Logan County Property Taxes
The median property tax rate in Logan County is 0.98%, which is slightly lower than the national median of 0.99% but marginally higher than the Oklahoma state median of 0.97%. With a median home value of $165,842, the typical annual property tax bill in Logan County amounts to $1,451, considerably lower than the national median of $2,690. Property taxes in Logan County are calculated based on the assessed value, which is often less than the actual market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Logan County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you live in Guthrie or another part of Logan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Logan County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,625
Ownwell’s Logan County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Logan County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Logan 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 considers any exemptions you may have on your property.
Property Tax Rates Across Logan County, Oklahoma
Property taxes in Logan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Logan County is 0.98%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Logan County set these rates annually, and they can vary significantly between different areas within the county. Each year, Logan 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 Logan County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Edmond has one of the higher property tax rates in Oklahoma at 1.05%, while the city of Perkins boasts one of the lowest at 0.66%. Analyzing how Logan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Logan County Tax Rate
0.98%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Logan County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | 0.77% | 0.92% | 1.04% | 1.06% | 1.13% |
| Cashion | 0.65% | 0.81% | 0.88% | 0.95% | 1.03% |
| Coyle | 0.25% | 0.46% | 0.68% | 0.83% | 0.92% |
| Crescent | 0.58% | 0.83% | 1.03% | 1.17% | 1.24% |
| Edmond | 0.75% | 0.96% | 1.05% | 1.11% | 1.16% |
| Guthrie | 0.60% | 0.81% | 0.94% | 1.01% | 1.05% |
| Langston | 0.60% | 0.68% | 0.86% | 0.90% | 0.92% |
| Luther | 0.60% | 0.75% | 0.89% | 0.96% | 0.96% |
| Marshall | 0.23% | 0.54% | 0.81% | 1.01% | 1.17% |
| Meridian | 0.55% | 0.74% | 0.86% | 0.94% | 1.01% |
| Mulhall | 0.37% | 0.55% | 0.72% | 0.87% | 0.94% |
| Orlando | 0.33% | 0.58% | 0.77% | 0.86% | 0.94% |
| Perkins | 0.63% | 0.64% | 0.66% | 0.70% | 0.72% |
| Wellston | 0.31% | 0.68% | 0.90% | 0.96% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Logan County, Oklahoma
In Logan 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 Logan 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 Logan 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, Edmond has the highest median tax bill in the county at $2,826, while Marshall has the lowest at $262. Being aware of these valuation processes in Logan County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Logan County Assessed Value
$165,842
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Logan County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $31,538 | $84,432 | $268,873 | $450,232 | $529,742 |
| Cashion | $67,592 | $119,636 | $243,763 | $350,948 | $431,440 |
| Coyle | $16,536 | $30,089 | $63,255 | $127,630 | $210,895 |
| Crescent | $30,170 | $53,923 | $94,948 | $156,307 | $247,009 |
| Edmond | $65,405 | $158,454 | $284,979 | $394,530 | $487,499 |
| Guthrie | $35,110 | $65,580 | $134,668 | $237,715 | $313,618 |
| Langston | $10,658 | $21,274 | $59,398 | $77,466 | $90,679 |
| Luther | $43,277 | $72,185 | $139,544 | $260,693 | $356,043 |
| Marshall | $12,003 | $20,298 | $45,774 | $98,428 | $138,746 |
| Meridian | $23,425 | $49,786 | $86,033 | $169,493 | $297,187 |
| Mulhall | $38,340 | $63,261 | $103,590 | $174,515 | $289,577 |
| Orlando | $17,125 | $37,360 | $80,321 | $140,704 | $249,230 |
| Perkins | $137,159 | $141,816 | $149,577 | $183,765 | $204,278 |
| Wellston | $22,929 | $67,470 | $106,960 | $156,907 | $221,518 |
Source: Ownwell
Property Tax Bills Across Logan County, Oklahoma
In Logan County, OK, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $165,842, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is around $577, while at the 75th percentile, it rises to approximately $2,847. The highest tax bills in the county can reach up to $4,187 at the 90th percentile. Comparatively, these figures show a wide range in tax obligations, reflecting differences in property values and local tax rates. In Logan County, the highest median tax bill is found in Edmond at $2,826, whereas Marshall has the lowest median tax bill at $262. These property taxes significantly impact homeowners, influencing their financial planning and the overall cost of homeownership. Understanding how these taxes are calculated helps homeowners anticipate and manage their annual expenses more effectively.
Average Logan County Tax Bill
$1,451
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Logan County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $205 | $745 | $2,673 | $4,432 | $5,400 |
| Cashion | $496 | $976 | $2,110 | $3,257 | $3,957 |
| Coyle | $71 | $154 | $328 | $817 | $1,695 |
| Crescent | $246 | $461 | $880 | $1,555 | $2,558 |
| Edmond | $329 | $1,235 | $2,826 | $4,095 | $5,267 |
| Guthrie | $234 | $518 | $1,148 | $2,202 | $3,026 |
| Langston | $67 | $150 | $438 | $550 | $830 |
| Luther | $258 | $551 | $1,023 | $2,238 | $3,285 |
| Marshall | $64 | $140 | $262 | $666 | $1,228 |
| Meridian | $102 | $333 | $772 | $1,406 | $2,718 |
| Mulhall | $227 | $396 | $643 | $1,227 | $2,375 |
| Orlando | $101 | $259 | $571 | $1,064 | $2,000 |
| Perkins | $933 | $996 | $1,101 | $1,222 | $1,295 |
| Wellston | $165 | $415 | $874 | $1,304 | $2,198 |
Source: Ownwell