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What are the property tax rates in Newport Oregon and how much would I pay on a 400000 dollar home
By Audra Powell, Principle Broker
Premiere Property Group LLC · DRE# 200404265
October 4, 2026 · 4 min read
What are the property tax rates in Newport Oregon and how much would I pay on a 400000 dollar home. This post explains how Lincoln County property taxes are calculated, what rates and levies apply in Newport, and gives a clear estimate for a $400,000 home, including local factors like assessed value and urban service districts.

1. How Lincoln County and Newport set property taxes
Basic process. Lincoln County calculates property taxes using an assessed value assigned by the county assessor and a set of tax rates from state, county, city, school, and local service districts.
How assessed value is determined
Assessed value basics. Oregon uses a measure of real market value for new sales then the assessor records a real market value and the assessed value follows property tax law such as Measure 50 rules; for a recent sale in Newport this means your assessed value may not equal purchase price immediately, but the county updates assessments on new sales and periodic revaluations.
Local levies and taxing districts
Who levies taxes. Your property tax bill in Newport includes the Lincoln County levy, the City of Newport levy if the property is inside city limits, Lincoln County school district levies, and any library, rural fire, ambulance, or urban renewal district levies that apply to the parcel.
2. Current property tax rates you can expect in Newport
General effective rate. A typical effective property tax rate for Lincoln County properties falls around 1.2 percent of assessed value, though the combined rate for any given Newport parcel depends on the mix of school, city, and special district levies.
Typical rate components
Common levy breakdown. A Newport bill often includes: the Lincoln County general levy, Lincoln County school district levies, City of Newport levies for properties inside the city, and one or more local service district levies such as rural fire or ambulance service. Each piece is expressed as dollars per $1,000 of assessed value and summed to a combined rate.
3. Estimate: How much would I pay on a $400,000 home
Direct answer. On a $400,000 purchase price you should expect an annual property tax bill roughly between $4,000 and $5,200 depending on assessed value adjustments and the exact combined levy for the parcel; I provide a clear calculation below so you can apply it to any Newport address.
Step by step calculation
Step 1. Determine assessed value. If the sale is recent the assessor may set the assessed value close to market value; if not, assessed value can be lower due to prior assessment limits. For our example assume assessed value equals purchase price, $400,000.
Step 2. Apply an estimated combined rate. Using 1.2 percent as a representative effective rate multiply $400,000 by 0.012 to get $4,800 annual tax.
Range example. If the combined levy for a Newport parcel is 1.0 percent, taxes would be $4,000 on a $400,000 assessed value. If the combined levy is 1.3 percent, taxes would be $5,200. Special district levies or urban renewal overlaps can push a bill above that range.
Local examples in Newport
Agate Beach versus South Beach. Properties inside the Newport city limits such as parts of Agate Beach include the City levy, while some South Beach properties may have different service district levies; these distinctions change the combined rate by a few tenths of a percent and therefore a few hundred dollars annually on a $400,000 assessed value.
4. What can change your bill and how to check exact numbers
Factors that change bills. Changes to assessed value after a sale, voter-approved bonds or levies, annexations into city limits, and enrollment in exemption programs such as senior or disabled exemptions will alter a parcel's tax bill.
Where to check your parcel
5. Practical next steps for Newport buyers and sellers
What buyers should ask. When touring a home ask the seller or listing agent for the most recent property tax bill, the parcel number, and whether any recent assessments or special district annexations affect the property.
What sellers should prepare. Sellers should provide buyers with a copy of the latest tax statement and be prepared to explain any local levies that recently passed or expired, especially if the property sits near the hospital, school, or fire district boundaries.
- Bring the parcel number with you
- Ask for the last year's tax statement
- Check Lincoln County online levy tables for current rates
Local help. If you want parcel-specific tax estimates for Newport properties I can run the exact numbers for you, account for City of Newport levies, and show how recent sales in Agate Beach, Nye Beach, and South Beach translated into assessed values.
Related reading. If you are buying in Agate Beach see my guide on the buying process and costs which covers local timelines and closing items that interact with taxes.
FAQ
Will my property tax equal my mortgage escrow payment for taxes?
Mortgage escrow payments are estimates based on the annual tax bill plus insurance. Lenders divide estimated annual taxes into monthly escrow deposits. After the county issues the actual tax bill your lender reconciles escrow. If the actual bill is higher than the estimate your lender will request a shortage payment or adjust monthly escrow going forward.
Do Newport property tax rates change often?
Rates change when taxing districts set new levies, when voters approve bonds, or when annexations change district boundaries. Assessments also change with new sales and revaluations. For exact current rates check Lincoln County assessor and each local district's notices.
Can I get a tax estimate for a specific Newport address?
Yes. Provide the parcel number or address and I can pull the Lincoln County levy table for that parcel, calculate the combined rate, and give you a projected annual tax on any assumed assessed value. This is useful when comparing Agate Beach, Nye Beach, or other parts of Newport where levies differ.