Delaware County Property Taxes
The median property tax rate in Delaware County is 0.78%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Delaware County at $141,764, the typical annual property tax bill reaches $1,031, significantly below the national median of $2,690. Property taxes in Delaware County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Delaware 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 Grove or another part of Delaware County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Delaware County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$1,106
Ownwell’s Delaware County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Delaware County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Delaware 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 Delaware County, Oklahoma
Property taxes in Delaware County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Delaware County is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Delaware County set these rates annually, and they can vary significantly between different areas within the county. Each year, Delaware 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. For comparison, the city of Monkey Island has one of the higher property tax rates in Oklahoma at 0.92%, while the city of Salina boasts one of the lowest at 0.50%. Analyzing how Delaware County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Delaware County Tax Rate
0.78%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delaware County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | 0.56% | 0.69% | 0.84% | 0.95% | 1.07% |
| Bernice | 0.40% | 0.56% | 0.71% | 0.90% | 0.95% |
| Colcord | 0.41% | 0.53% | 0.67% | 0.83% | 1.02% |
| Eucha | 0.44% | 0.62% | 0.83% | 1.00% | 1.02% |
| Fairland | 0.51% | 0.61% | 0.68% | 0.77% | 0.86% |
| Grove | 0.54% | 0.65% | 0.79% | 0.93% | 0.94% |
| Jay | 0.42% | 0.57% | 0.73% | 0.90% | 0.98% |
| Kansas | 0.45% | 0.62% | 0.78% | 1.03% | 1.15% |
| Monkey Island | 0.64% | 0.86% | 0.92% | 1.01% | 1.05% |
| Oaks | 0.35% | 0.41% | 0.51% | 0.63% | 0.82% |
| Rose | 0.33% | 0.49% | 0.61% | 0.80% | 0.84% |
| Salina | 0.22% | 0.34% | 0.50% | 0.64% | 0.83% |
| Spavinaw | 0.35% | 0.51% | 0.69% | 0.87% | 1.02% |
| Twin Oaks | 0.45% | 0.47% | 0.57% | 0.71% | 0.84% |
| Vinita | 0.61% | 0.62% | 0.64% | 0.66% | 0.67% |
| Watts | 0.36% | 0.44% | 0.58% | 0.78% | 0.83% |
| Wyandotte | 0.38% | 0.50% | 0.62% | 0.72% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Delaware County, Oklahoma
In Delaware 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 Delaware 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 Delaware 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. The median home price in Delaware County is $141,764, with tax bills ranging significantly. For example, Monkey Island has the highest median tax bill at $2,958, while Salina has the lowest at $307. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Delaware County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Delaware County, Oklahoma
Source: Ownwell
$66,992
$202,396
$337,800
Average Delaware County Assessed Value
$141,764
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delaware County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | $32,917 | $92,387 | $212,208 | $404,482 | $634,000 |
| Bernice | $17,275 | $47,100 | $103,067 | $160,002 | $240,709 |
| Colcord | $20,512 | $53,677 | $104,076 | $180,596 | $267,285 |
| Eucha | $10,598 | $42,479 | $102,742 | $223,404 | $370,341 |
| Fairland | $37,601 | $55,914 | $79,963 | $113,883 | $188,546 |
| Grove | $43,194 | $99,443 | $178,807 | $288,551 | $459,582 |
| Jay | $20,211 | $54,441 | $101,685 | $172,177 | $285,001 |
| Kansas | $15,958 | $40,000 | $86,974 | $155,136 | $229,413 |
| Monkey Island | $13,932 | $109,019 | $337,800 | $440,462 | $661,967 |
| Oaks | $23,417 | $61,624 | $78,006 | $91,547 | $138,030 |
| Rose | $16,252 | $55,447 | $111,750 | $183,282 | $298,136 |
| Salina | $11,411 | $38,445 | $66,992 | $97,322 | $136,510 |
| Spavinaw | $17,305 | $57,114 | $89,338 | $151,700 | $222,149 |
| Twin Oaks | $19,451 | $77,547 | $85,279 | $99,025 | $102,214 |
| Vinita | $79,671 | $102,995 | $141,868 | $180,740 | $204,064 |
| Watts | $20,408 | $39,490 | $85,741 | $155,014 | $220,084 |
| Wyandotte | $32,002 | $60,425 | $102,465 | $153,212 | $232,256 |
Source: Ownwell
Property Tax Bills Across Delaware County, Oklahoma
In Delaware County, OK, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this county is $141,764, and the tax rates applied to this assessed value determine the final tax bill. Factors influencing the tax bill include the property's location, its assessed value, and any applicable exemptions or deductions. Homeowners in Delaware County experience a wide range of tax bills. For instance, the tax bill at the 25th percentile is $452, while at the 75th percentile, it rises to $2,084. The 90th percentile tax bill can reach up to $3,810. These variations highlight how property values and tax rates can significantly impact the amount homeowners owe. Comparatively, Delaware County's property tax rates can be seen as moderate when juxtaposed with the national median property tax rate of 0.99%. Homeowners in cities like Monkey Island face the highest median tax bill of $2,958, while those in Salina enjoy the lowest at $307. This disparity underscores the importance of understanding local property tax dynamics.
Average Delaware County Tax Bill
$1,031
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Delaware County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Afton | $230 | $653 | $1,700 | $3,510 | $5,594 |
| Bernice | $126 | $288 | $616 | $1,129 | $1,632 |
| Colcord | $145 | $327 | $668 | $1,218 | $1,841 |
| Eucha | $80 | $270 | $737 | $1,728 | $3,367 |
| Fairland | $228 | $367 | $595 | $656 | $1,365 |
| Grove | $292 | $689 | $1,313 | $2,213 | $3,764 |
| Jay | $148 | $339 | $668 | $1,281 | $2,156 |
| Kansas | $121 | $293 | $638 | $1,189 | $1,889 |
| Monkey Island | $111 | $1,006 | $2,958 | $4,115 | $6,394 |
| Oaks | $103 | $263 | $373 | $466 | $808 |
| Rose | $112 | $311 | $671 | $1,156 | $2,078 |
| Salina | $83 | $182 | $307 | $502 | $775 |
| Spavinaw | $133 | $225 | $573 | $1,124 | $1,378 |
| Twin Oaks | $84 | $290 | $452 | $576 | $837 |
| Vinita | $494 | $660 | $936 | $1,213 | $1,379 |
| Watts | $125 | $219 | $430 | $763 | $1,181 |
| Wyandotte | $153 | $290 | $584 | $960 | $1,507 |
Source: Ownwell