Craig County, Oklahoma Property Taxes

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

Median Craig County effective property tax rate: 0.82%, significantly lower than the national median of 1.02%.
Median Craig County home value: $75,683
Median annual Craig County tax bill: $568, $1,832 lower than the national median property tax bill of $2,400.

How are property taxes in Craig County calculated?

Property taxes in Craig 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 Vinita or another part of Craig County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Craig County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$621

$576

Ownwell’s Creek County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Creek County with just two data points. By entering your property's estimated assessed value, our calculator applies Creek 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 Creek County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Craig County, Oklahoma

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential 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 play a role in setting these rates and budgets, this is essentially the annual process.

In Craig County, Oklahoma, the effective property tax rate is 0.82%, which is below the national median property tax rate of 1.02%. Compared to other counties in Oklahoma, Craig County's rate is moderate. For instance, Adair boasts the highest median tax rate in the state at 0.92%, while Afton has the lowest at 0.67%. This comparison highlights the diversity in property tax rates within the state and underscores the importance of understanding local tax dynamics. By staying informed about these rates, property owners can better manage their tax liabilities and potentially identify opportunities for tax appeals or exemptions.

Property Tax Rates Across Craig County, Oklahoma

Source: Ownwell

0.67%

0.79%

0.92%

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 Craig County Tax Rate

0.82%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Craig County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Adair	0.37%	0.59%	0.92%	0.98%	0.99%
Afton	0.37%	0.47%	0.67%	0.86%	0.97%
Big Cabin	0.39%	0.57%	0.74%	0.91%	0.99%
Bluejacket	0.41%	0.54%	0.68%	0.82%	0.94%
Chelsea	0.40%	0.59%	0.77%	0.83%	0.95%
Ketchum	0.35%	0.52%	0.74%	0.97%	0.97%
Miami	0.59%	0.69%	0.76%	0.92%	0.96%
S Coffeyville	N/A	N/A	N/A	N/A	N/A
Vinita	0.48%	0.67%	0.85%	0.99%	0.99%
Welch	0.44%	0.60%	0.77%	0.89%	0.98%

Source: Ownwell

Property Tax Assessment Values Across Craig County, Oklahoma

When examining property taxes in Craig 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 Craig 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.

Assessment notices: In Craig 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 Craig County. For example, the median tax bill in Craig County is $756, with tax bills ranging significantly across the county. Afton has the highest median home price at $138,004.

Property Tax Assessment Values Across Craig County, Oklahoma

Source: Ownwell

$70,085

$104,045

$138,004

Median Craig County Market Value

$75,683

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Craig County, Oklahoma

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Adair	$42,067	$69,887	$121,142	$177,788	$307,329
Afton	$40,048	$67,726	$138,004	$280,132	$424,822
Big Cabin	$26,107	$53,431	$91,715	$160,839	$237,310
Bluejacket	$26,372	$48,584	$78,334	$144,002	$223,436
Chelsea	$37,775	$74,668	$124,879	$179,041	$228,641
Ketchum	$32,651	$42,419	$74,260	$115,672	$133,057
Miami	$69,117	$81,087	$117,851	$181,081	$247,043
S Coffeyville	N/A	N/A	N/A	N/A	N/A
Vinita	$21,944	$40,572	$70,085	$126,252	$200,614
Welch	$34,152	$54,480	$82,977	$142,752	$225,349

Source: Ownwell

Property Tax Bills Across Craig County, Oklahoma

In Craig County, OK, property tax bills are determined by assessing the value of a property and applying the local tax rate. With a median home price of $75,683, property taxes are calculated based on this assessed value. The resulting tax bill can vary significantly, with the 25th percentile at $302 and the 75th percentile reaching $1,063. These figures show a range of tax burdens that homeowners might face. The 90th percentile tax bill climbs to $1,738, indicating that some properties incur higher taxes due to their assessed value or specific tax rates applied. Adair boasts the highest median tax bill in the county at $1,104, while Ketchum has the lowest at $473. Compared to the national median property tax rate of 1.02% and a national median tax bill of $2,400, Craig County's property taxes are relatively lower. This lower tax burden can be beneficial for homeowners, offering them a more affordable cost of living compared to other regions.

Property Tax Bills Across Craig County, Oklahoma

Source: Ownwell

$473

$789

$1,104

Median Craig County Tax Bill

$568

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Craig County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Adair	$211	$418	$1,104	$1,694	$2,814
Afton	$218	$380	$997	$1,584	$2,716
Big Cabin	$135	$331	$640	$1,198	$1,995
Bluejacket	$137	$268	$530	$983	$1,642
Chelsea	$248	$361	$745	$1,297	$1,859
Ketchum	$130	$277	$473	$840	$1,137
Miami	$451	$512	$990	$1,409	$2,144
S Coffeyville	N/A	N/A	N/A	N/A	N/A
Vinita	$143	$294	$544	$1,009	$1,669
Welch	$190	$338	$612	$1,123	$1,974

Source: Ownwell