Mayes County Property Taxes
The median property tax rate in Mayes County is 0.66%, which is significantly lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Mayes County at $160,424, the typical annual property tax bill reaches $998, which is considerably less than the national median of $2,690. Property taxes in Mayes County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Mayes 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 Pryor Creek or another part of Mayes County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mayes County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$1,059
-$11,096
Ownwell’s Mayes County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mayes County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Mayes 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 Mayes County, Oklahoma
Property taxes in Mayes County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mayes County is 0.66%, which is lower than the U.S. national median of 0.99%. Local government entities within Mayes County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mayes 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. The following data compares Mayes County's effective property tax rate with other areas in Oklahoma and the national median. For comparison, the city of Disney has one of the higher property tax rates in Oklahoma at 0.78%, while the city of Claremore boasts one of the lowest at 0.56%. Analyzing how Mayes County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mayes County Tax Rate
0.66%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mayes County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Adair | 0.39% | 0.57% | 0.72% | 0.86% | 1.00% |
Afton | 0.29% | 0.38% | 0.60% | 0.69% | 0.92% |
Big Cabin | 0.41% | 0.56% | 0.72% | 0.92% | 1.05% |
Chelsea | 0.34% | 0.48% | 0.64% | 0.77% | 0.93% |
Chouteau | 0.39% | 0.51% | 0.66% | 0.82% | 0.95% |
Claremore | 0.23% | 0.41% | 0.56% | 0.85% | 0.94% |
Disney | 0.37% | 0.55% | 0.78% | 0.91% | 0.95% |
Hulbert | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
Inola | 0.38% | 0.54% | 0.70% | 0.85% | 0.94% |
Ketchum | 0.78% | 0.78% | 0.78% | 0.78% | 0.78% |
Langley | 0.34% | 0.59% | 0.67% | 0.78% | 0.85% |
Locust Grove | 0.32% | 0.47% | 0.63% | 0.79% | 0.94% |
Peggs | 0.39% | 0.50% | 0.67% | 0.82% | 0.94% |
Pryor | 0.38% | 0.51% | 0.65% | 0.79% | 0.89% |
Rose | 0.36% | 0.50% | 0.66% | 0.77% | 0.95% |
Salina | 0.35% | 0.48% | 0.63% | 0.79% | 0.95% |
Spavinaw | 0.31% | 0.47% | 0.66% | 0.79% | 0.96% |
Strang | 0.35% | 0.51% | 0.67% | 0.84% | 1.03% |
Vinita | 0.33% | 0.52% | 0.68% | 0.83% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Mayes County, Oklahoma
In Mayes 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 Mayes 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 Mayes 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 Mayes County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Mayes County, the highest median tax bill is found in Ketchum at $3,280, while the lowest is in Langley at $404. By recognizing these differences, you can better understand your own property tax situation and take steps to potentially reduce your financial burden.
Average Mayes County Assessed Value
$160,424
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mayes County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Adair | $78,368 | $119,576 | $181,000 | $276,440 | $391,541 |
Afton | $199,875 | $458,569 | $559,080 | $1,372,980 | $2,290,966 |
Big Cabin | $49,633 | $93,027 | $156,194 | $244,596 | $352,736 |
Chelsea | $98,411 | $135,086 | $210,084 | $296,754 | $406,909 |
Chouteau | $65,949 | $103,048 | $169,121 | $247,246 | $348,917 |
Claremore | $34,894 | $60,898 | $140,138 | $258,546 | $437,056 |
Disney | $35,482 | $66,525 | $139,892 | $452,059 | $598,610 |
Hulbert | $197,237 | $197,237 | $197,237 | $197,237 | $197,237 |
Inola | $80,845 | $114,666 | $226,735 | $342,828 | $467,230 |
Ketchum | $421,809 | $421,809 | $421,809 | $421,809 | $421,809 |
Langley | $26,611 | $34,928 | $63,166 | $83,719 | $160,814 |
Locust Grove | $54,959 | $86,999 | $140,125 | $227,970 | $347,604 |
Peggs | $73,807 | $100,232 | $120,469 | $183,252 | $286,464 |
Pryor | $73,992 | $108,828 | $174,302 | $270,968 | $381,506 |
Rose | $76,745 | $112,243 | $154,695 | $242,998 | $376,135 |
Salina | $49,088 | $78,273 | $130,260 | $207,779 | $296,619 |
Spavinaw | $26,561 | $43,732 | $79,897 | $149,426 | $266,052 |
Strang | $47,903 | $84,658 | $134,982 | $220,170 | $298,024 |
Vinita | $43,786 | $90,932 | $196,686 | $365,130 | $604,002 |
Source: Ownwell
Property Tax Bills Across Mayes County, Oklahoma
In Mayes County, OK, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the market value of the property. The tax rate is then applied to the assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For homeowners in Mayes County, the tax bill can vary significantly. For instance, the 25th percentile tax bill is around $552, while the 75th percentile tax bill reaches $1,726. At the 90th percentile, it climbs to $2,722. Cities within the county also show variation; Ketchum has the highest median tax bill at $3,280, while Langley has the lowest at $404. Compared to the national median property tax rate of 0.99%, Mayes County offers a diverse range of tax obligations, impacting homeowners differently based on their property's assessed value and location.
Average Mayes County Tax Bill
$998
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Mayes County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Adair | $425 | $742 | $1,213 | $2,080 | $3,160 |
Afton | $1,188 | $1,956 | $2,946 | $6,986 | $18,731 |
Big Cabin | $342 | $574 | $1,018 | $1,714 | $2,955 |
Chelsea | $416 | $800 | $1,215 | $2,070 | $2,975 |
Chouteau | $337 | $596 | $1,045 | $1,687 | $2,491 |
Claremore | $204 | $332 | $679 | $1,438 | $1,720 |
Disney | $182 | $436 | $1,147 | $3,134 | $5,246 |
Hulbert | $685 | $685 | $685 | $685 | $685 |
Inola | $505 | $813 | $1,342 | $2,280 | $3,437 |
Ketchum | $3,280 | $3,280 | $3,280 | $3,280 | $3,280 |
Langley | $142 | $188 | $404 | $702 | $954 |
Locust Grove | $264 | $490 | $845 | $1,462 | $2,347 |
Peggs | $426 | $608 | $853 | $1,183 | $1,617 |
Pryor | $392 | $622 | $1,061 | $1,738 | $2,678 |
Rose | $401 | $565 | $975 | $1,720 | $2,825 |
Salina | $239 | $455 | $818 | $1,339 | $2,114 |
Spavinaw | $115 | $245 | $458 | $1,056 | $1,851 |
Strang | $261 | $487 | $854 | $1,626 | $2,525 |
Vinita | $220 | $556 | $1,305 | $2,522 | $3,934 |
Source: Ownwell