Carter County, Oklahoma Property Taxes
Median Carter County effective property tax rate: 0.85%, significantly lower than the national median of 1.02%. Median Carter County home value: $117,168. Median annual Carter County tax bill: $941, $1,459 lower than the national median property tax bill of $2,400. How are property taxes in Carter County calculated? Property taxes in Carter 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 Ardmore or another part of Carter County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Carter County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$996
$924
Ownwell’s Carter County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Carter County with just two data points. By entering your property's estimated assessed value, our calculator applies Carter 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 Carter County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Carter County, Oklahoma
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties determine their budgetary needs for providing essential services and divide this figure by the total value of all taxable properties within their jurisdiction. This calculation results in the county’s property tax rate. While the process involves votes and regulations, this is the core annual procedure used to establish tax rates. In Carter County, Oklahoma, the effective property tax rate is a key metric for comparison. With a median tax rate of 0.85%, Carter County's rate is below the national median of 1.02%, offering a more favorable tax environment compared to many other regions. Within Oklahoma, the highest median tax rate is found in Lone Grove at 1.16%, while Ratliff City boasts the lowest at 0.50%. These variations highlight the importance of understanding local tax rates, as they can significantly impact property ownership costs.
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 Carter County Tax Rate
0.85%
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 Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Carter County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ardmore | 0.45% | 0.63% | 0.83% | 1.01% | 1.18% |
| Gene Autry | N/A | N/A | N/A | N/A | N/A |
| Graham | 0.21% | 0.43% | 0.56% | 0.74% | 0.83% |
| Healdton | 0.39% | 0.64% | 0.96% | 1.16% | 1.16% |
| Hennepin | 0.19% | 0.41% | 0.52% | 0.69% | 0.87% |
| Lone Grove | 0.71% | 0.98% | 1.16% | 1.26% | 1.26% |
| Madill | 0.48% | 0.55% | 0.74% | 0.95% | 1.11% |
| Mannsville | N/A | N/A | N/A | N/A | N/A |
| Overbrook | 0.51% | 0.63% | 0.78% | 1.07% | 1.21% |
| Ratliff City | 0.24% | 0.35% | 0.50% | 0.67% | 0.84% |
| Ringling | 0.58% | 0.73% | 0.87% | 0.95% | 0.95% |
| Springer | 0.35% | 0.47% | 0.67% | 0.88% | 1.03% |
| Tatums | 0.28% | 0.30% | 0.35% | 0.41% | 0.61% |
| Tussy | 0.18% | 0.32% | 0.52% | 0.68% | 0.90% |
| Wilson | 0.48% | 0.76% | 1.00% | 1.23% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Carter County, Oklahoma
When examining property taxes in Carter 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 Carter 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 Carter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Carter County. For example, the median tax bill in Carter County is $1,284, with tax bills ranging significantly across the county. Madill has the highest median home price at $178,927.
Median Carter County Market Value
$117,168
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carter County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ardmore | $45,763 | $74,752 | $135,000 | $230,845 | $333,212 |
| Gene Autry | N/A | N/A | N/A | N/A | N/A |
| Graham | $27,354 | $35,994 | $71,306 | $101,264 | $200,064 |
| Healdton | $16,915 | $27,014 | $44,000 | $88,376 | $174,324 |
| Hennepin | $39,942 | $64,085 | $122,022 | $210,136 | $357,462 |
| Lone Grove | $40,217 | $67,031 | $100,043 | $158,578 | $237,225 |
| Madill | $79,651 | $111,012 | $178,927 | $227,722 | $272,757 |
| Mannsville | N/A | N/A | N/A | N/A | N/A |
| Overbrook | $60,000 | $82,121 | $132,253 | $319,220 | $407,396 |
| Ratliff City | $42,324 | $68,774 | $107,579 | $176,140 | $271,733 |
| Ringling | $42,805 | $80,110 | $131,708 | $182,984 | $286,859 |
| Springer | $38,345 | $66,496 | $130,368 | $235,952 | $365,793 |
| Tatums | $35,486 | $52,619 | $72,042 | $91,375 | $147,773 |
| Tussy | $26,016 | $58,678 | $86,205 | $163,892 | $223,759 |
| Wilson | $20,339 | $34,612 | $64,041 | $129,122 | $220,023 |
Source: Ownwell
Property Tax Bills Across Carter County, Oklahoma
In Carter County, OK, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value, which reflects the property's worth in the current real estate market. Homeowners in Carter County face a median property tax bill of $1,284 in Madill, while Tatums sees a notably lower median bill of $279. These figures are well below the national median property tax bill of $2,400, offering a more affordable option for residents compared to the national average. Various factors influence the tax bill, including property location, size, and improvements, which can lead to variations within the county. The tax bill significantly impacts homeowners, as it is a recurring cost that must be budgeted for annually. Understanding these dynamics is crucial for homeowners to manage their financial obligations effectively and anticipate yearly expenses.
Median Carter County Tax Bill
$941
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Carter County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ardmore | $288 | $547 | $1,069 | $1,986 | $3,102 |
| Gene Autry | N/A | N/A | N/A | N/A | N/A |
| Graham | $102 | $194 | $308 | $750 | $1,209 |
| Healdton | $104 | $222 | $396 | $731 | $1,366 |
| Hennepin | $88 | $236 | $668 | $1,200 | $2,688 |
| Lone Grove | $359 | $654 | $1,088 | $1,843 | $2,734 |
| Madill | $496 | $608 | $1,284 | $2,036 | $2,400 |
| Mannsville | N/A | N/A | N/A | N/A | N/A |
| Overbrook | $468 | $663 | $929 | $2,634 | $3,565 |
| Ratliff City | $147 | $271 | $523 | $1,006 | $1,675 |
| Ringling | $293 | $594 | $1,005 | $1,542 | $2,360 |
| Springer | $197 | $353 | $787 | $1,853 | $3,034 |
| Tatums | $95 | $174 | $279 | $442 | $496 |
| Tussy | $45 | $134 | $443 | $956 | $1,350 |
| Wilson | $133 | $294 | $604 | $1,274 | $2,264 |
Source: Ownwell