What You’ll Pay in Property Taxes in Beaverton
Property taxes in Beaverton are generally in line with the state average, typically falling between 0.8%–1.2% annually. The typical property tax rate in Beaverton is around 1.0%. For a home valued at $400,000, that equates to about $4,000 per year in property taxes.
Keep in mind that property tax rates can vary depending on the specific neighborhood and any special assessments or levies that may apply. It’s always a good idea to check with the Washington County Assessor’s Office for the most accurate and up-to-date property tax information for any home you’re considering purchasing.
While property taxes in Beaverton may seem high compared to some other parts of the country, they are actually quite reasonable for the Portland metro area. Cities like Portland and Lake Oswego tend to have slightly higher property tax rates, while rates in Hillsboro and Tigard are generally comparable to Beaverton.
How HOA Fees Work in Beaverton
HOA stands for Homeowners Association. If you purchase a home in a planned development or gated community in Beaverton, chances are you’ll be required to pay HOA fees. These fees cover the costs of maintaining and improving common areas and amenities within the community.
In Beaverton, HOA fees often include:
- Landscaping and maintenance of common green spaces
- Upkeep of community amenities like pools, clubhouses, and fitness centers
- Trash collection and recycling services
- Exterior maintenance and repairs for condos and townhomes
- Irrigation and xeriscaping services to minimize water usage
The specific amenities and services covered by HOA fees can vary widely from one community to the next. Some neighborhoods may offer basic services like common area maintenance and trash collection, while higher-end developments may include perks like gated security, concierge services, and on-site management. Be sure to carefully review the HOA’s Covenants, Conditions, and Restrictions (CC&Rs) document before purchasing a home to understand exactly what is (and isn’t) included in your monthly fees.
Typical Monthly HOA Costs
The average HOA fee in Beaverton ranges from $200 to $400 per month. However, fees can be as low as $100 in neighborhoods with minimal amenities or as high as $1,000 or more in luxury developments. Here’s a quick breakdown of what you can expect to pay in three common scenarios:
| Type of Community | Typical Monthly HOA Fee |
|---|---|
| Low-amenity neighborhood | $100 – $250 |
| Average suburban development | $250 – $450 |
| Luxury or high-rise condo | $450 – $1,000+ |
For example, let’s say you purchase a $450,000 home in Beaverton with a 1.0% property tax rate and a $300 monthly HOA fee. Your total monthly costs for property taxes and HOA would be around $675 per month.
🏆 Winner: Neighborhoods with fewer amenities tend to have lower HOA fees, like $100–$250/month. If you don’t plan to use community pools, fitness centers, or other perks, opting for a low-amenity neighborhood can help keep your monthly housing costs down.
Hidden or Seasonal Fees to Expect
In addition to your regular monthly HOA fee, there are a few hidden fees to watch out for when living in Beaverton:
- Special assessments: If your community needs to make a major repair or improvement (like replacing a roof or repaving roads), the HOA may levy a special assessment to cover the cost. These one-time fees can range from a few hundred to several thousand dollars.
- Utility surcharges: In summer months, irrigation surcharges for homeowners in Beaverton can add up to $50/month. Some HOAs may also charge extra fees for trash collection, recycling, or sewer services.
- Late payment penalties: If you miss an HOA payment or pay late, expect to be charged a late fee (typically around $25-50). Chronic late payments may also result in legal action from the HOA.
- Pet rent: Some HOAs charge extra fees for homeowners with pets, either as a one-time registration fee or an ongoing monthly “pet rent.” These fees usually range from $25-50 per month.
Before buying an HOA home in Beaverton, be sure to ask about any seasonal fees or one-time assessments that may come up throughout the year. It’s better to know about these potential costs upfront so you can budget accordingly.
Are These Costs Worth It?
For many homeowners in Beaverton, paying HOA fees is well worth the benefits they receive in return. HOAs help maintain property values by enforcing community standards and providing desirable amenities. They also take care of common area maintenance and repairs, which can save homeowners time and money in the long run.
Of course, there are some downsides to HOA living as well. Homeowners may chafe at the restrictions and rules imposed by the HOA, such as limits on exterior paint colors, landscaping choices, or the number of pets allowed. HOA fees can also be a significant added cost on top of your mortgage payment, property taxes, and insurance.
Ultimately, whether HOA fees are worth it depends on your personal preferences and priorities. If you value a well-maintained community with resort-style amenities, you may find that the benefits of HOA living outweigh the costs. On the other hand, if you prefer a more independent lifestyle without the added fees and restrictions, a non-HOA neighborhood may be a better fit.
FAQs About Property Tax and HOA in Beaverton
How much is the average HOA fee in Beaverton?
The average HOA fee in Beaverton is $200-400 per month. However, fees can range from $100 to over $1,000 depending on the amenities and services offered.
Can my HOA fees increase?
Yes, HOA fees can increase over time to keep up with inflation, rising maintenance costs, or new amenity construction. However, any fee increases must be approved by the HOA board and are typically capped at a certain percentage per year.
Do I have to pay both property taxes and HOA fees?
Yes, property taxes and HOA fees are separate expenses. Property taxes are paid to the county government, while HOA fees are paid to your homeowners association to cover the costs of maintaining and improving your community.
How do property taxes in Beaverton compare to other cities?
Property taxes in Beaverton are slightly lower than in Portland and Lake Oswego, but generally on par with rates in Hillsboro and Tigard. Beaverton’s typical tax rate of 1.0% is in line with the Washington County average.
Is an HOA worth it for first-time homebuyers?
It depends on your budget and preferences. HOA fees can add hundreds to your monthly housing costs, but they also provide access to amenities and services that may be important to you. Be sure to weigh the pros and cons carefully before deciding whether an HOA home is right for you.
Final Cost Insights for Beaverton Homeowners
When budgeting for a home purchase in Beaverton, be sure to factor in both property taxes and HOA fees. While these costs can add up, they also provide valuable benefits in terms of community maintenance, amenities, and property value protection.
On average, expect to pay around 1.0% of your home’s value in property taxes each year, plus $200-400 per month in HOA fees. Keep in mind that these costs can vary widely depending on your specific neighborhood and community amenities. Be sure to review your HOA’s budget and fee schedule carefully before making an offer on a home.
It’s also a good idea to explore housing costs in Beaverton by type to understand how property taxes and HOA fees vary between single-family homes, condos, and townhomes. By doing your research and budgeting carefully, you can find the right balance of costs and benefits to fit your needs in Beaverton.