Portland neighborhood · Multnomah County
Property taxes in Centennial
Tax year 2025-26
- Kind
- Portland neighborhood, Portland
- County
- Multnomah County
- A typical $600,000 home
- $6,800 a year (most homes here: $6,450 to $7,150)
- A new $600,000 home
- About $6,700 a year once fully taxed (the county's new-home ratio, 0.481); the first bill after it is built may cover only the land
- Taxed value, typical home
- 49% of market value (most homes 47% to 51%)
- Older and newer homes
- 49% for homes built before 2016, 41% for the 104 built since
- Measure 5 cap
- Trims 1% of bills here
- Tax rate
- $23.1366 per $1,000 of taxed value (tax code area 812)
- Homes counted
- 6,134
- Look up a home
- Multnomah County's property records
Estimates for tax year 2025-26, worked out from every home's own taxed and market values in Metro's records (2026-07-17) and the county's rate table, with the Measure 5 cap applied home by home. A listing shows a particular home's current bill, and in Oregon that bill stays with the house when it is sold. Property Tax Compare works the figures out at any price.
What the rate pays for
Most homes here (42%) are in tax code area 812. Bonds are outside the Measure 5 cap; permanent rates and local options are inside it.
| What it pays for | District | Kind | Per $1,000 of taxed value |
|---|---|---|---|
| Schools | Centennial School District | permanent and local option | $4.6941 |
| Schools | Centennial School District | bond | $1.0902 |
| Community college | Mt Hood Community College | permanent and local option | $0.4764 |
| Community college | Mt Hood Community College | bond | $0.2440 |
| Education service district | Multnomah ESD | permanent and local option | $0.4455 |
| City | City of Portland | permanent and local option | $8.5636 |
| City | City of Portland | bond | $0.3880 |
| County | Multnomah County | permanent and local option | $5.4632 |
| County | Multnomah County | bond | $0.5552 |
| Water, sewer and flood | Urban Flood Safety and Water Quality District | bond | $0.0134 |
| Metro | Metro | bond | $0.3756 |
| Metro | Metro | permanent and local option | $0.1902 |
| Port of Portland | Port of Portland | permanent and local option | $0.0684 |
| Soil and water conservation | Soil and water conservation | permanent and local option | $0.0983 |
| Urban renewal | Urban renewal | permanent and local option | $0.4705 |
| Total | Code area 812, Multnomah County | $23.1366 |
Other code areas here: code area 808 ($23.14, 2,481 homes); code area 175 ($23.14, 660 homes); code area 811 ($23.39, 263 homes); code area 113 ($24.18, 95 homes); code area 805 ($24.18, 33 homes); code area 807 ($24.18, 23 homes).
Schools here
Alder Elementary School · Franciscan Montessori Earth School · Oliver Middle · Parklane Elementary School · Patrick Lynch Elementary · Powell Butte Elementary School · Serendipity Center
Schools located in this place, from Explore Schools; which school serves a home is set by its district.
55+ living here
Columbia Terrace Retirement Community
From 55+ and Retirement. Oregon's senior property tax deferral is for homeowners 62 and over: Department of Revenue.
More about life here: the town guide.
The figures on this page are estimates for comparing areas. They are not a tax bill, an appraisal, or tax, legal or financial advice. They come from public records: Metro's Regional Land Information System and the tax rate tables of Washington, Multnomah and Clackamas counties, for the tax year shown. Public records can contain mistakes, and rates change every year as voters approve bonds and levies. Your real tax depends on the home's own assessed value, any exemptions or special assessments, and the county's final figures. Before you rely on any figure, check it with the county assessor or a tax professional. Jen is a licensed Oregon real estate broker, not a tax adviser.