El Reno, Canadian County, Oklahoma Property Taxes

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

Median EL RENO, OK effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median EL RENO, OK home value: $131,864
Median annual EL RENO, OK tax bill: $1,036, $1,364 lower than the national median property tax bill of $2,400.

How are property taxes in Canadian County calculated?

Property taxes in EL RENO, 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 EL RENO’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in EL RENO, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

El Reno, Canadian County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$1,187

$1,101

Ownwell’s El Reno Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in El Reno with just two data points. By entering your property's estimated assessed value, our calculator applies El Reno’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 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 Canadian County. With El Reno's property tax bill being notably lower than the national median, you can see how local tax rates compare to broader trends. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across El Reno, Canadian County, Oklahoma

Local government entities are responsible for setting property tax rates, and these can vary significantly within Oklahoma. Each year, Canadian County, like others, estimates its necessary budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although setting tax rates and budgets involves votes and laws, this is essentially the annual procedure.

In El Reno, located in Canadian County, the effective property tax rate stands at 0.90%. This rate is below the national median property tax rate of 1.02%, offering a comparative advantage to property owners in the area. When comparing El Reno’s property tax rate to other cities in Oklahoma, it remains consistent with the state's median, providing a stable and predictable environment for property owners. With the national median property tax bill at $2,400, El Reno's property tax rates can contribute to a more affordable cost of living, making it an attractive option for prospective homeowners and investors.

Property Tax Rates Across El Reno, Canadian County, Oklahoma

Source: Ownwell

0.59%

0.86%

1.12%

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 El Reno Tax Rate

0.90%

Median Effective Canadian County Tax Rate

1.01%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across El Reno, Canadian County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
73036	0.52%	0.70%	0.90%	1.06%	1.15%

Source: Ownwell

Property Tax Assessment Values Across El Reno, Canadian County, Oklahoma

When examining property taxes in El Reno, 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 Canadian 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.

In Canadian 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 El Reno.

For example, the median home price in El Reno is $131,864, with tax bills ranging significantly across the county. 73036 has the highest median home price at $131,864.

Property Tax Assessment Values Across El Reno, Canadian County, Oklahoma

Source: Ownwell

$42,891

$180,777

$318,662

Median El Reno Market Value

$131,864

Median Canadian County Market Value

$228,594

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across El Reno, Canadian County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
73036	$43,873	$72,565	$131,864	$201,682	$301,496

Source: Ownwell

Property Tax Bills Across El Reno, Canadian County, Oklahoma

In El Reno, located in Canadian County, OK, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. With a median home price of $131,864, the local property tax rate is applied to determine the annual tax bill. In this region, the median property tax bill stands at $1,036, which is below the national median of $2,400. Factors influencing the tax bill include the home's assessed value and applicable local tax rates. These rates are determined by local government budgets and the need to fund public services such as schools and infrastructure. Homeowners in El Reno may find their tax bills ranging from the 25th percentile at $559 to the 90th percentile at $2,609. Ownwell can assist homeowners in reducing their property tax bills by identifying potential exemptions and ensuring their home's assessed value is accurate. Our expertise in property tax appeals can lead to significant savings, providing peace of mind and financial relief.

Property Tax Bills Across El Reno, Canadian County, Oklahoma

Source: Ownwell

$350

$1,832

$3,314

Median El Reno Tax Bill

$1,036

Median Canadian County Tax Bill

$2,244

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across El Reno, Canadian County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
73036	$297	$559	$1,036	$1,729	$2,609

Source: Ownwell