Dale, Oklahoma Property Taxes
The median property tax rate in Dale, Oklahoma is 1.06%, slightly higher than both the national median of 0.99% and Oklahoma's state median of 0.97%. With the median home value in Dale, the typical annual property tax bill reaches $458, which is significantly lower than the national median of $2,690. Property taxes in Dale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dale'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 Dale or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dale, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$448
Ownwell’s Dale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dale 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 Dale, Oklahoma
Property taxes in Dale, Oklahoma, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dale is 1.06%, higher than both the Oklahoma state median and the U.S. national median of 0.99%. Local government entities within Dale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dale 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 Dale's effective property tax rate to other counties in Oklahoma and the national median. For comparison, the 74851 zip code has the highest median property tax rate of 1.06%, while the 74851 zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Dale provides valuable insights into the varying tax landscape across Pottawatomie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dale Tax Rate
1.06%
Average Pottawatomie County Tax Rate
1.04%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dale, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74851 | 0.60% | 0.75% | 1.06% | 1.23% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Dale, Oklahoma
In Dale, 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 Pottawatomie 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 Dale, 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 Dale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Dale, the median home price is $42,283. The 25th percentile tax bill is $274, while the 75th percentile tax bill reaches $692. For those in the 90th percentile, the tax bill can be as high as $1,215. The zip code with the highest median tax bill is 74851, with a median tax bill of $458, which is also the lowest median tax bill in the area.
Average Dale Assessed Value
$42,283
Average Pottawatomie County Assessed Value
$87,932
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dale, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74851 | $23,625 | $32,917 | $42,283 | $79,828 | $113,858 |
Source: Ownwell
Property Tax Bills Across Dale, Oklahoma
In Dale, located in Pottawatomie 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 Dale is $42,283. Local taxing authorities apply the property tax rate to the assessed value to determine the tax bill. The national median property tax rate is 0.99%, but rates can vary locally. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the 25th percentile tax bill in Dale is $274, while the 75th percentile reaches $692, and the 90th percentile can be as high as $1,215. The consistency in tax bills is highlighted by the highest and lowest median tax bills both being $458 in the 74851 zip code. These property taxes significantly impact homeowners by contributing to essential public services such as schools, infrastructure, and emergency services, ultimately affecting the overall quality of life in the community.
Average Dale Tax Bill
$458
Average Pottawatomie County Tax Bill
$764
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Dale, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74851 | $192 | $274 | $458 | $692 | $1,215 |
Source: Ownwell