Ottawa County Property Taxes
The median property tax rate in Ottawa County is 0.80%, 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 $84,000, the typical annual property tax bill in Ottawa County amounts to $593, significantly below the national median of $2,690. Property taxes in Ottawa County are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Ottawa County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Miami or another part of Ottawa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ottawa County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$672
Ownwell’s Ottawa County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ottawa County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ottawa 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 Ottawa County, Oklahoma
Property taxes in Ottawa County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ottawa County is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Ottawa County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ottawa 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 Ottawa County's effective property tax rate with other regions in Oklahoma and the national median. For comparison, the city of North Miami has one of the higher property tax rates in Oklahoma at 0.89%, while the city of Afton boasts one of the lowest at 0.63%. Analyzing how Ottawa County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ottawa County Tax Rate
0.80%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ottawa County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Afton | 0.26% | 0.40% | 0.63% | 0.86% | 0.89% |
Bluejacket | 0.55% | 0.63% | 0.78% | 0.87% | 0.89% |
Commerce | 0.27% | 0.45% | 0.72% | 1.02% | 1.02% |
Fairland | 0.36% | 0.53% | 0.76% | 0.94% | 0.99% |
Grove | 0.38% | 0.54% | 0.73% | 0.86% | 0.87% |
Miami | 0.40% | 0.61% | 0.85% | 1.02% | 1.08% |
North Miami | 0.28% | 0.48% | 0.89% | 1.02% | 1.02% |
Peoria | 0.21% | 0.38% | 0.72% | 0.96% | 0.96% |
Picher | N/A | N/A | N/A | N/A | N/A |
Quapaw | 0.35% | 0.56% | 0.77% | 0.93% | 0.96% |
Wyandotte | 0.31% | 0.48% | 0.72% | 0.87% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Ottawa County, Oklahoma
In Ottawa 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 Ottawa 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 Ottawa 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. For instance, Bluejacket has the highest median tax bill at $1,082, while Peoria has the lowest at $136. Being aware of these valuation processes in Ottawa County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Ottawa County Assessed Value
$84,000
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ottawa County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Afton | $21,142 | $37,476 | $66,807 | $112,561 | $180,034 |
Bluejacket | $44,881 | $88,948 | $159,092 | $258,910 | $275,734 |
Commerce | $20,985 | $33,240 | $50,252 | $76,817 | $101,384 |
Fairland | $28,275 | $56,617 | $97,177 | $150,208 | $217,755 |
Grove | $37,890 | $60,409 | $92,000 | $148,200 | $168,592 |
Miami | $36,011 | $58,148 | $89,528 | $136,034 | $193,660 |
North Miami | $13,642 | $23,294 | $41,379 | $69,825 | $92,113 |
Peoria | $9,305 | $14,365 | $38,912 | $61,988 | $78,879 |
Picher | N/A | N/A | N/A | N/A | N/A |
Quapaw | $23,142 | $46,072 | $77,204 | $124,322 | $180,017 |
Wyandotte | $22,468 | $49,154 | $91,828 | $147,058 | $213,248 |
Source: Ownwell
Property Tax Bills Across Ottawa County, Oklahoma
In Ottawa County, OK, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which is then taxed accordingly. Factors such as the property's location, size, and improvements can influence this assessed value. For instance, in Ottawa County, the median home price is $84,000. Homeowners in this county experience a range of property tax bills. At the 25th percentile, the tax bill is around $303, while at the 75th percentile, it reaches $1,023. The top 10% of tax bills can go up to $1,631. Bluejacket has the highest median tax bill at $1,082, whereas Peoria has the lowest at $136. These taxes fund essential local services such as schools, roads, and emergency services, directly impacting the community's quality of life. Understanding how property tax bills are calculated helps homeowners anticipate their expenses and plan their finances accordingly.
Average Ottawa County Tax Bill
$593
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Ottawa County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Afton | $101 | $191 | $368 | $659 | $1,301 |
Bluejacket | $236 | $588 | $1,082 | $1,959 | $2,329 |
Commerce | $98 | $170 | $308 | $546 | $819 |
Fairland | $169 | $332 | $641 | $1,089 | $1,795 |
Grove | $197 | $390 | $587 | $1,012 | $1,396 |
Miami | $204 | $381 | $680 | $1,118 | $1,731 |
North Miami | $89 | $135 | $229 | $464 | $806 |
Peoria | $59 | $82 | $136 | $335 | $647 |
Picher | N/A | N/A | N/A | N/A | N/A |
Quapaw | $142 | $273 | $527 | $916 | $1,414 |
Wyandotte | $137 | $257 | $540 | $993 | $1,682 |
Source: Ownwell