Lincoln County, Oklahoma Property Taxes

Name: Property Tax Bills Across Lincoln County, Oklahoma
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lincoln County effective property tax rate: 0.78%, significantly lower than the national median of 1.02%.
Median Lincoln County home value: $92,516
Median annual Lincoln County tax bill: $648, $1,752 lower than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Lincoln 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 Chandler or another part of Lincoln County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lincoln County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$722

$670

Ownwell’s Lincoln County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lincoln County with just two data points. By entering your property's estimated assessed value, our calculator applies Lincoln 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 Lincoln County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lincoln County, Oklahoma

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential 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 Lincoln County's effective property tax rate to other counties in Oklahoma or the U.S. median property tax rate. Lincoln County has a median property tax rate of 0.78%, which is below the national median of 1.02%. Within the county, Prague has the highest median property tax rate at 0.99%, while Harrah enjoys the lowest at 0.64%. Understanding these variations can help property owners make informed decisions about their property taxes and potential savings through appeals or exemptions. With property taxes being a significant expense for homeowners, knowing where your county stands can provide valuable insights and opportunities for financial planning.

Property Tax Rates Across Lincoln County, Oklahoma

Source: Ownwell

0.64%

0.81%

0.99%

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 Lincoln County Tax Rate

0.78%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lincoln County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Agra	0.41%	0.61%	0.86%	1.01%	1.06%
Avery	N/A	N/A	N/A	N/A	N/A
Carney	0.48%	0.64%	0.87%	0.99%	1.01%
Chandler	0.41%	0.60%	0.82%	0.94%	0.98%
Cushing	0.40%	0.58%	0.79%	0.91%	1.05%
Davenport	0.46%	0.65%	0.84%	1.00%	1.04%
Depew	N/A	N/A	N/A	N/A	N/A
Fallis	N/A	N/A	N/A	N/A	N/A
Harrah	0.25%	0.42%	0.64%	0.86%	1.04%
Kendrick	0.80%	0.85%	0.93%	0.97%	6.00%
Luther	0.27%	0.45%	0.72%	0.88%	0.94%
Mcloud	0.31%	0.55%	0.76%	0.91%	0.95%
Meeker	0.35%	0.51%	0.69%	0.82%	0.88%
Perkins	0.44%	0.65%	0.85%	1.02%	1.06%
Prague	0.54%	0.75%	0.99%	1.13%	1.16%
Sparks	0.36%	0.54%	0.80%	0.98%	1.14%
Stroud	0.37%	0.54%	0.75%	0.87%	0.94%
Tryon	0.43%	0.61%	0.85%	1.01%	1.05%
Warwick	0.38%	0.60%	0.73%	0.88%	0.90%
Wellston	0.30%	0.49%	0.71%	0.87%	0.96%

Source: Ownwell

Property Tax Assessment Values Across Lincoln County, Oklahoma

When examining property taxes in Lincoln 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 Lincoln 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 Lincoln 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 Lincoln County. For example, the median tax bill in Lincoln County is $841, with tax bills ranging significantly across the county. Cushing has the highest median home price at $118,130.

Property Tax Assessment Values Across Lincoln County, Oklahoma

Source: Ownwell

$17,889

$68,010

$118,130

Median Lincoln County Market Value

$92,516

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lincoln County, Oklahoma

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Agra	$22,742	$41,506	$85,700	$154,320	$234,529
Avery	N/A	N/A	N/A	N/A	N/A
Carney	$25,189	$40,216	$77,026	$126,102	$191,815
Chandler	$31,032	$61,566	$110,633	$186,803	$267,663
Cushing	$27,699	$61,476	$118,130	$182,976	$250,550
Davenport	$19,459	$35,309	$58,510	$90,507	$154,900
Depew	N/A	N/A	N/A	N/A	N/A
Fallis	N/A	N/A	N/A	N/A	N/A
Harrah	$30,104	$53,976	$102,207	$160,286	$248,856
Kendrick	$8,230	$12,161	$17,889	$46,416	$67,965
Luther	$18,913	$30,034	$53,414	$89,316	$170,802
Mcloud	$27,142	$48,470	$92,924	$167,815	$260,681
Meeker	$33,269	$58,280	$104,624	$174,092	$259,541
Perkins	$32,055	$62,747	$113,550	$213,954	$323,440
Prague	$35,685	$58,424	$96,098	$165,243	$247,985
Sparks	$22,056	$41,253	$79,661	$134,832	$197,754
Stroud	$22,487	$47,396	$84,803	$141,546	$212,942
Tryon	$19,388	$40,594	$84,590	$151,918	$237,096
Warwick	$23,271	$25,979	$29,546	$61,978	$107,105
Wellston	$24,236	$44,078	$84,968	$156,182	$252,452

Source: Ownwell

Property Tax Bills Across Lincoln County, Oklahoma

In Lincoln County, OK, property tax bills are calculated based on the assessed value of a property, which is a percentage of the market value. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, size, and any applicable exemptions. For example, the median home price in Lincoln County is $92,516, leading to varying tax bills across the region. Homeowners in Prague experience the highest median tax bill at $841, while those in Kendrick enjoy the lowest at $198. The 25th percentile tax bill is $321, indicating that a quarter of homeowners pay less than this amount, whereas the 75th percentile tax bill is $1,260, showing that a quarter pay more. At the 90th percentile, the tax bill reaches $2,104. Compared to the national median property tax bill of $2,400, Lincoln County's tax bills are relatively low, offering a more affordable option for homeowners while still funding essential public services.

Property Tax Bills Across Lincoln County, Oklahoma

Source: Ownwell

$198

$520

$841

Median Lincoln County Tax Bill

$648

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Lincoln County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Agra	$162	$306	$596	$1,225	$2,141
Avery	N/A	N/A	N/A	N/A	N/A
Carney	$162	$302	$632	$1,041	$1,696
Chandler	$196	$395	$796	$1,491	$2,262
Cushing	$219	$428	$778	$1,367	$2,041
Davenport	$131	$239	$445	$814	$1,404
Depew	N/A	N/A	N/A	N/A	N/A
Fallis	N/A	N/A	N/A	N/A	N/A
Harrah	$110	$272	$542	$1,204	$2,086
Kendrick	$106	$165	$198	$430	$1,064
Luther	$101	$147	$291	$687	$1,408
Mcloud	$150	$292	$594	$1,182	$2,065
Meeker	$180	$340	$631	$1,240	$1,961
Perkins	$186	$361	$831	$1,856	$3,009
Prague	$268	$480	$841	$1,565	$2,494
Sparks	$104	$264	$584	$1,046	$1,782
Stroud	$140	$291	$561	$1,086	$1,770
Tryon	$148	$308	$591	$1,162	$1,946
Warwick	$104	$194	$254	$412	$725
Wellston	$119	$236	$516	$1,098	$2,033

Source: Ownwell