Bokchito, Bryan County, Oklahoma Property Taxes
Median Bokchito, OK effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Bokchito, OK home value: $91,122
Median annual Bokchito, OK tax bill: $608, $1,792 lower than the national median property tax bill of $2,400.
How are property taxes in Bryan County calculated?
Property taxes in Bokchito, OK 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 Bokchito’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bokchito, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bokchito, Bryan County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$629
$583
Property Tax Rates Across Bokchito, Bryan County, Oklahoma
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In BOKCHITO, located in Bryan County, the effective property tax rate is 0.69%, which is significantly lower than the national median of 1.02%. This lower rate can translate into substantial savings for property owners in the area. When compared to other cities in Oklahoma, BOKCHITO shares its rate with the highest and lowest median tax rates in the state, indicating a consistency in property tax assessments within the region.
This consistency can provide financial predictability for homeowners, making BOKCHITO an attractive location for those looking to invest in property. With property tax bills often being a significant annual expense, understanding these rates can help residents make informed decisions about their investments.
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 Bokchito Tax Rate
0.69%
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 Bryan County Tax Rate
0.83%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bokchito, Bryan County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74726 | 0.44% | 0.57% | 0.69% | 0.80% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Bokchito, Bryan County, Oklahoma
When examining property taxes in Bokchito, Oklahoma, 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 Bryan County appraisal district 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 Bryan 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 Bokchito. For example, the median home price in Bokchito is $91,122, with tax bills ranging significantly across the county. 74726 has the highest median home price at $91,122.
Property Tax Assessment Values Across Bokchito, Bryan County, Oklahoma
Source: Ownwell
$65,651
$106,249
$146,847
Median Bokchito Market Value
$91,122
Median Bryan County Market Value
$117,512
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bokchito, Bryan County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74726 | $32,295 | $52,159 | $91,122 | $158,163 | $238,953 |
Source: Ownwell
Property Tax Bills Across Bokchito, Bryan County, Oklahoma
Median Bokchito Tax Bill
$608
Median Bryan County Tax Bill
$903
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Bokchito, Bryan County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74726 | $183 | $314 | $608 | $1,141 | $1,695 |
Source: Ownwell