Bryan County Property Taxes
The median property tax rate in Bryan County is 0.83%, which is notably lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With a median home value of $117,512 in Bryan County, the typical annual property tax bill amounts to $903, significantly less than the national median of $2,690. Property taxes in Bryan County are calculated based on the tax assessed value, which is often below the actual market value due to various property tax exemptions such as the primary residence and agricultural exemptions. Understanding Bryan County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Durant or another part of Bryan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bryan County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$975
Ownwell’s Bryan County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Bryan County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bryan 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 Bryan County, Oklahoma
Property taxes in Bryan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bryan County is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Bryan County set these rates annually, and they can vary significantly between different areas within the county. Each year, Bryan 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 Bryan County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Durant has one of the higher property tax rates in Oklahoma at 0.95%, while the city of Cartwright boasts one of the lowest at 0.59%. Analyzing how Bryan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bryan County Tax Rate
0.83%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bryan County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Achille | 0.51% | 0.62% | 0.81% | 0.93% | 1.01% |
Bennington | 0.42% | 0.54% | 0.66% | 0.75% | 0.83% |
Bokchito | 0.44% | 0.57% | 0.69% | 0.80% | 0.83% |
Boswell | 0.44% | 0.58% | 0.70% | 0.77% | 0.84% |
Caddo | 0.53% | 0.69% | 0.83% | 0.94% | 0.98% |
Calera | 0.48% | 0.63% | 0.78% | 0.93% | 1.01% |
Cartwright | 0.31% | 0.44% | 0.59% | 0.77% | 0.88% |
Colbert | 0.36% | 0.48% | 0.62% | 0.79% | 0.88% |
Durant | 0.61% | 0.79% | 0.95% | 1.04% | 1.04% |
Hendrix | 0.46% | 0.61% | 0.74% | 0.92% | 1.01% |
Kenefic | 0.43% | 0.67% | 0.85% | 0.94% | 0.98% |
Mead | 0.40% | 0.55% | 0.70% | 0.86% | 0.95% |
Platter | 0.71% | 0.74% | 0.80% | 0.84% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Bryan County, Oklahoma
In Bryan 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 Bryan 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 Bryan 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. In Bryan County, the highest median tax bill is found in Durant at $1,127, while the lowest is in Cartwright at $458. 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 Bryan County Assessed Value
$117,512
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bryan County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Achille | $30,743 | $43,178 | $65,651 | $84,480 | $127,209 |
Bennington | $35,468 | $59,499 | $98,101 | $158,820 | $248,510 |
Bokchito | $32,295 | $52,159 | $91,122 | $158,163 | $238,953 |
Boswell | $53,837 | $95,863 | $143,854 | $216,685 | $324,646 |
Caddo | $35,548 | $56,231 | $103,118 | $171,785 | $280,209 |
Calera | $48,604 | $82,706 | $146,847 | $202,652 | $290,440 |
Cartwright | $23,551 | $44,559 | $94,506 | $179,000 | $339,559 |
Colbert | $33,737 | $57,306 | $92,077 | $150,904 | $239,896 |
Durant | $42,833 | $70,364 | $127,192 | $208,117 | $290,002 |
Hendrix | $34,166 | $60,150 | $100,794 | $165,572 | $231,844 |
Kenefic | $15,106 | $27,951 | $72,788 | $122,461 | $282,119 |
Mead | $30,000 | $60,997 | $119,302 | $219,734 | $343,892 |
Platter | $48,070 | $66,175 | $96,350 | $145,100 | $174,349 |
Source: Ownwell
Property Tax Bills Across Bryan County, Oklahoma
In Bryan County, OK, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the county is $117,512. Property tax rates are applied to this assessed value to determine the annual tax bill. Various factors influence the tax bill, including the property's location and any applicable exemptions. For instance, the tax bill at the 25th percentile is $459, while at the 75th percentile, it rises to $1,648. Homeowners in Bryan County experience a range in tax bills, with the 90th percentile reaching $2,477. The city with the highest median tax bill is Durant, at $1,127, contrasting sharply with Cartwright, which has the lowest median tax bill at $458. These variations can significantly impact homeowners, as higher property taxes can increase the overall cost of owning a home. Compared to the national median property tax rate of 0.99%, Bryan County's tax rates reflect localized economic conditions and funding needs for public services.
Average Bryan County Tax Bill
$903
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Bryan County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Achille | $204 | $262 | $459 | $694 | $1,122 |
Bennington | $191 | $346 | $608 | $1,089 | $1,724 |
Bokchito | $183 | $314 | $608 | $1,141 | $1,695 |
Boswell | $371 | $553 | $941 | $1,427 | $2,510 |
Caddo | $235 | $404 | $777 | $1,432 | $2,424 |
Calera | $307 | $534 | $1,115 | $1,730 | $2,479 |
Cartwright | $116 | $209 | $458 | $1,145 | $2,399 |
Colbert | $168 | $319 | $555 | $988 | $1,633 |
Durant | $339 | $590 | $1,127 | $1,869 | $2,646 |
Hendrix | $189 | $364 | $702 | $1,278 | $1,961 |
Kenefic | $60 | $216 | $486 | $894 | $2,538 |
Mead | $189 | $351 | $741 | $1,534 | $2,529 |
Platter | $409 | $545 | $772 | $1,050 | $1,218 |
Source: Ownwell