Happy ValleyHome costs

Happy Valley property tax: where it goes

A typical Happy Valley house pays about $8,920 a year on the property tax bill, including flat charges on the same bill. Estimated from public rates, not anyone's actual bill.

A Happy Valley house pays 1.961% of its taxable value in property tax. For a house at $454,673 of value before exemptions, that's about $8,918 a year.

Tax is levied on assessed value (AV), the lower of real market value (RMV) and maximum assessed value (MAV) under Measure 50.

Clackamas County is mailing 2026-27 statements by October 25, 2026 but had not yet posted the 2026-27 code area rate table (SAL Table 6a), so the 2025-26 billing rates are used. The county's 2026 press release puts the typical 2026-27 tax change for City of Happy Valley homes in the North Clackamas School District at +2.97% (Emergency Radio and Clackamas Fire bonds down).

Pay or manage it

Who taxes this house

Taxing agencyRateOn $454,673
City of Happy Valley (incl. local option levy)0.2507%$1,140
Happy Valley Urban Renewal0.15%$682
Clackamas Fire District 1 (incl. local option levy and bond)0.2664%$1,211
Metro (incl. local option levy and bond)0.0562%$256
Clackamas County (incl. library, public safety local option, emergency radio bond, extension & 4-H, soil conservation, vector control, Port of Portland, county urban renewal)0.3255%$1,480
North Clackamas School District (incl. bond and local option) (schools)0.8092%$3,679
Clackamas Community College (incl. bond) (schools)0.0714%$325
Clackamas Education Service District (schools)0.032%$145
Total1.961%$8,918

2025-26 tax year, Clackamas County code area 012-149 (City of Happy Valley, North Clackamas School District).

How Happy Valley compares with nearby cities

Property tax rate

  1. West Linn · 8 mi1.93%
  2. Happy Valley1.96%
  3. Oregon City · 8 mi2.00%
  4. Gladstone · 5 mi2.01%
  5. Gresham · 6 mi2.04%
  6. Milwaukie · 5 mi2.20%

The combined rate of every agency on the bill, before exemptions.

Ways to pay less

  • Seniors 62+ and disabled homeowners: property tax deferral. The State of Oregon can pay your county property taxes; deferral accounts accrue 6% interest yearly. For 2026, household income during 2025 cannot exceed $70,000 and net worth is limited to $500,000. How: File the application with the county assessor by April 15, or late from April 16 to December 1 with a fee.
  • Disabled veterans and surviving spouses: property tax exemption. For 2026 the basic exemption for a disabled veteran or the surviving spouse of a veteran is $27,092 of assessed value; the exemption for a service-connected disability is $32,512. Veterans must be certified 40% or more disabled; surviving spouses must not have remarried. Once qualified, you do not need to renew each year. How: File the application with the Clackamas County Assessor by April 1; call 503-655-8671 for help.

Dates

WhenWhat
Nov 16, 2026 (in 12 days)Property tax payments due; paying in full by this date takes 3% off
Feb 16, 2027Second one-third property tax installment due
Apr 1Disabled veteran / surviving spouse exemption applications due to the Assessor
Apr 15Senior & disabled property tax deferral applications due to the county assessor (late filing from April 16 to December 1 with a fee)

Sources

  1. services2.arcgis.com query?where=TAXCODE%3D%27003023%27+AND+L
  2. www.clackamas.us assessment-taxation-2026-press-release
  3. www.oregon.gov Senior-and-Disabled-Property-Tax-Deferra

Checked October 28, 2026. Every number here comes from the public sources listed, matched by our checker.

Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.

Property tax in other Oregon cities

Eugene property taxFairview property taxForest Grove property taxGladstone property taxGrants Pass property taxGresham property taxHillsboro property taxIndependence property taxKeizer property taxKlamath Falls property taxLake Oswego property taxLebanon property taxAll Oregon cities →