Klamath County Assessor

Annual Comparison of Real Market Value to Property Taxes Levied

Year
Real Market value
% Increase
Property Taxes Levied
% Increase
1996
$2,877,509,299
$33,336,836
1997*
$3,131,561,194
108.8%
$32,146,995
96.4%
1998
$3,263,216,405
104.2%
$32,581,794
101.4%
1999
$3,395,160,278
104.0%
$33,645,113
103.3%
2000
$3,571,640,497
105.2%
$35,290,184
104.9%
2001
$3,709,110,127
103.8%
$37,056,404
105.0%
2002
$4,107,510,060
110.7%
$40,585,232
109.5%
2003
$4,321,841,755
105.2%
$42,095,813
103.7%
2004
$5,581,397,699
129.1%
$42,979,347
102.1%
2005
$6,111,343,389
109.5%
$45,859,992
106.7%
2006
$7,678,714,845
125.6%
$48,459,227
105.7%
2007
$8,975,617,609
116.9%
$51,334,678
105.9%
2008
$9,592,511,828
106.9%
$57,186,133
111.4%
         
         
Increase
$6,715,002,529
129.9%
$23,849,297
59.6%
Average Annual Increase
10.8%
5.4%

*The year property tax limitation Measure 50 was passed
While real market value has increased 129.9%, an average annual increase of 10.8%,
Property taxes have increased 59.6%, an average annual increase of 5.4% since 1997.