Stigler, Oklahoma Property Taxes
The median property tax rate in Stigler, OK is 0.75%, 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 Stigler at $66,463, the typical annual property tax bill is $444, significantly less than the national median of $2,690. Property taxes in Stigler are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Stigler's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Stigler or another part of Haskell County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stigler, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$498
Ownwell’s Stigler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stigler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stigler to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Stigler, Oklahoma
Property taxes in Stigler, Oklahoma, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stigler is 0.75%, which is below the U.S. national median of 0.99%. Local government entities within Stigler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stigler estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Stigler's effective property tax rate to other counties in Oklahoma and the national median. For comparison, the 74462 zip code has both the highest and lowest median property tax rate of 0.75%. Understanding how these areas compare with Stigler provides valuable insights into the varying tax landscape across Haskell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stigler Tax Rate
0.75%
Average Haskell County Tax Rate
0.72%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stigler, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74462 | 0.43% | 0.59% | 0.75% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Stigler, Oklahoma
In Stigler, Oklahoma, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Haskell County Assessor for tax purposes. In contrast, the assessed value 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. In Stigler, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Stigler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Stigler is $66,463, with tax bills ranging from $231 at the 25th percentile to $1,509 at the 90th percentile. The zip code 74462 has both the highest and lowest median tax bill at $444.
Average Stigler Assessed Value
$66,463
Average Haskell County Assessed Value
$61,017
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stigler, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74462 | $22,078 | $36,224 | $66,463 | $117,271 | $196,633 |
Source: Ownwell
Property Tax Bills Across Stigler, Oklahoma
In Stigler, located in Haskell County, Oklahoma, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. The median home price in Stigler is $66,463. Property taxes are determined by multiplying the assessed value by the local tax rate. For homeowners in Stigler, tax bills can vary significantly, with the 25th percentile tax bill being $231 and the 75th percentile reaching $824. At the 90th percentile, tax bills can go up to $1,509. Several factors influence these tax bills, including the market value of the property, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, homeowners in Stigler may find their tax bills to be relatively manageable. However, the impact on homeowners can still be significant, especially for those with higher-valued properties or fewer exemptions. Understanding how these factors interplay is crucial for homeowners to anticipate their annual tax obligations.
Average Stigler Tax Bill
$444
Average Haskell County Tax Bill
$400
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Stigler, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74462 | $125 | $231 | $444 | $824 | $1,509 |
Source: Ownwell