Okmulgee County, Oklahoma Property Taxes
The median property tax rate in Okmulgee County is 0.92%, slightly lower than the national median of 0.99% but higher than Oklahoma's state median of 0.97%. With the median home value in Okmulgee County at $63,421, the typical annual property tax bill is approximately $510, which is considerably lower than the national median of $2,690. Property taxes in Okmulgee County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like primary residence and agricultural exemptions. Understanding Okmulgee 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 Okmulgee or another part of Okmulgee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Okmulgee County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$583
$541
Ownwell’s Okmulgee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Okmulgee with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Okmulgee 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 Okmulgee County, Oklahoma
Property taxes in Okmulgee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Okmulgee County is 0.92%, which is lower than the U.S. national median of 0.99%. Local government entities within Okmulgee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Okmulgee 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 Morris has one of the higher property tax rates in Oklahoma at 1.07%, while the city of Schulter boasts one of the lowest at 0.52%. Analyzing how Okmulgee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Okmulgee County Tax Rate
0.92%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Okmulgee County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beggs | 0.48% | 0.68% | 0.89% | 1.07% | 1.14% |
| Boynton | 0.61% | 0.91% | 1.05% | 1.15% | 1.15% |
| Dewar | 0.31% | 0.49% | 0.64% | 0.91% | 1.05% |
| Haskell | 0.76% | 0.87% | 0.96% | 0.98% | 1.08% |
| Henryetta | 0.38% | 0.59% | 0.82% | 1.07% | 1.17% |
| Morris | 0.59% | 0.86% | 1.07% | 1.15% | 1.15% |
| Mounds | 0.51% | 0.71% | 0.92% | 1.09% | 1.13% |
| Okmulgee | 0.48% | 0.72% | 0.95% | 1.02% | 1.02% |
| Preston | 0.49% | 0.57% | 0.96% | 1.11% | 1.11% |
| Schulter | 0.16% | 0.35% | 0.52% | 0.75% | 0.84% |
| Weleetka | 0.19% | 0.44% | 0.61% | 0.93% | 1.10% |
| Winchester | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Okmulgee County, Oklahoma
In Okmulgee 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 Okmulgee 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 Okmulgee 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. Being aware of these valuation processes in Okmulgee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Okmulgee County, the highest median tax bill is found in Boynton at $1,192, while Schulter has the lowest at $206. The median home price in the county is $63,421.
Property Tax Assessment Values Across Okmulgee County, Oklahoma
Source: Ownwell
$33,277
$77,767
$122,256
Average Okmulgee County Assessed Value
$63,421
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Okmulgee County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beggs | $26,110 | $52,871 | $103,481 | $182,927 | $281,035 |
| Boynton | $43,692 | $82,671 | $122,256 | $166,584 | $250,928 |
| Dewar | $22,621 | $30,934 | $47,978 | $68,156 | $98,634 |
| Haskell | $43,831 | $72,019 | $107,474 | $155,184 | $207,249 |
| Henryetta | $19,888 | $28,479 | $50,840 | $96,828 | $159,419 |
| Morris | $28,461 | $49,101 | $90,313 | $138,219 | $218,636 |
| Mounds | $32,350 | $65,614 | $106,916 | $175,890 | $270,017 |
| Okmulgee | $18,349 | $27,765 | $49,987 | $94,461 | $154,974 |
| Preston | $16,308 | $20,760 | $62,684 | $84,927 | $120,400 |
| Schulter | $18,937 | $22,946 | $33,277 | $54,855 | $88,045 |
| Weleetka | $32,965 | $45,768 | $82,622 | $138,012 | $184,691 |
| Winchester | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Okmulgee County, Oklahoma
In Okmulgee County, OK, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The county's property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax amount, including the property's location, its assessed value, and any applicable exemptions or deductions. For homeowners in Okmulgee County, the median home price stands at $63,421. Property tax bills can vary significantly, with the 25th percentile tax bill at $256 and the 75th percentile at $1,024. At the higher end, the 90th percentile tax bill reaches $1,833. Comparatively, the national median property tax rate is 0.99%, which may be higher or lower than the local rate depending on specific circumstances. The impact on homeowners can be substantial, particularly in areas like Boynton, where the highest median tax bill is $1,192, compared to Schulter, where the lowest median tax bill is $206. Understanding these factors helps homeowners anticipate their annual property tax obligations.
Average Okmulgee County Tax Bill
$510
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Okmulgee County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beggs | $199 | $398 | $837 | $1,592 | $2,560 |
| Boynton | $289 | $706 | $1,192 | $1,832 | $2,715 |
| Dewar | $123 | $170 | $308 | $473 | $723 |
| Haskell | $390 | $590 | $1,031 | $1,543 | $1,944 |
| Henryetta | $119 | $224 | $400 | $773 | $1,385 |
| Morris | $286 | $466 | $865 | $1,429 | $2,383 |
| Mounds | $257 | $508 | $894 | $1,612 | $2,508 |
| Okmulgee | $132 | $227 | $411 | $834 | $1,433 |
| Preston | $102 | $175 | $653 | $956 | $1,053 |
| Schulter | $36 | $95 | $206 | $318 | $538 |
| Weleetka | $68 | $250 | $519 | $976 | $1,460 |
| Winchester | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell