Atoka County Property Taxes
The median property tax rate in Atoka County is 0.71%, 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 $86,760 in Atoka County, the typical annual property tax bill is around $584, significantly less than the national median of $2,690. Property taxes in Atoka County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Atoka County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Atoka or another part of Atoka County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Atoka County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$616
Ownwell’s Atoka Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atoka with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Atoka 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's 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 Atoka County, Oklahoma
Property taxes in Atoka County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Atoka County is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Atoka County set these rates annually, and they can vary significantly between different areas within the county. Each year, Atoka 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. For comparison, the city of Lane has one of the higher property tax rates in the region at 0.78%, while the city of Pittsburg boasts one of the lowest at 0.60%. Analyzing how Atoka County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Atoka County Tax Rate
0.71%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atoka County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Atoka | 0.36% | 0.53% | 0.72% | 0.89% | 1.00% |
Boswell | 0.39% | 0.55% | 0.76% | 0.87% | 0.90% |
Caddo | 0.40% | 0.54% | 0.71% | 0.89% | 1.03% |
Caney | 0.35% | 0.53% | 0.71% | 0.89% | 1.04% |
Coalgate | 0.55% | 0.70% | 0.78% | 0.80% | 0.92% |
Coleman | 0.32% | 0.46% | 0.67% | 0.79% | 0.93% |
Daisy | 0.37% | 0.50% | 0.72% | 0.87% | 0.96% |
Kenefic | 0.23% | 0.41% | 0.62% | 0.78% | 0.95% |
Kiowa | 0.31% | 0.45% | 0.60% | 0.72% | 0.78% |
Lane | 0.39% | 0.61% | 0.78% | 0.89% | 0.90% |
Pittsburg | 0.46% | 0.53% | 0.60% | 0.68% | 0.73% |
Stringtown | 0.29% | 0.51% | 0.68% | 0.87% | 1.03% |
Wapanucka | 0.33% | 0.42% | 0.65% | 0.78% | 0.90% |
Wardville | 0.48% | 0.57% | 0.64% | 0.77% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Atoka County, Oklahoma
In Atoka 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 Atoka 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 Atoka 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 Atoka County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Atoka County, Coalgate has the highest median tax bill at $1,077, while Boswell has the lowest at $424. Comparing these figures to the national median property tax rate of 0.99% highlights the variability within the county.
Average Atoka County Assessed Value
$86,760
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atoka County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Atoka | $25,792 | $46,446 | $84,038 | $143,058 | $228,278 |
Boswell | $22,164 | $36,149 | $63,198 | $102,464 | $178,637 |
Caddo | $33,974 | $69,736 | $116,430 | $194,890 | $314,636 |
Caney | $37,976 | $57,746 | $97,896 | $163,538 | $228,095 |
Coalgate | $70,865 | $101,989 | $160,236 | $217,998 | $460,286 |
Coleman | $37,666 | $77,588 | $115,960 | $191,336 | $285,351 |
Daisy | $42,836 | $66,632 | $98,534 | $142,610 | $203,071 |
Kenefic | $37,165 | $71,881 | $122,132 | $191,804 | $278,196 |
Kiowa | $44,636 | $60,623 | $116,030 | $203,685 | $247,410 |
Lane | $21,492 | $41,188 | $69,390 | $117,728 | $212,540 |
Pittsburg | $30,536 | $33,127 | $87,256 | $169,450 | $179,002 |
Stringtown | $28,143 | $46,430 | $77,061 | $130,366 | $190,914 |
Wapanucka | $32,618 | $68,972 | $108,082 | $129,052 | $194,478 |
Wardville | $36,238 | $56,869 | $94,062 | $209,282 | $278,659 |
Source: Ownwell
Property Tax Bills Across Atoka County, Oklahoma
In Atoka County, OK, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property improvements, neighborhood developments, and overall market trends can influence the assessed value. For homeowners in Atoka County, the median home price is $86,760, and tax bills can vary significantly. The 25th percentile tax bill is around $286, while the 75th percentile reaches $1,086. For those in the 90th percentile, tax bills can be as high as $1,978. Notably, Coalgate has the highest median tax bill at $1,077, whereas Boswell has the lowest at $424. These property taxes fund essential local services, such as schools, public safety, and infrastructure, impacting homeowners directly by contributing to community development and maintenance. Comparatively, Atoka County’s tax rates are below the national median property tax rate of 0.99%.
Average Atoka County Tax Bill
$584
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Atoka County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Atoka | $140 | $278 | $576 | $1,051 | $1,935 |
Boswell | $99 | $287 | $424 | $728 | $1,511 |
Caddo | $171 | $393 | $787 | $1,493 | $2,865 |
Caney | $178 | $378 | $678 | $1,228 | $2,070 |
Coalgate | $532 | $724 | $1,077 | $1,958 | $2,646 |
Coleman | $239 | $402 | $812 | $1,222 | $2,116 |
Daisy | $186 | $352 | $599 | $1,157 | $2,015 |
Kenefic | $138 | $278 | $568 | $1,300 | $1,965 |
Kiowa | $151 | $266 | $630 | $1,440 | $1,836 |
Lane | $129 | $246 | $476 | $889 | $1,787 |
Pittsburg | $136 | $163 | $606 | $1,047 | $1,240 |
Stringtown | $122 | $254 | $474 | $947 | $1,563 |
Wapanucka | $119 | $333 | $643 | $933 | $1,611 |
Wardville | $216 | $439 | $674 | $1,322 | $1,969 |
Source: Ownwell