Grant County, Oklahoma Property Taxes
- Median Grant County effective property tax rate: 0.60%, significantly lower than the national median of 1.02%. Median Grant County home value: $83,486 Median annual Grant County tax bill: $460, $1,940 lower than the national median property tax bill of $2,400. How are property taxes in Grant County calculated? Property taxes in Grant 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 Medford or another part of Grant County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grant County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$501
$465
Ownwell’s Grant County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grant County with just two data points. By entering your property's estimated assessed value, our calculator applies Grant 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 Grant County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Grant County, Oklahoma
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Grant County's effective property tax rate to other counties in Oklahoma or the U.S. median property tax rate. Grant County has a median property tax rate of 0.60%, which is significantly lower than the national median property tax rate of 1.02%. Within Oklahoma, Nardin has the highest median property tax rate at 0.76%, while Manchester stands at the lowest with 0.42%. Understanding these differences can help property owners make informed decisions about property investments and tax planning.
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 Grant County Tax Rate
0.60%
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 Grant County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Deer Creek | 0.19% | 0.37% | 0.59% | 0.80% | 0.84% |
| Enid | N/A | N/A | N/A | N/A | N/A |
| Hunter | 0.50% | 0.65% | 0.73% | 0.78% | 0.89% |
| Lamont | 0.19% | 0.30% | 0.48% | 0.68% | 0.84% |
| Manchester | 0.16% | 0.30% | 0.42% | 0.66% | 0.78% |
| Medford | 0.35% | 0.50% | 0.66% | 0.78% | 0.80% |
| Nardin | 0.58% | 0.65% | 0.76% | 0.82% | 0.85% |
| Nash | 0.27% | 0.39% | 0.59% | 0.75% | 0.93% |
| Pond Creek | 0.28% | 0.45% | 0.62% | 0.81% | 0.97% |
| Wakita | 0.20% | 0.28% | 0.38% | 0.59% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Grant County, Oklahoma
When examining property taxes in Grant 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 Grant 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 Grant 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 Grant County. For example, the median tax bill in Grant County is $1,380, with tax bills ranging significantly across the county. Hunter has the highest median home price at $177,554.
Median Grant County Market Value
$83,486
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grant County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Deer Creek | $29,018 | $47,751 | $81,882 | $143,402 | $238,850 |
| Enid | N/A | N/A | N/A | N/A | N/A |
| Hunter | $100,134 | $123,356 | $177,554 | $249,080 | $352,896 |
| Lamont | $20,854 | $39,479 | $80,062 | $120,864 | $211,304 |
| Manchester | $24,652 | $50,992 | $90,146 | $135,026 | $191,245 |
| Medford | $30,122 | $48,356 | $79,598 | $121,344 | $214,975 |
| Nardin | $30,751 | $68,080 | $116,074 | $164,406 | $192,421 |
| Nash | $28,388 | $53,492 | $97,112 | $149,015 | $208,280 |
| Pond Creek | $33,958 | $62,197 | $88,336 | $136,436 | $203,587 |
| Wakita | $23,911 | $40,153 | $69,612 | $101,148 | $143,251 |
Source: Ownwell
Property Tax Bills Across Grant County, Oklahoma
In Grant County, OK, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is established by county assessors. Various factors such as location, property size, and improvements can influence this market value. In Grant County, the median home price is $83,486. The property tax rate here is notably lower than the national median, resulting in a more affordable tax bill for homeowners. While the national median property tax bill stands at $2,400, Grant County's tax bill ranges from $216 at the 25th percentile to $1,459 at the 90th percentile. This range highlights the disparity in tax burdens within the county, with Hunter having the highest median tax bill at $1,380, and Wakita the lowest at $217. These figures underscore how property taxes can vary significantly within a single county, impacting homeowners differently based on their property's assessed value and location.
Median Grant County Tax Bill
$460
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Grant County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Deer Creek | $86 | $183 | $406 | $966 | $1,841 |
| Enid | N/A | N/A | N/A | N/A | N/A |
| Hunter | $526 | $832 | $1,380 | $1,690 | $2,907 |
| Lamont | $67 | $154 | $318 | $742 | $1,423 |
| Manchester | $69 | $145 | $369 | $732 | $1,071 |
| Medford | $135 | $265 | $496 | $833 | $1,435 |
| Nardin | $369 | $567 | $790 | $1,215 | $1,350 |
| Nash | $125 | $246 | $494 | $926 | $1,702 |
| Pond Creek | $129 | $270 | $488 | $942 | $1,640 |
| Wakita | $77 | $127 | $217 | $435 | $938 |
Source: Ownwell