions
What is the property tax rate in Multnomah County, Oregon?
The effective rate is 0.96% of home value, from a median tax bill of $5,061 against a median home value of $528,000. That is 0.02 points below the national 0.98%.
How much is property tax on a $400,000 home in Multnomah County?
Roughly $3,840 a year at the county effective rate of 0.96%.
Is Multnomah County expensive compared with the rest of Oregon?
It ranks #4 of 33 Oregon counties by effective property tax rate, and #1134 of 2,826 nationally. That is 0.13 points above the Oregon average of 0.83%.
What does housing cost in Multnomah County?
The median home is worth $528,000 and median gross rent is $1,582 a month. Median household income is $86,247, which puts the home at 6.12 times annual income and rent at 22.01% of it.