Haileyville, Oklahoma Property Taxes
The median property tax rate in Haileyville, OK is 0.63%, significantly lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With a median home value of $49,911 in Haileyville, the typical annual property tax bill amounts to $282, which is well below the national median of $2,690. Property taxes in Haileyville are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Haileyville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Haileyville or another part of Pittsburg County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Haileyville, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$314
Ownwell’s Haileyville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haileyville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haileyville 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 Haileyville, Oklahoma
Property taxes in Haileyville, Oklahoma, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haileyville is 0.63%, which is lower than the U.S. national median of 0.99%. Local government entities within Haileyville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haileyville 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 Haileyville's effective property tax rate to other counties in Oklahoma and the national median. For comparison, the 74546 zip code has both the highest and lowest median property tax rate of 0.63%. Understanding how these cities compare with Haileyville provides valuable insights into the varying tax landscape across Pittsburg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haileyville Tax Rate
0.63%
Average Pittsburg County Tax Rate
0.73%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haileyville, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74546 | 0.31% | 0.45% | 0.63% | 0.86% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Haileyville, Oklahoma
In Haileyville, 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 Pittsburg County Assessor's Office 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 Haileyville, 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 Haileyville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Haileyville is $282 in the 74546 zip code, while the lowest is also $282 in the same zip code.
Average Haileyville Assessed Value
$49,911
Average Pittsburg County Assessed Value
$87,046
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Haileyville, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74546 | $19,542 | $27,925 | $49,911 | $78,770 | $120,603 |
Source: Ownwell
Property Tax Bills Across Haileyville, Oklahoma
In Haileyville, property tax bills are calculated based on the assessed value of a home, which is determined by the Pittsburg County Assessor's Office. The assessed value is a percentage of the market value of the property. Once the assessed value is established, local tax rates are applied to calculate the annual tax bill. These tax rates are determined by various local taxing authorities and can include school districts, municipalities, and other special districts. Several factors influence the final tax bill, including property location, home value, and applicable exemptions or deductions. Homeowners in Haileyville with median home prices around $49,911 can expect tax bills ranging from $146 at the 25th percentile to $464 at the 75th percentile, with the 90th percentile reaching up to $839. This variation significantly impacts homeowners, as those with higher-valued properties or fewer exemptions will face larger tax bills. Compared to the national median property tax rate of 0.99%, Haileyville's property taxes offer a relatively moderate financial burden for its residents.
Average Haileyville Tax Bill
$282
Average Pittsburg County Tax Bill
$571
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Haileyville, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74546 | $81 | $146 | $282 | $464 | $839 |
Source: Ownwell