Oregon Property Taxes Reach $10.07 Billion in 2025-26 Fiscal Year

The Oregon Department of Revenue reported that Oregon property taxes totaled $10.07 billion during the 2025-26 fiscal year, representing a 5.6% increase from the prior year. Total assessed property value rose by 5.1% to approximately $575 billion. Local option taxes increased by 9.2% to $955 million, while bond taxes rose 7.3% to $1.53 billion.

The increase in property tax revenue provides significant funding for local services. Almost 67% of the bond taxes collected during the year were designated for education districts. The report notes that individual property tax bills vary depending on the assessed value and the specific taxing districts applicable to the property.