Mccurtain County, Oklahoma Property Taxes
The median property tax rate in McCurtain County is 0.79%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With a median home value of $64,043 in McCurtain County, the typical annual property tax bill is approximately $440, considerably less than the national median of $2,690. Property taxes in McCurtain County are calculated based on the 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 McCurtain County's property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Idabel or another part of McCurtain County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mccurtain County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$506
$469
Ownwell’s McCurtain County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McCurtain County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in McCurtain 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's 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 Mccurtain County, Oklahoma
Property taxes in McCurtain County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in McCurtain County is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within McCurtain County set these rates annually, and they can vary significantly between different areas within the county. Each year, McCurtain 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. The following data compares McCurtain County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Battiest has one of the higher property tax rates in Oklahoma at 0.91%, while the city of Garvin boasts one of the lowest at 0.59%. Analyzing how McCurtain County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mccurtain County Tax Rate
0.79%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mccurtain County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Battiest | N/A | N/A | N/A | N/A | N/A |
| Bethel | 0.42% | 0.50% | 0.67% | 0.91% | 0.91% |
| Broken Bow | 0.36% | 0.62% | 0.88% | 0.90% | 0.91% |
| Eagletown | 0.22% | 0.42% | 0.63% | 0.85% | 0.90% |
| Garvin | 0.28% | 0.43% | 0.59% | 0.76% | 0.87% |
| Haworth | 0.28% | 0.49% | 0.68% | 0.90% | 1.09% |
| Idabel | 0.33% | 0.53% | 0.72% | 0.92% | 1.08% |
| Millerton | 0.32% | 0.44% | 0.66% | 0.86% | 0.87% |
| Pickens | N/A | N/A | N/A | N/A | N/A |
| Ringold | 0.22% | 0.40% | 0.64% | 0.84% | 0.87% |
| Rufe | 0.23% | 0.46% | 0.60% | 0.78% | 0.87% |
| Smithville | 0.36% | 0.60% | 0.77% | 0.91% | 0.91% |
| Valliant | 0.33% | 0.53% | 0.73% | 0.87% | 0.87% |
| Watson | 0.41% | 0.58% | 0.75% | 0.91% | 0.91% |
| Wright City | 0.22% | 0.45% | 0.67% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Mccurtain County, Oklahoma
In McCurtain 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 McCurtain 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 McCurtain 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. In McCurtain County, the highest median tax bill is in Broken Bow at $716, while Ringold has the lowest at $164. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Mccurtain County, Oklahoma
Source: Ownwell
$25,228
$59,191
$93,153
Average Mccurtain County Assessed Value
$64,043
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mccurtain County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Battiest | N/A | N/A | N/A | N/A | N/A |
| Bethel | $18,498 | $22,494 | $29,476 | $34,182 | $39,113 |
| Broken Bow | $20,621 | $40,410 | $93,153 | $339,807 | $650,000 |
| Eagletown | $13,039 | $20,526 | $33,464 | $59,023 | $115,498 |
| Garvin | $18,532 | $26,289 | $48,006 | $79,199 | $132,201 |
| Haworth | $17,014 | $25,646 | $46,462 | $84,632 | $148,084 |
| Idabel | $20,104 | $34,690 | $64,270 | $103,753 | $169,493 |
| Millerton | $3,738 | $10,325 | $25,228 | $60,507 | $67,237 |
| Pickens | N/A | N/A | N/A | N/A | N/A |
| Ringold | $13,924 | $17,731 | $28,889 | $50,708 | $94,297 |
| Rufe | $13,611 | $24,077 | $36,632 | $91,318 | $112,585 |
| Smithville | $16,136 | $25,064 | $37,205 | $66,667 | $123,457 |
| Valliant | $15,926 | $25,549 | $44,585 | $79,936 | $139,617 |
| Watson | $18,911 | $28,748 | $45,347 | $69,288 | $123,476 |
| Wright City | $14,897 | $20,965 | $32,394 | $53,344 | $94,086 |
Source: Ownwell
Property Tax Bills Across Mccurtain County, Oklahoma
In McCurtain County, OK, property tax bills are calculated based on the assessed value of a property, which is typically a fraction of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax amount, including the property's location, size, and any applicable exemptions. Homeowners in McCurtain County experience a range of property tax bills. For instance, the 25th percentile tax bill is around $199, while those at the 75th percentile pay approximately $1,118. The highest median tax bill in the county is found in Broken Bow at $716, whereas Ringold has the lowest at $164. By comparison, the national median property tax rate stands at 0.99%, making McCurtain County's rates relatively moderate. These property taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding these factors helps homeowners anticipate their annual financial obligations and plan accordingly.
Average Mccurtain County Tax Bill
$440
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Mccurtain County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Battiest | N/A | N/A | N/A | N/A | N/A |
| Bethel | $86 | $122 | $169 | $234 | $299 |
| Broken Bow | $121 | $254 | $716 | $2,786 | $5,728 |
| Eagletown | $39 | $106 | $203 | $404 | $837 |
| Garvin | $63 | $139 | $290 | $497 | $833 |
| Haworth | $80 | $154 | $310 | $638 | $1,174 |
| Idabel | $104 | $219 | $437 | $796 | $1,416 |
| Millerton | $25 | $48 | $92 | $397 | $542 |
| Pickens | N/A | N/A | N/A | N/A | N/A |
| Ringold | $49 | $82 | $164 | $392 | $596 |
| Rufe | $33 | $131 | $227 | $507 | $703 |
| Smithville | $100 | $153 | $276 | $518 | $1,059 |
| Valliant | $74 | $154 | $291 | $566 | $1,042 |
| Watson | $102 | $190 | $344 | $532 | $961 |
| Wright City | $44 | $114 | $214 | $370 | $697 |
Source: Ownwell