Garfield County, Oklahoma Property Taxes
The median property tax rate in Garfield County is 1.14%, which is significantly higher than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Garfield County at $94,470, the typical annual property tax bill reaches $950, which is below the national median of $2,690. Property taxes in Garfield 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 Garfield 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 Enid or another part of Garfield County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Garfield County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$1,077
$999
Ownwell’s Garfield County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Garfield County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Garfield 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 Garfield County, Oklahoma
Property taxes in Garfield County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Garfield County is 1.14%, which is higher than both the Oklahoma state median and the U.S. national median of 0.99%. Local government entities within Garfield County set these rates annually, and they can vary significantly between different areas within the county. Each year, Garfield 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 Garfield County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Carrier has one of the higher property tax rates in Oklahoma at 1.22%, while the city of Lahoma boasts one of the lowest at 0.86%. Analyzing how Garfield County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Garfield County Tax Rate
1.14%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garfield County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ames | 0.62% | 0.88% | 0.96% | 0.96% | 1.22% |
| Billings | N/A | N/A | N/A | N/A | N/A |
| Bison | 0.50% | 0.86% | 1.09% | 1.20% | 1.31% |
| Carrier | 0.64% | 0.95% | 1.22% | 1.30% | 1.30% |
| Covington | 0.42% | 0.66% | 1.05% | 1.32% | 1.35% |
| Douglas | 0.68% | 0.88% | 1.09% | 1.33% | 1.35% |
| Drummond | 0.58% | 0.96% | 1.20% | 1.29% | 1.30% |
| Enid | 0.50% | 0.82% | 1.15% | 1.30% | 1.32% |
| Fairmont | 0.52% | 0.88% | 1.13% | 1.29% | 1.29% |
| Garber | 0.43% | 0.68% | 1.06% | 1.29% | 1.29% |
| Goltry | 0.57% | 0.84% | 0.98% | 1.28% | 1.30% |
| Hennessey | 0.89% | 1.13% | 1.20% | 1.30% | 1.31% |
| Hillsdale | 0.31% | 0.54% | 0.98% | 1.14% | 1.34% |
| Hunter | 0.49% | 0.70% | 0.99% | 1.20% | 1.23% |
| Kremlin | 0.54% | 0.78% | 1.12% | 1.33% | 1.34% |
| Lahoma | 0.45% | 0.65% | 0.86% | 0.96% | 0.96% |
| Lucien | 0.84% | 0.99% | 1.03% | 1.28% | 1.35% |
| Marshall | 0.81% | 0.94% | 1.20% | 1.32% | 1.35% |
| Nash | N/A | N/A | N/A | N/A | N/A |
| Orlando | N/A | N/A | N/A | N/A | N/A |
| Waukomis | 0.59% | 0.79% | 1.13% | 1.30% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Garfield County, Oklahoma
In Garfield 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 Garfield 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 Garfield 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 Garfield County stands at $94,470, with tax bills ranging from $462 at the 25th percentile to $3,024 at the 90th percentile. Goltry has the highest median tax bill at $1,180, while Hillsdale has the lowest at $353. Being aware of these valuation processes in Garfield 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 Garfield County, Oklahoma
Source: Ownwell
$49,030
$97,303
$145,575
Average Garfield County Assessed Value
$94,470
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garfield County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ames | $22,146 | $32,500 | $53,550 | $97,870 | $143,428 |
| Billings | N/A | N/A | N/A | N/A | N/A |
| Bison | $17,790 | $38,160 | $74,150 | $124,040 | $171,595 |
| Carrier | $40,759 | $77,392 | $114,591 | $173,498 | $279,423 |
| Covington | $4,670 | $24,360 | $49,030 | $82,570 | $143,380 |
| Douglas | $2,734 | $23,465 | $55,300 | $118,224 | $181,836 |
| Drummond | $8,820 | $37,825 | $71,310 | $142,318 | $191,800 |
| Enid | $39,141 | $58,547 | $100,830 | $161,850 | $261,422 |
| Fairmont | $13,040 | $39,865 | $80,660 | $133,885 | $195,488 |
| Garber | $17,664 | $32,190 | $55,550 | $92,260 | $157,328 |
| Goltry | $84,266 | $87,958 | $137,540 | $167,942 | $215,119 |
| Hennessey | $37,078 | $40,830 | $54,540 | $87,440 | $175,286 |
| Hillsdale | $28,808 | $34,390 | $51,260 | $68,600 | $89,244 |
| Hunter | $17,500 | $40,495 | $68,510 | $118,025 | $220,502 |
| Kremlin | $29,104 | $68,400 | $99,310 | $160,670 | $245,262 |
| Lahoma | $25,410 | $61,978 | $89,185 | $133,700 | $186,610 |
| Lucien | $25,368 | $32,130 | $72,270 | $145,590 | $150,156 |
| Marshall | $30,794 | $66,070 | $102,840 | $161,908 | $296,176 |
| Nash | N/A | N/A | N/A | N/A | N/A |
| Orlando | N/A | N/A | N/A | N/A | N/A |
| Waukomis | $29,436 | $56,265 | $83,440 | $119,848 | $193,219 |
Source: Ownwell
Property Tax Bills Across Garfield County, Oklahoma
Property tax bills in Garfield County, OK, are determined by assessing the market value of a property and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the tax rate to calculate the annual tax bill. Several factors influence the final tax amount, including property location, size, and any applicable exemptions. For instance, homeowners in Garfield County experience a wide range of tax bills, with the 25th percentile at $462 and the 75th percentile reaching $1,811. The highest median tax bill in the county is found in Goltry at $1,180, while Hillsdale has the lowest median tax bill at $353. These variations highlight the impact of property values and local tax rates on homeowners' finances. Understanding these factors is crucial for homeowners as property taxes significantly influence the overall cost of owning a home. Effective management and potential appeals can help mitigate high property tax burdens, ensuring a more affordable homeownership experience.
Average Garfield County Tax Bill
$950
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Garfield County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ames | $200 | $313 | $494 | $773 | $1,409 |
| Billings | N/A | N/A | N/A | N/A | N/A |
| Bison | $132 | $358 | $627 | $1,130 | $1,866 |
| Carrier | $289 | $654 | $1,162 | $1,828 | $3,417 |
| Covington | $61 | $198 | $444 | $846 | $1,663 |
| Douglas | $75 | $304 | $667 | $1,243 | $2,072 |
| Drummond | $108 | $294 | $803 | $1,568 | $2,342 |
| Enid | $246 | $490 | $1,030 | $1,905 | $3,167 |
| Fairmont | $164 | $439 | $821 | $1,398 | $2,250 |
| Garber | $133 | $240 | $518 | $911 | $1,755 |
| Goltry | $570 | $734 | $1,180 | $2,094 | $2,756 |
| Hennessey | $419 | $489 | $618 | $972 | $1,942 |
| Hillsdale | $119 | $225 | $353 | $593 | $1,014 |
| Hunter | $110 | $278 | $591 | $1,164 | $2,263 |
| Kremlin | $239 | $500 | $1,050 | $1,731 | $2,623 |
| Lahoma | $175 | $399 | $686 | $1,099 | $1,583 |
| Lucien | $256 | $435 | $599 | $1,512 | $1,916 |
| Marshall | $354 | $764 | $1,156 | $2,100 | $3,837 |
| Nash | N/A | N/A | N/A | N/A | N/A |
| Orlando | N/A | N/A | N/A | N/A | N/A |
| Waukomis | $250 | $513 | $846 | $1,245 | $2,216 |
Source: Ownwell