Oregon property tax statements go out in late October, and the first payment is due November 15. That date falls on a Sunday in 2026, and when the 15th lands on a weekend or holiday, Oregon moves the deadline to the next business day — Monday, November 16, 2026.
Oregon is one of the few states that actually rewards you for paying early, and the deadline you choose to hit determines how much you save.
Three Ways to Pay
Oregon lets you pay your bill in one of three ways:
- ›Pay the full amount by November 16 and take a 3% discount.
- ›Pay two-thirds by November 16 and take a 2% discount on that portion, with the final third due May 15.
- ›Pay one-third by November 16, then another third on February 15 and the last third on May 15. No discount.
On a $4,000 tax bill, paying in full saves $120. The two-thirds option saves a little less. Paying in thirds saves nothing, but spreads the cost across six months without any penalty — which is the right call if the cash isn't there right now.
If you're on the installment path, keep the later dates in mind: when they fall on a weekend or holiday, they also roll to the next business day.
What Late Payment Costs
Oregon doesn't charge a flat penalty. Instead, interest accrues on any past-due amount at 1.333% per month — 16% a year — under ORS 311.505. It's charged per month or fraction of a month, so paying one day late costs you a full month's interest on that installment. And missing November entirely means losing the discount too, so a late payer pays twice: once in forfeited discount and again in interest.
If Your Lender Pays Your Taxes
Most mortgage lenders with escrow accounts pay Oregon property taxes in full by the November deadline specifically to capture the 3% discount, which then shows up as a lower escrow requirement over time. If you're escrowed, you don't need to do anything — but you can confirm the payment on your county's tax lookup site after mid-November.
Check Your Statement
Your statement should have arrived by the end of October. If it hasn't, contact your county tax collector — not receiving a bill doesn't change the due date. Find your county on our Oregon property tax page, including Multnomah County.