ZIP Code 97321

In ZIP code 97321, which covers Corvallis, homes carry a median value of $473,100 while the county-level effective property tax rate sits at 0.87%. Households here earn a median of $99,416, with per-capita income at $47,273, so property taxes on a median-valued home amount to roughly $4,116 a year — a meaningful sum, though one that a two-earner household at the median income can absorb without straining. Oregon has no sales tax, so the 0.00% combined rate leaves more of each paycheck available for mortgage payments, insurance, and upkeep on a home priced well above many parts of the state.