Noble County Property Taxes
The median property tax rate in Noble County is 0.91%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Noble County at $78,656, the typical annual property tax bill is $666, significantly below the national median of $2,690. Property taxes in Noble County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Noble County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Perry or another part of Noble County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Noble County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$716
-$7,501
Ownwell’s Noble County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Noble County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Noble 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 Noble County, Oklahoma
Property taxes in Noble County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Noble County is 0.91%, which is lower than both the Oklahoma state median of 0.99% and the U.S. national median of 0.99%. Local government entities within Noble County set these rates annually, and they can vary significantly between different areas within the county. Each year, Noble 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 Pawnee has one of the higher property tax rates in Oklahoma at 1.18%, while the city of Billings boasts one of the lowest at 0.63%. Analyzing how Noble County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Noble County Tax Rate
0.91%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Noble County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Billings | 0.34% | 0.46% | 0.63% | 0.66% | 0.67% |
| Garber | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
| Glencoe | 0.75% | 0.90% | 1.01% | 1.09% | 1.14% |
| Lucien | 0.51% | 0.67% | 0.87% | 1.05% | 1.10% |
| Marland | 0.28% | 0.57% | 0.68% | 0.70% | 0.70% |
| Morrison | 0.84% | 1.02% | 1.12% | 1.18% | 1.18% |
| Orlando | 0.44% | 0.54% | 0.65% | 0.80% | 0.92% |
| Pawnee | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% |
| Perry | 0.52% | 0.72% | 0.93% | 1.10% | 1.13% |
| Ponca City | 0.53% | 0.56% | 0.66% | 0.70% | 0.70% |
| Red Rock | 0.27% | 0.41% | 0.63% | 0.70% | 0.70% |
| Stillwater | 0.69% | 0.86% | 1.06% | 1.13% | 1.18% |
| Tonkawa | 0.87% | 0.88% | 0.89% | 0.90% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Noble County, Oklahoma
In Noble 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 Noble 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 Noble 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. For example, Tonkawa has the highest median tax bill at $2,936, while Billings has the lowest at $134. Being aware of these valuation processes in Noble County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Noble County Assessed Value
$78,656
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Noble County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Billings | $6,076 | $11,972 | $24,112 | $57,229 | $126,534 |
| Garber | $235,379 | $235,379 | $235,379 | $235,379 | $235,379 |
| Glencoe | $41,590 | $55,956 | $96,990 | $155,963 | $245,168 |
| Lucien | $14,893 | $34,743 | $77,770 | $144,229 | $198,543 |
| Marland | $7,402 | $13,622 | $32,974 | $90,053 | $171,145 |
| Morrison | $34,437 | $62,206 | $91,809 | $174,475 | $262,554 |
| Orlando | $63,735 | $90,424 | $139,274 | $201,614 | $265,900 |
| Pawnee | $89,997 | $89,997 | $89,997 | $89,997 | $89,997 |
| Perry | $16,399 | $38,012 | $78,183 | $137,626 | $216,962 |
| Ponca City | $40,399 | $74,843 | $158,845 | $197,525 | $284,602 |
| Red Rock | $18,422 | $26,027 | $50,660 | $92,300 | $160,957 |
| Stillwater | $69,889 | $92,888 | $120,597 | $178,440 | $258,317 |
| Tonkawa | $164,127 | $224,473 | $325,050 | $425,628 | $485,974 |
Source: Ownwell
Property Tax Bills Across Noble County, Oklahoma
In Noble 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 Noble County is $78,656. Local tax authorities determine the assessed value, and then apply the local tax rate to this value to calculate the tax bill. For instance, homeowners in the 25th percentile pay around $283 annually, while those in the 75th percentile pay approximately $1,278. The 90th percentile sees tax bills reaching up to $2,112. Factors influencing the tax bill include property location, home improvements, and market fluctuations. The highest median tax bill in the county is $2,936 in Tonkawa, while the lowest is $134 in Billings. These differences can significantly impact homeowners, influencing their financial planning and property investment decisions. Compared to the national median property tax rate of 0.99%, Noble County's tax rates can vary widely, reflecting local economic conditions and funding needs for public services.
Average Noble County Tax Bill
$666
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Noble County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Billings | $25 | $62 | $134 | $313 | $694 |
| Garber | $700 | $700 | $700 | $700 | $700 |
| Glencoe | $354 | $503 | $1,044 | $1,671 | $2,666 |
| Lucien | $110 | $294 | $620 | $1,228 | $1,701 |
| Marland | $27 | $78 | $215 | $638 | $1,227 |
| Morrison | $329 | $620 | $977 | $1,878 | $2,984 |
| Orlando | $329 | $504 | $979 | $1,344 | $1,982 |
| Pawnee | $1,058 | $1,058 | $1,058 | $1,058 | $1,058 |
| Perry | $135 | $297 | $644 | $1,245 | $2,046 |
| Ponca City | $229 | $407 | $914 | $1,325 | $1,643 |
| Red Rock | $70 | $123 | $284 | $662 | $1,198 |
| Stillwater | $601 | $868 | $1,208 | $1,832 | $2,604 |
| Tonkawa | $1,442 | $2,002 | $2,936 | $3,869 | $4,429 |
Source: Ownwell