Hughes County Property Taxes
The median property tax rate in Hughes County is 0.85%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With a median home value of $41,920 in Hughes County, the typical annual property tax bill is $328, significantly below the national median of $2,690. Property taxes in Hughes County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Hughes County’s specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Holdenville or another part of Hughes County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hughes County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$356
Ownwell’s Hughes County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hughes County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hughes County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Hughes County, Oklahoma
Property taxes in Hughes County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hughes County is 0.85%, which is lower than both the Oklahoma state median and the U.S. national median of 0.99%. Local government entities within Hughes County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hughes County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Allen has one of the higher property tax rates in Oklahoma at 0.95%, while the city of Lamar boasts one of the lowest at 0.67%. Analyzing how Hughes County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hughes County Tax Rate
0.85%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hughes County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allen | 0.63% | 0.84% | 0.95% | 1.04% | 1.04% |
Atwood | 0.49% | 0.80% | 0.91% | 0.99% | 1.04% |
Calvin | 0.45% | 0.63% | 0.81% | 0.91% | 0.91% |
Dustin | 0.42% | 0.60% | 0.79% | 0.89% | 0.89% |
Holdenville | 0.49% | 0.70% | 0.86% | 0.94% | 0.94% |
Lamar | 0.35% | 0.49% | 0.67% | 0.82% | 0.87% |
Okemah | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
Sasakwa | 0.62% | 0.68% | 0.75% | 0.81% | 0.84% |
Stuart | 0.56% | 0.75% | 0.88% | 0.96% | 0.96% |
Wetumka | 0.43% | 0.63% | 0.82% | 0.94% | 0.94% |
Wewoka | 0.60% | 0.73% | 0.90% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Hughes County, Oklahoma
In Hughes County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Hughes County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Hughes County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Hughes County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Hughes County, the median home price is $41,920. The highest median tax bill is in Okemah at $1,757, while Dustin has the lowest at $263.
Average Hughes County Assessed Value
$41,920
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hughes County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allen | $19,810 | $40,359 | $65,674 | $114,178 | $179,023 |
Atwood | $20,782 | $35,894 | $61,410 | $97,122 | $146,746 |
Calvin | $14,165 | $26,052 | $50,087 | $87,981 | $141,924 |
Dustin | $2,808 | $17,655 | $36,635 | $60,594 | $90,469 |
Holdenville | $9,493 | $18,796 | $35,803 | $71,533 | $124,320 |
Lamar | $16,331 | $34,203 | $54,551 | $107,340 | $158,092 |
Okemah | $20,022 | $50,056 | $100,112 | $150,168 | $180,202 |
Sasakwa | $40,898 | $45,648 | $52,634 | $71,180 | $96,739 |
Stuart | $21,531 | $36,981 | $54,388 | $87,149 | $134,777 |
Wetumka | $9,281 | $20,794 | $40,096 | $73,754 | $119,335 |
Wewoka | $39,240 | $55,510 | $107,093 | $183,362 | $219,355 |
Source: Ownwell
Property Tax Bills Across Hughes County, Oklahoma
In Hughes County, OK, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Hughes County is $41,920. Once the assessed value is determined, local tax rates are applied to calculate the annual tax bill. Several factors influence this calculation, including property location and applicable exemptions. Homeowners in Hughes County experience a range of property tax bills. At the 25th percentile, the tax bill is $163, while at the 75th percentile, it rises to $649. The top 10% of tax bills can reach up to $1,126. Comparatively, the highest median tax bill in the county is $1,757 in Okemah, whereas Dustin has the lowest at $263. These property taxes fund essential local services such as schools, emergency services, and infrastructure. For homeowners, understanding how their tax bill is determined helps in financial planning and ensuring they are not overpaying.
Average Hughes County Tax Bill
$328
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Hughes County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allen | $165 | $324 | $596 | $1,090 | $1,837 |
Atwood | $136 | $284 | $534 | $907 | $1,445 |
Calvin | $95 | $173 | $346 | $629 | $1,133 |
Dustin | $64 | $145 | $263 | $426 | $758 |
Holdenville | $76 | $149 | $284 | $600 | $1,058 |
Lamar | $99 | $171 | $378 | $612 | $1,102 |
Okemah | $1,757 | $1,757 | $1,757 | $1,757 | $1,757 |
Sasakwa | $272 | $278 | $366 | $582 | $822 |
Stuart | $117 | $276 | $456 | $746 | $1,147 |
Wetumka | $71 | $142 | $296 | $581 | $951 |
Wewoka | $366 | $369 | $795 | $1,710 | $2,001 |
Source: Ownwell