Shidler, Oklahoma Property Taxes
The median property tax rate in Shidler, OK is 1.15%, notably higher than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Shidler at $29,370, the typical annual property tax bill is $270, which is significantly lower than the national median of $2,690. Property taxes in Shidler are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Shidler'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 Shidler or another part of Osage County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shidler, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$338
Ownwell’s Shidler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shidler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shidler 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 Shidler, Oklahoma
Property taxes in Shidler, Oklahoma, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shidler is 1.15%, significantly higher than both the Oklahoma state median and the U.S. national median of 0.99%. Local government entities within Shidler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shidler 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 Shidler's effective property tax rate to other counties in Oklahoma and the national median. For comparison, the 74652 zip code has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Shidler provides valuable insights into the varying tax landscape across Osage County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shidler Tax Rate
1.15%
Average Osage County Tax Rate
1.07%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shidler, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74652 | 0.60% | 0.87% | 1.15% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Shidler, Oklahoma
In Shidler, 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 Osage 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 Shidler, 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 Shidler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Shidler is $29,370, with the highest and lowest median tax bills both being $270 in the 74652 zip code.
Average Shidler Assessed Value
$29,370
Average Osage County Assessed Value
$85,955
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shidler, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74652 | $3,991 | $12,342 | $29,370 | $67,997 | $135,556 |
Source: Ownwell
Property Tax Bills Across Shidler, Oklahoma
In Shidler, Osage County, OK, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. The median home price in Shidler is $29,370. To determine the tax bill, local tax rates are applied to the assessed value. These rates can vary, but the national median property tax rate is 0.99%. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. For example, tax bills in Shidler range widely, with the 25th percentile at $101 and the 75th percentile at $632. At the 90th percentile, homeowners might see tax bills as high as $1,378. These property taxes significantly impact homeowners, contributing to local services such as schools, emergency services, and infrastructure. Understanding how these taxes are calculated helps homeowners budget effectively and take advantage of any available exemptions to reduce their tax burden.
Average Shidler Tax Bill
$270
Average Osage County Tax Bill
$840
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Shidler, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74652 | $40 | $101 | $270 | $632 | $1,378 |
Source: Ownwell