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Oregon · County property tax · ACS 2024

Lake County Property Taxes

The median homeowner in Lake County pays $1,563 a year, an effective rate of 0.71%, notably lower than the U.S. average.

$1,563
Median tax / yr · Below-median bill
0.71%
Effective rate · Below-median rate
-22%
vs U.S. average
#23 of 36
rank in OR

The verdict

Homeowners in Lake County pay a median $1,563 a year in property tax, an effective rate of 0.71%, more affordable than 58% of U.S. counties (Census ACS 2024).

$1,563
Median annual tax bill, 2024
0.71%
Effective rate on median home
#1302 of 3135
U.S. counties by tax burden
-22%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($219,500). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Oregon. Population: 8,267. Owner-occupied homes: 2,343.

The median annual property tax in Lake County is $1,563, which is 60% lower than the Oregon state average and 22% below the national average. The effective tax rate is 0.71% on a median home value of $219,500. Property taxes represent 2.5% of the median household income in this county.

Lake County's rate standing among U.S. counties

Primary signal

The effective rate sits near the national middle

Lake County's 0.71% effective rate sits near the middle of 3,135 tracked counties (more affordable than 58%).

Decision signal 2

The bill sits below the Oregon median

Homeowners in Lake County pay a median annual property tax of $1,563, notably lower than the national median and far below the Oregon state median. On a $219,500 median home, that works out to an effective rate of 0.71% once the local assessment base and millage are combined.

Decision signal 3

Near the middle of Oregon counties by effective rate

Lake County ranks #23 of 36 counties in Oregon by effective rate (36% of in-state counties pay a lower rate).

Decision signal 4

Income and the tax bill sit in the middle band

Property taxes in Lake County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $62,787 median household income.

Informational notice

Figures describe the median homeowner household in Lake County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

The rate gave way faster than almost anywhere

Between the 2020 and 2024 releases the median home value in Lake County rose 36.3%, from $161,000 to $219,500. The effective rate fell 23.8% over the same span, a steeper move than in 91% of U.S. counties.

The median bill still rose 3.9%, to $1,563. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$1,563
Below-median bill
-60% vs State -22% vs US
Median Home Value
$219,500
-54% vs State -4% vs US
Effective Tax Rate
0.71%
Below-median rate
-12% vs State -23% vs US

How to read this county's bill

Very little moved here between 2020 and 2024: the typical bill went from $1,504 to $1,563, a change of 4%. The comparison describes county-level medians only; individual assessments and bills can differ.

The fullest band here is the $800 to $1,499 range, holding 709 of 2,343 owner-occupied homes (30.3%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.

Both figures cluster near the middle of the national range, and the median bill comes to 2.5% of median household income. Counties like this are the reason a national average exists at all, and also the reason it explains so little.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Lake County Homeowners Actually Pay

The single largest group of Lake County homeowners, 709 of 2,343 owner-occupied homes (30.3%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.

  • Less than $800 16.6% (390)
  • $800 to $1,499 30.3% (709)
  • $1,500 to $1,999 11.0% (257)
  • $2,000 to $2,999 20.1% (471)
  • $3,000 or more 18.6% (436)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

80 homes here (3.4%) report no real estate tax at all. Exemptions are set by state: how Oregon handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$1,942
$162/mo
Without Mortgage
$1,332
$111/mo

Mortgaged homeowners in Lake County pay a substantially higher bill, 46% more, pointing to a wide home-value gap between the two groups.

Lake County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Lake County 0.71%
Oregon average 0.81%
U.S. average 0.92%

Lake County's effective rate is higher than 36% of the 36 counties in Oregon - ranking #23 of 36.

Where Lake County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

0.71% more affordable than 58% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2024

Lake County vs Benchmarks

Metric Lake County Oregon Avg U.S. Avg
Median Annual Tax Below-median bill $1,563 $3,876 $1,993
Effective Tax Rate Below-median rate 0.71% 0.81% 0.92%
Median Home Value $219,500 $477,600 $227,791
Tax as % of income Above-median income burden 2.5% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Lake County is UNDER · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Oregon counties.

Lake County rate trail · UNDER

$1,350$1,400$1,450$1,500$1,550$1,600 20202021202220232024 $1,563
Lake County ACS median tax 2020–2024: +4% ($1,504 → $1,563).
Year Median Tax (vs prior release) Effective Rate
2024 $1,563 +11.1% 0.71%
2023 $1,407 +2.6% 0.64%
2022 $1,371 -1.6% 0.81%
2021 $1,393 -7.4% 0.87%
2020 $1,504 0.93%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Lake County: tax-to-income at 2.5%

Tax-to-Income Ratio
2.5%
of median household income
Median Income
$62,787
per year
Monthly Tax
$130
per month

Counties near Lake County's effective rate

On effective rate, Lake County sits nearest Creek County (OK), Warren County (NC), Wake County (NC).

On published median-tax change, the nearest matches are Brantley County (GA), Tift County (GA), Choctaw County (AL).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Lake County: only 4% of returns show Schedule A real-estate tax

Tax year 2022: 120 of 3,320 returns from Lake County reported real estate taxes, averaging $3,092 - 50% of those reporters sat in the $100-200k AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in Oregon

View all counties in Oregon →

Lake County rate FAQs

How does Lake County property tax compare to the national average?
Property taxes in Lake County run notably lower than the national median of $1,993, an effective rate of 0.71% versus 0.92% nationally.
What is the average property tax in Lake County, Oregon?
The median annual property tax in Lake County is $1,563, an effective rate of 0.71% on a $219,500 median home (Census ACS, 2024).
What is the tax affordability score for Lake County?
Lake County, Oregon scores D (47/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is rate relief at C (0.71%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
What percentage of income goes to property taxes in Lake County?
Property taxes in Lake County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $62,787 median household income.
Are property taxes increasing in Lake County?
The ACS median property-tax bill for Lake County ticked up 3.9% between the 2020 and 2024 5-year releases, from $1,504 to $1,563, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.

What to do with Lake County's UNDER rate

Inside Oregon, Lake County's $1,563 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Oregon overview →

Lake County ranks #23 of 36 Oregon counties by effective rate - on the lower-burden half of the state ACS set. Oregon overview →

Nationwide peers by effective rate (then bill)

Rate-first peers for Lake County's UNDER effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 0.71%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $1,563/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Lake County

Nearest ABS(median_tax) ACS peers for Lake County (UNDER · MID), replacing the old fixed Keep exploring strip.

UNDER MID

Data vintage and method

Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.

Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Lake County (UNDER · MID) - ACS medians, not a parcel bill.