Ada, Pontotoc County, Oklahoma Property Taxes
Median Ada, OK effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Ada, OK home value: $103,891
Median annual Ada, OK tax bill: $885, $1,515 lower than the national median property tax bill of $2,400.
How are property taxes in Pontotoc County calculated?
Property taxes in Ada, OK are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Ada’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ada, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ada, Pontotoc County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$977
$906
Ownwell’s ADA Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in ADA with just two data points.
By entering your property's estimated assessed value, our calculator applies ADA’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pontotoc County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Ada, Pontotoc County, Oklahoma
Local government entities in Oklahoma set property tax rates, which can vary widely across the state. Each year, counties like Pontotoc estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Ada, located in Pontotoc County, the effective property tax rate is 0.94%, which aligns with the highest and lowest median tax rates within the same zip code, 74820. This rate is slightly lower than Oklahoma's median property tax rate, reflecting the diverse range of property tax obligations across the state. When compared to the national median property tax rate of 1.02%, Ada offers a more favorable property tax environment. Understanding these rates and how they compare can help property owners in Ada make informed decisions about their property tax obligations and potential savings through appeals and exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ada Tax Rate
0.94%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Pontotoc County Tax Rate
0.93%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ada, Pontotoc County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74820 | 0.46% | 0.69% | 0.94% | 1.13% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Ada, Pontotoc County, Oklahoma
When examining property taxes in Ada, Oklahoma, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Pontotoc County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Pontotoc County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ada. For example, the median home price in Ada is $103,891, with tax bills ranging significantly across the county. Zip code 74820 has the highest median home price at $103,891.
Property Tax Assessment Values Across Ada, Pontotoc County, Oklahoma
Source: Ownwell
$37,087
$78,952
$120,816
Median Ada Market Value
$103,891
Median Pontotoc County Market Value
$99,145
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ada, Pontotoc County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74820 | $32,507 | $57,954 | $103,891 | $173,138 | $256,655 |
Source: Ownwell
Property Tax Bills Across Ada, Pontotoc County, Oklahoma
Median Ada Tax Bill
$885
Median Pontotoc County Tax Bill
$821
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Ada, Pontotoc County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74820 | $234 | $449 | $885 | $1,657 | $2,582 |
Source: Ownwell