Nowata County Property Taxes
The median property tax rate in Nowata County is 0.83%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Nowata County at $71,248, the typical annual property tax bill is approximately $541, significantly below the national median of $2,690. Property taxes in Nowata County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Nowata 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 Nowata or another part of Nowata County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nowata County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$591
Ownwell’s Nowata County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Nowata County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Nowata 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 Nowata County, Oklahoma
Property taxes in Nowata County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nowata County is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Nowata County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nowata 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 Nowata County's effective property tax rate with other areas and the national median. For comparison, the city of Lenapah has one of the higher property tax rates at 0.99%, while the city of Vinita boasts one of the lowest at 0.53%. Analyzing how Nowata County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nowata County Tax Rate
0.83%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nowata County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bartlesville | 0.15% | 0.61% | 0.67% | 0.91% | 1.07% |
Chelsea | 0.24% | 0.40% | 0.58% | 0.91% | 1.01% |
Delaware | 0.43% | 0.64% | 0.92% | 1.09% | 1.10% |
Lenapah | 0.54% | 0.75% | 0.99% | 1.09% | 1.10% |
Nowata | 0.35% | 0.56% | 0.82% | 1.09% | 1.14% |
S Coffeyville | 0.51% | 0.72% | 0.85% | 0.91% | 0.91% |
South Coffeyville | 0.50% | 0.59% | 0.73% | 0.87% | 0.96% |
Vinita | 0.24% | 0.45% | 0.53% | 0.67% | 0.98% |
Wann | 0.33% | 0.49% | 0.66% | 0.90% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Nowata County, Oklahoma
In Nowata 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 Nowata 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 Nowata 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 example, South Coffeyville has the highest median tax bill at $870, while Bartlesville has the lowest at $242. Being aware of these valuation processes in Nowata County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Nowata County Assessed Value
$71,248
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nowata County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bartlesville | $16,608 | $33,454 | $76,496 | $140,078 | $212,576 |
Chelsea | $17,494 | $27,747 | $60,423 | $114,320 | $168,117 |
Delaware | $15,855 | $25,880 | $61,828 | $138,862 | $235,649 |
Lenapah | $13,804 | $24,001 | $47,188 | $91,042 | $166,704 |
Nowata | $22,539 | $40,454 | $70,212 | $133,386 | $225,348 |
S Coffeyville | $24,471 | $39,383 | $69,993 | $117,770 | $178,042 |
South Coffeyville | $114,903 | $118,066 | $123,337 | $128,608 | $131,771 |
Vinita | $92,646 | $125,088 | $147,462 | $176,807 | $258,436 |
Wann | $34,337 | $58,616 | $102,739 | $167,864 | $261,930 |
Source: Ownwell
Property Tax Bills Across Nowata County, Oklahoma
In Nowata County, OK, property tax bills are calculated based on the assessed value of your home. The county assessor determines this value, which is typically a percentage of the market value. Various factors influence your tax bill, including the property's location and its assessed value. For instance, the median home price in Nowata County is $71,248. Property tax rates are applied to this assessed value to calculate the tax bill. Homeowners in Nowata County can expect their tax bills to vary significantly. The 25th percentile tax bill is around $271, while the 75th percentile tax bill reaches $1,025. For those at the higher end, the 90th percentile tax bill can be as much as $1,842. The highest median tax bill is found in South Coffeyville at $870, whereas Bartlesville has the lowest median tax bill at $242. These variations can impact homeowners' budgets, making it essential to understand how property taxes are determined and managed.
Average Nowata County Tax Bill
$541
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Nowata County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bartlesville | $3 | $168 | $242 | $904 | $1,501 |
Chelsea | $76 | $162 | $293 | $703 | $1,235 |
Delaware | $98 | $223 | $500 | $1,040 | $1,955 |
Lenapah | $99 | $181 | $427 | $896 | $1,664 |
Nowata | $129 | $276 | $541 | $1,044 | $1,967 |
S Coffeyville | $176 | $291 | $551 | $960 | $1,533 |
South Coffeyville | $650 | $732 | $870 | $1,007 | $1,089 |
Vinita | $438 | $656 | $836 | $991 | $1,263 |
Wann | $182 | $348 | $648 | $1,078 | $2,076 |
Source: Ownwell
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