Big Cabin, Rogers County, Oklahoma Property Taxes
The median property tax rate in Big Cabin, OK is 0.79%, which is lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Big Cabin at $100,070, the typical annual property tax bill is approximately $740, well below the national median of $2,690. Property taxes in Big Cabin are calculated based on the assessed value, which generally falls below the market value due to exemptions such as those for primary residences and agricultural use. Understanding Big Cabin'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 Big Cabin or another part of Rogers County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Big Cabin, Rogers County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$791
$734
Ownwell’s Big Cabin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Big Cabin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Big Cabin 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 Big Cabin, Rogers County, Oklahoma
Property taxes in Big Cabin, Oklahoma, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Big Cabin is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Big Cabin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Big Cabin 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 Big Cabin's effective property tax rate to other areas in Oklahoma and the national median. For comparison, the highest and lowest median property tax rates in Rogers County are both 0.79%, as seen in the zip code 74332. Understanding how these areas compare with Big Cabin provides valuable insights into the varying tax landscape across Rogers County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Big Cabin Tax Rate
0.79%
Average Rogers County Tax Rate
0.95%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Big Cabin, Rogers County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74332 | 0.46% | 0.66% | 0.79% | 0.91% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Big Cabin, Rogers County, Oklahoma
In Big Cabin, 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 Rogers 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 Big Cabin, 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 Big Cabin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $740.00 in zip code 74332.
Property Tax Assessment Values Across Big Cabin, Rogers County, Oklahoma
Source: Ownwell
$74,955
$170,552
$266,148
Average Big Cabin Assessed Value
$100,070
Average Rogers County Assessed Value
$177,436
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Big Cabin, Rogers County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74332 | $35,978 | $60,075 | $100,070 | $154,303 | $249,570 |
Source: Ownwell
Property Tax Bills Across Big Cabin, Rogers County, Oklahoma
In Big Cabin, property tax bills are calculated based on the assessed value of a home, which is determined by the Rogers County Assessor's office. The assessed value is typically a percentage of the property's market value. Homeowners in Big Cabin can expect their property tax bills to vary significantly, with the 25th percentile paying around $454 and the 75th percentile reaching up to $1,262. For those at the 90th percentile, the tax bill can be as high as $2,020. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. For instance, the highest median tax bill in the area is $740, found in the 74332 zip code, which is consistent with the lowest median tax bill, indicating uniformity in tax rates within that region. Compared to the national median property tax rate of 0.99%, Big Cabin's rates can be considered moderate, impacting homeowners by providing a predictable expense that supports local services and infrastructure.
Average Big Cabin Tax Bill
$740
Average Rogers County Tax Bill
$1,648
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Big Cabin, Rogers County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74332 | $201 | $454 | $740 | $1,262 | $2,020 |
Source: Ownwell