Haskell, Oklahoma Property Taxes
The median property tax rate in Haskell, OK is 0.72%, lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Haskell at $91,165, the typical annual property tax bill reaches $614, well below the national median of $2,690. Property taxes in Haskell are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural use. Understanding Haskell'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 Haskell or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Haskell, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$656
-$6,879
Ownwell’s Haskell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haskell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haskell 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 Haskell, Oklahoma
Property taxes in Haskell, Oklahoma, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haskell is 0.72%, which is notably lower than the U.S. national median of 0.99%. Local government entities within Haskell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haskell 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 Haskell's effective property tax rate to other counties in Oklahoma and the national median. For comparison, the zip code 74436 has the highest median property tax rate of 0.72%, while the same zip code also has the lowest median tax rate of 0.72%. Understanding how these cities compare with Haskell provides valuable insights into the varying tax landscape across Muskogee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haskell Tax Rate
0.72%
Average Muskogee County Tax Rate
0.91%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haskell, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74436 | 0.34% | 0.53% | 0.72% | 0.99% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Haskell, Oklahoma
In Haskell, 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 Muskogee 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 Haskell, 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 Haskell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Haskell is $91,165, with tax bills ranging from $248 at the 25th percentile to $2,026 at the 90th percentile. The zip code with the highest and lowest median tax bill is 74436, both at $614.
Average Haskell Assessed Value
$91,165
Average Muskogee County Assessed Value
$87,404
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Haskell, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74436 | $20,956 | $46,045 | $91,165 | $168,834 | $267,192 |
Source: Ownwell
Property Tax Bills Across Haskell, Oklahoma
In Haskell, Muskogee County, OK, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. The tax rate, or millage rate, is then applied to this assessed value to calculate the annual tax bill. Several factors influence the tax bill, including the property's location, market conditions, and any applicable exemptions or deductions. For instance, the median home price in Haskell is $91,165. Homeowners here might see a tax bill as low as $248 at the 25th percentile, while those at the 75th percentile could pay around $1,242, and at the 90th percentile, the bill could reach $2,026. Comparatively, the highest median tax bill in the area is $614, which is still below the national median property tax rate of 0.99%. These property taxes fund essential services like public schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners in Haskell.
Average Haskell Tax Bill
$614
Average Muskogee County Tax Bill
$663
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Haskell, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74436 | $129 | $248 | $614 | $1,242 | $2,026 |
Source: Ownwell