What You’ll Pay in Property Taxes in Tigard
As a homeowner in Tigard, Oregon, it’s crucial to understand the property tax rates you can expect to pay. Property taxes in Tigard are generally in line with the state average, typically falling between 0.8%–1.2% annually. While rates can vary based on the specific neighborhood and home value, the typical property tax rate in Tigard is around 1.0%.
For a home valued at $400,000, this translates to an annual property tax bill of approximately $4,000. It’s important to factor in these costs when budgeting for homeownership in Tigard. Keep in mind that property taxes fund essential services like schools, public safety, and infrastructure maintenance, contributing to the overall quality of life in the community.
How HOA Fees Work in Tigard
In addition to property taxes, many neighborhoods in Tigard have Homeowners Associations (HOAs) that charge monthly or annual fees. These fees cover various services and amenities that benefit the community. Common inclusions in HOA fees are:
- Trash collection
- Landscaping and common area maintenance
- Community pool access
- Clubhouse usage
- Security or neighborhood patrols
HOA fees in Tigard can vary significantly depending on the neighborhood and the amenities provided. Some communities may offer basic services, while others feature extensive amenities like fitness centers, tennis courts, and walking trails. It’s essential to review the specific HOA agreement for any home you’re considering purchasing to understand what’s included and any restrictions or rules you’ll need to follow as a resident.
Typical Monthly HOA Costs
In Tigard, HOA fees typically range from $70 to $200 per month. However, some luxury or amenity-heavy developments may have higher fees. Here’s a comparison of common HOA fee ranges in Tigard:
| Neighborhood Type | Monthly HOA Fee Range |
|---|---|
| Low-fee neighborhood | $70 – $120 |
| Average suburban HOA | $120 – $170 |
| Luxury/amenity-heavy development | $170 – $200+ |
| Example Monthly Cost: $295k home with 0.8% property tax + $150 HOA | ≈ $345/month |
For most homeowners in Tigard, neighborhoods with fewer amenities tend to have lower HOA fees, like $70–$120/month. This can be a more cost-effective option, especially for those on a tighter budget.
Hidden or Seasonal Fees to Expect
Beyond regular property taxes and HOA fees, there are some hidden fees to watch out for when living in Tigard. These can include:
- Permit fees for home renovations or additions
- Bulk trash or large item disposal surcharges
- Seasonal irrigation charges for watering lawns and landscaping
In summer months, irrigation surcharges for homeowners in Tigard can add up to $20-$50/month, depending on the size of your property and water usage. Some HOAs include basic irrigation in their fees, so be sure to check your specific agreement.
Are These Costs Worth It?
While property taxes and HOA fees can add to the overall cost of homeownership, they also provide value to residents. Property taxes fund important public services, while HOA fees often cover amenities and services that enhance quality of life and property values.
In Tigard, HOA-managed neighborhoods often benefit from well-maintained common areas, consistent landscaping, and recreational facilities. This can foster a strong sense of community and help protect property values over time. However, it’s important to weigh the costs and benefits based on your individual priorities and budget.
For those considering buying a home in Tigard, it’s wise to factor in both property taxes and HOA fees when evaluating housing costs by type. In many cases, the benefits of HOA living, such as maintained amenities and higher resale value, can outweigh the monthly costs.
FAQs About Property Tax and HOA in Tigard
How much is the average HOA in Tigard?
The average HOA fee in Tigard ranges from $120 to $170 per month. However, fees can be as low as $70 in neighborhoods with fewer amenities, or upwards of $200 in luxury developments.
Can your HOA fees increase?
Yes, HOA fees can increase over time to keep up with inflation, rising maintenance costs, or new amenity additions. Any increases must be approved by the HOA board and are typically capped at a certain percentage annually.
Do you pay both property tax and HOA?
Yes, homeowners in Tigard pay both property taxes and HOA fees (if their neighborhood has an HOA). Property taxes are paid to the county, while HOA fees are paid directly to the homeowners association.
How do property tax rates compare between neighboring cities?
Property tax rates in Tigard are similar to those in neighboring cities like Beaverton and Tualatin, typically ranging from 0.8% to 1.2% of assessed home value. However, rates can vary slightly based on the specific tax district and local levies.
Is an HOA fee worth it for new homeowners?
Whether HOA fees are worth it depends on your individual preferences and priorities. If you value amenities, maintained common areas, and consistent community standards, the benefits of an HOA may outweigh the costs. However, if you prefer more autonomy and don’t mind handling your own landscaping and exterior maintenance, a non-HOA neighborhood may be a better fit.
Final Cost Insights for Tigard Homeowners
For homeowners in Tigard, property taxes and HOA fees are important costs to factor into your overall housing budget. While the average property tax rate hovers around 1%, HOA fees can range from $70 to $200+ per month, depending on your neighborhood and amenities.
Despite these added costs, many residents find that the benefits of HOA living, such as well-maintained common areas, recreational facilities, and preserved property values, make the fees worthwhile. Ultimately, it’s essential to weigh the costs and benefits based on your unique situation and long-term homeownership goals.
By understanding the typical property tax rates and HOA fees in Tigard, you can make a more informed decision when purchasing a home and budgeting for ongoing costs. With careful planning and the right neighborhood choice, you can enjoy all that Tigard has to offer while keeping your housing costs manageable.