Property Tax & Income in Multnomah County, Oregon
Multnomah County has an effective property tax rate of 0.96%. On the median home value of $552,700, that's roughly $5,301 per year. Median household income is $88,766.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Multnomah County | Oregon (state context) |
|---|---|---|
| Effective property tax rate1 | 0.96% | 0.75% |
| Median home value1 | $552,700 | — |
| State income tax3 | top rate 9.90% | top rate 9.90% |
| State sales tax3 | 0.00% combined | 0.00% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Multnomah County, OR
Multnomah County’s effective property tax rate of 0.959% sits above both the Oregon median of 0.746% and the national median of 0.794%. Among Oregon’s 36 counties, it ranks second, meaning only one other county in the state taxes property at a higher effective rate. That ranking signals a heavier reliance on property taxes here than in most of the country and nearly all of Oregon. A median home value of $552,700 generates a median annual real-estate tax bill of $5,301, set against a median household income of $88,766 and per-capita income of $53,996. Portland anchors the county, which also includes Fairview and Gresham. The gap between Multnomah’s rate and the state figure is meaningful: homeowners here commit a larger share of property value to taxes than is common elsewhere in Oregon.