Beckham County, Oklahoma Property Taxes

Name: Property Tax Bills Across Beckham County, Oklahoma
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Beckham County effective property tax rate: 0.93%, significantly lower than the national median of 1.02%. Median Beckham County home value: $93,844. Median annual Beckham County tax bill: $783, $1,617 lower than the national median property tax bill of $2,400.

How are property taxes in Beckham County calculated?

Property taxes in Beckham County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Elk City or another part of Beckham County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Beckham County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$873

$810

Ownwell’s Beckham County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beckham County with just two data points. By entering your property's estimated assessed value, our calculator applies Beckham County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Beckham County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Beckham County, Oklahoma

Local government entities in Oklahoma determine tax rates, leading to significant variations across the state. Each year, counties estimate the budget needed for public services and divide it by the total value of all taxable properties in their area. This process establishes the property tax rate. While votes and laws play a role in setting these rates and budgets, this annual calculation remains a core component of the process.

In Beckham County, the effective property tax rate stands at 0.93%, which is below the national median of 1.02%. When compared to other Oklahoma counties, Beckham County's rate is moderate. For instance, Elk City has the highest median tax rate in the state at 1.05%, while Erick boasts the lowest at 0.62%. These variations highlight the diverse tax landscape within Oklahoma.

Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By comparing Beckham County's rate to both state and national figures, property owners can better navigate the complexities of property taxation and make informed decisions about their investments.

Property Tax Rates Across Beckham County, Oklahoma

Source: Ownwell

0.62%

0.83%

1.05%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Beckham County Tax Rate

0.93%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Beckham County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Carter	0.23%	0.47%	0.73%	1.04%	1.16%
Elk City	0.50%	0.81%	1.05%	1.11%	1.11%
Erick	0.22%	0.40%	0.62%	0.80%	0.81%
Sayre	0.34%	0.55%	0.81%	0.96%	0.98%
Sweetwater	0.22%	0.35%	0.62%	0.77%	0.83%
Texola	N/A	N/A	N/A	N/A	N/A
Willow	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Beckham County, Oklahoma

When examining property taxes in Beckham County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Beckham County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Beckham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Beckham County. For example, the median tax bill in Beckham County is $1,050, with tax bills ranging significantly across the county. Sweetwater has the highest median home price at $114,071.

Property Tax Assessment Values Across Beckham County, Oklahoma

Source: Ownwell

$46,920

$80,496

$114,071

Median Beckham County Market Value

$93,844

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Beckham County, Oklahoma

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Carter	$19,759	$34,266	$67,666	$134,160	$197,094
Elk City	$35,375	$58,516	$111,670	$181,243	$273,603
Erick	$16,112	$27,854	$46,920	$86,521	$157,053
Sayre	$22,543	$35,416	$68,700	$134,034	$215,049
Sweetwater	$40,103	$62,071	$114,071	$174,154	$213,084
Texola	N/A	N/A	N/A	N/A	N/A
Willow	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Beckham County, Oklahoma

In Beckham County, OK, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Beckham County experience a range of tax bills, with the 25th percentile at $318 and the 75th percentile reaching $1,586. At the 90th percentile, tax bills can go up to $2,529, indicating a significant variation depending on property value and location within the county. For instance, Elk City has the highest median tax bill at $1,050, while Erick boasts the lowest at $275. Compared to the national median property tax bill of $2,400, Beckham County's rates are relatively lower, providing some relief to homeowners. These property taxes play a crucial role in funding local services, impacting the overall quality of life and community resources available to residents.

Property Tax Bills Across Beckham County, Oklahoma

Source: Ownwell

$275

$663

$1,050

Median Beckham County Tax Bill

$783

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Beckham County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Carter	$87	$197	$500	$957	$1,885
Elk City	$221	$462	$1,050	$1,858	$2,817
Erick	$49	$118	$275	$549	$967
Sayre	$107	$227	$495	$1,034	$1,847
Sweetwater	$96	$266	$554	$1,148	$1,739
Texola	N/A	N/A	N/A	N/A	N/A
Willow	N/A	N/A	N/A	N/A	N/A

Source: Ownwell