Calera, Bryan County, Oklahoma Property Taxes
Median CALERA, OK effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median CALERA, OK home value: $146,847
Median annual CALERA, OK tax bill: $1,115, $1,285 lower than the national median property tax bill of $2,400.
How are property taxes in Bryan County calculated?
Property taxes in CALERA, 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 CALERA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CALERA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Calera, Bryan County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,145
$1,063
Property Tax Rates Across Calera, Bryan County, Oklahoma
Local government entities are responsible for setting tax rates, leading to significant variations within a state. Each year, counties estimate the budget needed to provide essential services and divide it by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Calera, Bryan County, Oklahoma, the effective property tax rate can be compared to other cities within the state and the broader U.S. median. Oklahoma's median property tax rate stands at 0.78%, which is below the national median rate of 1.02%. This lower rate can offer financial relief to property owners in Calera, as the national median property tax bill is $2400. Understanding these comparisons can help property owners make informed decisions and potentially save on property taxes.
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 Calera Tax Rate
0.78%
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 Calera, Bryan County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74730 | 0.48% | 0.63% | 0.78% | 0.93% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Calera, Bryan County, Oklahoma
When examining property taxes in Calera, 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 Assessor 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.
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 Calera.
For example, the median home price in Calera is $146,847, with tax bills ranging significantly across the county. 74730 has the highest median home price at $146,847.
Property Tax Assessment Values Across Calera, Bryan County, Oklahoma
Source: Ownwell
$65,651
$106,249
$146,847
Median Calera Market Value
$146,847
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 Calera, Bryan County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74730 | $48,604 | $82,706 | $146,847 | $202,652 | $290,440 |
Source: Ownwell
Property Tax Bills Across Calera, Bryan County, Oklahoma
In Calera, Bryan County, OK, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is typically a percentage of the home's market value, which is then multiplied by the tax rate to calculate the annual tax bill. With a median home price of $146,847, homeowners in Calera can expect tax bills to vary significantly. For example, the 25th percentile tax bill is $534, while the 75th percentile reaches $1,730, and the 90th percentile hits $2,479. These figures highlight the potential variability in tax liabilities.
Homeowners in Calera face tax bills that can be higher than the national median tax bill of $2,400, especially at the higher percentiles. However, Ownwell can assist by identifying opportunities for property tax appeals and exemptions, potentially reducing these burdens. By leveraging expert knowledge of local tax regulations and market conditions, Ownwell helps homeowners navigate the complexities of property taxes, ensuring they pay only their fair share.
Median Calera Tax Bill
$1,115
Median Bryan County Tax Bill
$903
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Calera, Bryan County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74730 | $307 | $534 | $1,115 | $1,730 | $2,479 |
Source: Ownwell