Choctaw County, Oklahoma Property Taxes
The median property tax rate in Choctaw County is 0.70%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With a median home value of $60,068 in Choctaw County, the typical annual property tax bill is approximately $370, significantly below the national median of $2,690. Property taxes in Choctaw County are calculated based on the assessed value, which tends to be lower than the actual market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Choctaw County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hugo or another part of Choctaw County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Choctaw County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$420
$390
Ownwell’s Choctaw County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Choctaw County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Choctaw 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 Choctaw County, Oklahoma
Property taxes in Choctaw County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Choctaw County is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Choctaw County set these rates annually, and they can vary significantly between different areas within the county. Each year, Choctaw 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 Choctaw County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Antlers has one of the higher property tax rates in Oklahoma at 0.84%, while the city of Spencerville boasts one of the lowest at 0.47%. Analyzing how Choctaw County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Choctaw County Tax Rate
0.70%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Choctaw County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antlers | 0.49% | 0.68% | 0.84% | 1.01% | 1.14% |
| Boswell | 0.27% | 0.44% | 0.59% | 0.81% | 0.99% |
| Fort Towson | 0.21% | 0.39% | 0.59% | 0.82% | 0.90% |
| Ft Towson | 0.27% | 0.33% | 0.51% | 0.77% | 1.76% |
| Grant | 0.29% | 0.52% | 0.71% | 0.95% | 0.99% |
| Hugo | 0.37% | 0.59% | 0.80% | 0.92% | 0.93% |
| Sawyer | 0.19% | 0.35% | 0.57% | 0.74% | 0.90% |
| Soper | 0.19% | 0.37% | 0.58% | 0.79% | 1.00% |
| Spencerville | 0.23% | 0.31% | 0.47% | 0.67% | 0.84% |
| Swink | 0.11% | 0.32% | 0.56% | 0.70% | 0.90% |
| Valliant | 0.17% | 0.31% | 0.50% | 0.78% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Choctaw County, Oklahoma
In Choctaw 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 Choctaw 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 Choctaw 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. The median home price in Choctaw County is $60,068, with tax bills ranging from $189 at the 25th percentile to $1,216 at the 90th percentile. Antlers has the highest median tax bill at $541, while Swink has the lowest at $164. Being aware of these valuation processes in Choctaw County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Choctaw County Assessed Value
$60,068
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Choctaw County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antlers | $26,798 | $44,673 | $67,216 | $100,761 | $154,503 |
| Boswell | $11,813 | $25,210 | $61,834 | $94,338 | $150,408 |
| Fort Towson | $17,850 | $38,628 | $76,413 | $122,642 | $181,497 |
| Ft Towson | $12,571 | $14,153 | $30,785 | $74,166 | $133,274 |
| Grant | $20,811 | $30,212 | $47,241 | $86,727 | $139,524 |
| Hugo | $17,335 | $30,732 | $53,782 | $87,866 | $146,668 |
| Sawyer | $24,313 | $48,160 | $90,345 | $152,191 | $239,277 |
| Soper | $14,386 | $34,422 | $68,411 | $106,824 | $151,360 |
| Spencerville | $19,811 | $70,696 | $101,221 | $174,905 | $299,408 |
| Swink | $14,255 | $21,688 | $34,996 | $66,668 | $107,819 |
| Valliant | $22,536 | $40,056 | $89,904 | $133,571 | $178,234 |
Source: Ownwell
Property Tax Bills Across Choctaw County, Oklahoma
In Choctaw County, OK, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in the county is $60,068. Homeowners can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $189 and the 75th percentile reaching $684. For those in the 90th percentile, tax bills can be as high as $1,216. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions. For example, the highest median tax bill in the county is found in Antlers at $541, while Swink has the lowest median tax bill at $164. These variations can have a substantial impact on homeowners, influencing their overall cost of living and financial planning. Compared to the national median property tax rate of 0.99%, Choctaw County's rates provide a relatively affordable option for property owners.
Average Choctaw County Tax Bill
$370
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Choctaw County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antlers | $187 | $322 | $541 | $902 | $1,763 |
| Boswell | $54 | $139 | $325 | $590 | $1,076 |
| Fort Towson | $60 | $167 | $360 | $738 | $1,281 |
| Ft Towson | $36 | $46 | $194 | $938 | $1,039 |
| Grant | $59 | $184 | $316 | $628 | $1,304 |
| Hugo | $97 | $206 | $377 | $660 | $1,156 |
| Sawyer | $78 | $198 | $452 | $837 | $1,545 |
| Soper | $2 | $140 | $325 | $654 | $1,041 |
| Spencerville | $68 | $181 | $425 | $784 | $1,808 |
| Swink | $20 | $119 | $164 | $394 | $861 |
| Valliant | $78 | $166 | $344 | $674 | $1,185 |
Source: Ownwell