Osage County Property Taxes
The median property tax rate in Osage County is 1.07%, which is higher than both the national median of 0.99% and Oklahoma's state median of 0.97%. With the median home value in Osage County at $85,955, the typical annual property tax bill is approximately $840, which is below the national median of $2,690. Property taxes in Osage County are calculated based on the tax assessed value, generally lower than the actual market value due to various property tax exemptions like primary residence and agricultural exemptions. Understanding Osage 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 Pawhuska or another part of Osage County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Osage County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$920
Ownwell’s Osage Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Osage with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Osage 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 Osage County, Oklahoma
Property taxes in Osage County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Osage County is 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within Osage County set these rates annually, and they can vary significantly between different areas within the county. Each year, Osage 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 Osage County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Tulsa has one of the higher property tax rates in Oklahoma at 1.26%, while the city of Copan boasts one of the lowest at 0.76%. Analyzing how Osage County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Osage County Tax Rate
1.07%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Osage County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Avant | 0.58% | 0.78% | 0.95% | 0.95% | 0.97% |
Barnsdall | 0.60% | 0.85% | 1.03% | 1.12% | 1.12% |
Bartlesville | 0.63% | 0.81% | 0.92% | 1.12% | 1.21% |
Burbank | 0.55% | 0.84% | 0.96% | 1.15% | 1.25% |
Copan | 0.42% | 0.63% | 0.76% | 0.88% | 1.06% |
Fairfax | 0.41% | 0.62% | 0.87% | 0.97% | 1.04% |
Foraker | 0.74% | 0.80% | 0.91% | 0.92% | 0.92% |
Hominy | 0.52% | 0.78% | 1.03% | 1.15% | 1.17% |
Ochelata | 0.66% | 1.02% | 1.08% | 1.10% | 1.11% |
Osage | 0.31% | 0.70% | 0.95% | 1.01% | 1.12% |
Pawhuska | 0.54% | 0.76% | 1.01% | 1.14% | 1.19% |
Ponca City | 0.65% | 0.84% | 0.97% | 1.09% | 1.15% |
Prue | 0.48% | 0.72% | 0.94% | 0.97% | 1.06% |
Ralston | 0.54% | 0.68% | 0.94% | 1.03% | 1.18% |
Ramona | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Sand Springs | 0.63% | 0.78% | 0.93% | 1.11% | 1.22% |
Shidler | 0.60% | 0.87% | 1.15% | 1.19% | 1.19% |
Skiatook | 0.85% | 1.04% | 1.15% | 1.20% | 1.29% |
Sperry | 0.90% | 1.10% | 1.17% | 1.30% | 1.32% |
Tulsa | 0.84% | 1.07% | 1.26% | 1.35% | 1.35% |
Wynona | 0.46% | 0.66% | 0.89% | 0.95% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Osage County, Oklahoma
In Osage 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 Osage 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 Osage 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, in Osage County, the highest median tax bill is found in Ochelata at $2,276, while the lowest is in Foraker at $158. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Osage County Assessed Value
$85,955
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Osage County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Avant | $4,488 | $11,460 | $28,048 | $55,491 | $84,093 |
Barnsdall | $5,930 | $21,640 | $47,279 | $96,011 | $157,000 |
Bartlesville | $20,895 | $61,554 | $124,518 | $185,560 | $267,430 |
Burbank | $6,519 | $17,172 | $50,134 | $108,581 | $171,823 |
Copan | $43,374 | $54,249 | $151,847 | $201,284 | $269,870 |
Fairfax | $7,742 | $21,436 | $41,876 | $71,908 | $118,555 |
Foraker | $3,937 | $8,852 | $17,044 | $24,484 | $28,949 |
Hominy | $8,695 | $22,426 | $44,300 | $82,218 | $144,631 |
Ochelata | $82,669 | $154,002 | $212,746 | $318,026 | $405,196 |
Osage | $4,775 | $12,248 | $35,505 | $65,708 | $107,237 |
Pawhuska | $10,731 | $25,004 | $50,327 | $96,748 | $161,205 |
Ponca City | $18,217 | $49,762 | $101,667 | $159,907 | $214,343 |
Prue | $5,033 | $10,316 | $46,447 | $81,819 | $114,735 |
Ralston | $23,542 | $55,094 | $102,402 | $183,452 | $264,586 |
Ramona | $171,817 | $171,817 | $171,817 | $171,817 | $171,817 |
Sand Springs | $25,854 | $77,174 | $149,213 | $226,377 | $320,738 |
Shidler | $3,991 | $12,342 | $29,370 | $67,997 | $135,556 |
Skiatook | $36,490 | $84,734 | $138,479 | $226,972 | $311,018 |
Sperry | $41,427 | $105,081 | $175,102 | $274,020 | $405,077 |
Tulsa | $26,489 | $61,062 | $98,406 | $143,608 | $210,950 |
Wynona | $13,880 | $38,202 | $61,450 | $125,597 | $199,545 |
Source: Ownwell
Property Tax Bills Across Osage County, Oklahoma
In Osage County, OK, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Local tax rates, known as millage rates, are then applied to this assessed value to determine the final tax bill. Several factors influence the tax bill, including property location, improvements, and exemptions. For example, the median home price in Osage County is $85,955, and tax bills can vary significantly, from the 25th percentile at $309 to the 90th percentile reaching $2,795. Homeowners in Osage County's cities like Ochelata experience higher median tax bills, around $2,276, while those in Foraker see much lower bills, averaging $158. These tax bills impact homeowners by affecting their annual housing costs and potentially influencing decisions related to property investments and homeownership. Compared to the national median property tax rate of 0.99%, Osage County's rates reflect the local economic conditions and funding needs for public services.
Average Osage County Tax Bill
$840
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Osage County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Avant | $43 | $89 | $202 | $440 | $701 |
Barnsdall | $56 | $194 | $419 | $943 | $1,594 |
Bartlesville | $158 | $498 | $1,096 | $1,838 | $2,769 |
Burbank | $55 | $174 | $457 | $1,137 | $1,928 |
Copan | $61 | $326 | $834 | $1,498 | $2,725 |
Fairfax | $47 | $156 | $314 | $544 | $1,020 |
Foraker | $36 | $82 | $158 | $190 | $210 |
Hominy | $62 | $189 | $416 | $819 | $1,383 |
Ochelata | $696 | $991 | $2,276 | $3,471 | $4,428 |
Osage | $36 | $83 | $210 | $490 | $1,118 |
Pawhuska | $81 | $218 | $456 | $905 | $1,646 |
Ponca City | $151 | $414 | $917 | $1,589 | $2,200 |
Prue | $43 | $97 | $358 | $628 | $879 |
Ralston | $356 | $499 | $846 | $1,605 | $2,533 |
Ramona | $1,820 | $1,820 | $1,820 | $1,820 | $1,820 |
Sand Springs | $204 | $638 | $1,356 | $2,193 | $3,156 |
Shidler | $40 | $101 | $270 | $632 | $1,378 |
Skiatook | $364 | $866 | $1,600 | $2,552 | $3,649 |
Sperry | $377 | $1,050 | $2,060 | $3,365 | $5,384 |
Tulsa | $291 | $644 | $1,174 | $1,858 | $2,695 |
Wynona | $100 | $318 | $492 | $1,084 | $1,759 |
Source: Ownwell