Calculate using real Portland data. Median home price: $475,000. Property tax rate: 1.02%.
The effective property tax rate in Portland, OR is 1.02%. On the median home value of $475,000, that equals approximately $4,845 per year.
At the 1.02% effective rate, a $475,000 home in Portland, OR would pay about $4,845 annually, or $404 per month.
The 1.02% rate in Portland, OR is near the national average of roughly 1.1%.