Johnston County Property Taxes
The median property tax rate in Johnston County is 0.70%, which is notably lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Johnston County at $84,611, the typical annual property tax bill amounts to $521, significantly below the national median of $2,690. Property taxes in Johnston County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Johnston County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can result in substantial annual savings. Whether you reside in Tishomingo or another part of Johnston County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Johnston County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$592
Ownwell’s Johnston County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Johnston County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Johnston 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 Johnston County, Oklahoma
Property taxes in Johnston County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Johnston County is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Johnston County set these rates annually, and they can vary significantly between different areas within the county. Each year, Johnston 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 Mannsville has one of the higher property tax rates in Oklahoma at 0.85%, while the city of Connerville boasts one of the lowest at 0.53%. Analyzing how Johnston County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Johnston County Tax Rate
0.70%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnston County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | 0.17% | 0.65% | 0.80% | 0.90% | 1.03% |
Ardmore | 0.39% | 0.50% | 0.79% | 0.93% | 0.95% |
Bromide | 0.31% | 0.43% | 0.57% | 0.79% | 1.03% |
Coleman | 0.28% | 0.38% | 0.56% | 0.73% | 0.83% |
Connerville | 0.29% | 0.40% | 0.53% | 0.73% | 0.98% |
Kenefic | 0.42% | 0.59% | 0.75% | 1.05% | 1.08% |
Madill | 0.44% | 0.66% | 0.76% | 0.79% | 0.94% |
Mannsville | 0.43% | 0.60% | 0.85% | 0.95% | 0.96% |
Milburn | 0.31% | 0.45% | 0.65% | 0.80% | 0.85% |
Mill Creek | 0.34% | 0.50% | 0.68% | 0.79% | 0.79% |
Ravia | 0.31% | 0.47% | 0.68% | 0.76% | 0.76% |
Stonewall | 0.42% | 0.52% | 0.71% | 0.97% | 1.08% |
Tishomingo | 0.38% | 0.52% | 0.71% | 0.93% | 1.08% |
Wapanucka | 0.29% | 0.43% | 0.62% | 0.82% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Johnston County, Oklahoma
In Johnston 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 Johnston 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 Johnston 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. Johnston County's median home price stands at $84,611, with tax bills ranging from $276 at the 25th percentile to $1,687 at the 90th percentile. Connerville has the highest median tax bill at $1,026, while Ravia has the lowest at $256. Being aware of these valuation processes in Johnston 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 Johnston County, Oklahoma
Source: Ownwell
$41,274
$89,510
$137,746
Average Johnston County Assessed Value
$84,611
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnston County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | $24,719 | $41,044 | $68,665 | $144,796 | $329,196 |
Ardmore | $45,900 | $58,774 | $99,832 | $138,818 | $215,681 |
Bromide | $16,655 | $34,838 | $46,242 | $76,340 | $118,578 |
Coleman | $39,391 | $67,752 | $124,147 | $197,687 | $282,157 |
Connerville | $111,177 | $120,204 | $137,746 | $170,372 | $206,553 |
Kenefic | $9,930 | $20,302 | $41,274 | $160,413 | $289,935 |
Madill | $15,516 | $39,984 | $61,363 | $90,701 | $97,881 |
Mannsville | $20,542 | $34,519 | $64,458 | $100,990 | $159,104 |
Milburn | $31,085 | $55,661 | $100,787 | $171,968 | $255,674 |
Mill Creek | $16,912 | $28,539 | $51,267 | $100,025 | $147,906 |
Ravia | $17,456 | $27,298 | $47,376 | $74,560 | $105,631 |
Stonewall | $48,708 | $69,896 | $108,615 | $168,592 | $241,748 |
Tishomingo | $36,963 | $58,421 | $93,294 | $145,073 | $222,105 |
Wapanucka | $25,294 | $38,507 | $72,734 | $117,879 | $195,491 |
Source: Ownwell
Property Tax Bills Across Johnston County, Oklahoma
In Johnston 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 the county is $84,611. Tax bills can vary significantly; for instance, the 25th percentile tax bill is $276, while the 75th percentile tax bill is $943, and at the 90th percentile, it reaches $1,687. Factors influencing the tax bill include the home's market value, local tax rates, and any applicable exemptions or deductions. Homeowners in Johnston County may see varying tax burdens depending on these factors. For example, Connerville has the highest median tax bill at $1,026, while Ravia has the lowest at $256. Compared to the national median property tax rate of 0.99%, Johnston County offers a relatively lower tax burden, providing some financial relief to homeowners. Understanding these elements can help homeowners anticipate their annual property tax obligations and plan accordingly.
Average Johnston County Tax Bill
$521
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnston County, Oklahoma
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | $113 | $207 | $490 | $1,137 | $2,688 |
Ardmore | $284 | $398 | $639 | $1,009 | $1,473 |
Bromide | $94 | $162 | $278 | $573 | $757 |
Coleman | $176 | $337 | $556 | $1,103 | $1,816 |
Connerville | $369 | $580 | $1,026 | $1,377 | $1,418 |
Kenefic | $83 | $137 | $318 | $1,085 | $2,585 |
Madill | $116 | $346 | $412 | $560 | $840 |
Mannsville | $144 | $259 | $453 | $727 | $1,367 |
Milburn | $164 | $296 | $561 | $1,007 | $1,760 |
Mill Creek | $102 | $171 | $304 | $586 | $1,016 |
Ravia | $80 | $145 | $256 | $489 | $666 |
Stonewall | $188 | $407 | $578 | $1,104 | $1,794 |
Tishomingo | $216 | $357 | $612 | $1,030 | $1,784 |
Wapanucka | $143 | $216 | $402 | $700 | $1,263 |
Source: Ownwell