Jackson County, Oklahoma Property Taxes
The median property tax rate in Jackson County is 0.91%, which is slightly lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Jackson County at $62,313, the typical annual property tax bill is approximately $496, significantly less than the national median of $2,690. Property taxes in Jackson County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Jackson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Altus or another part of Jackson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jackson County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$567
$526
Ownwell’s Jackson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Jackson County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Jackson 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 Jackson County, Oklahoma
Property taxes in Jackson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jackson County is 0.91%, which is lower than the U.S. national median of 0.99%. Local government entities within Jackson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jackson 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 Duke has one of the higher property tax rates in Oklahoma at 0.94%, while the city of Mangum boasts one of the lowest at 0.66%. Analyzing how Jackson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jackson County Tax Rate
0.91%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altus | 0.60% | 0.77% | 0.94% | 1.01% | 1.02% |
| Altus Afb | 0.58% | 0.74% | 0.93% | 1.03% | 1.15% |
| Blair | 0.43% | 0.61% | 0.86% | 1.02% | 1.11% |
| Duke | 0.52% | 0.73% | 0.94% | 1.13% | 1.22% |
| Eldorado | 0.47% | 0.65% | 0.85% | 0.90% | 0.90% |
| Elmer | 0.40% | 0.63% | 0.87% | 1.01% | 1.02% |
| Headrick | 0.31% | 0.61% | 0.81% | 0.95% | 1.02% |
| Mangum | N/A | N/A | N/A | N/A | N/A |
| Martha | 0.47% | 0.72% | 0.85% | 0.96% | 1.09% |
| Olustee | 0.49% | 0.67% | 0.84% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Jackson County, Oklahoma
In Jackson 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 Jackson 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 Jackson 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. Being aware of these valuation processes in Jackson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Mangum has the highest median tax bill at $877, while Eldorado has the lowest at $211.
Average Jackson County Assessed Value
$62,313
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altus | $22,636 | $33,140 | $63,011 | $147,305 | $241,418 |
| Altus Afb | $23,633 | $30,932 | $44,659 | $128,804 | $164,304 |
| Blair | $24,758 | $41,626 | $80,431 | $141,331 | $246,559 |
| Duke | $27,132 | $40,933 | $71,272 | $122,516 | $183,764 |
| Eldorado | $11,596 | $18,605 | $27,210 | $50,320 | $90,274 |
| Elmer | $14,009 | $22,254 | $54,627 | $95,326 | $230,660 |
| Headrick | $17,880 | $39,209 | $72,750 | $117,273 | $202,509 |
| Mangum | N/A | N/A | N/A | N/A | N/A |
| Martha | $25,472 | $30,875 | $46,993 | $80,840 | $151,226 |
| Olustee | $16,893 | $23,834 | $38,594 | $70,766 | $137,428 |
Source: Ownwell
Property Tax Bills Across Jackson County, Oklahoma
In Jackson County, OK, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine your tax bill. Various factors influence the assessed value, including the property's location, size, and condition. Homeowners in Jackson County experience a range of tax bills. The median home price is $62,313, and tax bills can vary significantly. For instance, the 25th percentile of tax bills is $259, while the 75th percentile is $1,181, and the 90th percentile reaches $2,206. Mangum has the highest median tax bill in the county at $877, while Eldorado has the lowest at $211. Compared to the national median property tax rate of 0.99%, Jackson County offers relatively affordable property taxes. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners.
Average Jackson County Tax Bill
$496
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altus | $174 | $271 | $522 | $1,276 | $2,286 |
| Altus Afb | $230 | $250 | $408 | $969 | $1,492 |
| Blair | $173 | $282 | $544 | $1,104 | $2,160 |
| Duke | $192 | $316 | $610 | $1,094 | $2,013 |
| Eldorado | $72 | $132 | $211 | $357 | $610 |
| Elmer | $83 | $176 | $380 | $809 | $2,432 |
| Headrick | $108 | $228 | $493 | $870 | $1,807 |
| Mangum | N/A | N/A | N/A | N/A | N/A |
| Martha | $148 | $240 | $364 | $605 | $1,411 |
| Olustee | $122 | $180 | $281 | $559 | $1,071 |
Source: Ownwell