Sequoyah County, Oklahoma Property Taxes
The median property tax rate in Sequoyah County is 0.74%, 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 Sequoyah County at $80,752, the typical annual property tax bill amounts to $571, significantly below the national median of $2,690. Property taxes in Sequoyah County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Sequoyah County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Sallisaw or another part of Sequoyah County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sequoyah County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$598
$555
Ownwell’s Sequoyah County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sequoyah County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sequoyah County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Sequoyah County, Oklahoma
Property taxes in Sequoyah County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sequoyah County is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Sequoyah County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sequoyah County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Sequoyah County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Paradise Hill has one of the higher property tax rates in Oklahoma at 1.05%, while the city of Bunch boasts one of the lowest at 0.54%. Analyzing how Sequoyah County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sequoyah County Tax Rate
0.74%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sequoyah County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bunch | 0.33% | 0.42% | 0.54% | 0.64% | 0.70% |
| Gans | 0.25% | 0.41% | 0.55% | 0.71% | 0.78% |
| Gore | 0.47% | 0.79% | 0.98% | 1.05% | 1.12% |
| Marble City | 0.26% | 0.36% | 0.57% | 0.74% | 0.77% |
| Moffett | N/A | N/A | N/A | N/A | N/A |
| Muldrow | 0.37% | 0.51% | 0.67% | 0.77% | 0.78% |
| Paradise Hill | N/A | N/A | N/A | N/A | N/A |
| Roland | 0.58% | 0.73% | 0.87% | 0.97% | 0.98% |
| Sallisaw | 0.40% | 0.56% | 0.72% | 0.87% | 0.95% |
| Vian | 0.44% | 0.71% | 0.95% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Sequoyah County, Oklahoma
In Sequoyah County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Sequoyah County Appraisal District. The assessed value, however, 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. Assessment notices in Sequoyah County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Sequoyah County has notable variations in tax bills, with Paradise Hill having the highest median tax bill at $2,911 and Marble City the lowest at $197. Being aware of these valuation processes in Sequoyah County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Sequoyah County Assessed Value
$80,752
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sequoyah County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bunch | $19,838 | $30,903 | $52,865 | $85,224 | $130,447 |
| Gans | $23,442 | $39,949 | $66,384 | $111,856 | $190,278 |
| Gore | $18,640 | $36,975 | $62,950 | $111,150 | $189,910 |
| Marble City | $5,312 | $24,282 | $38,017 | $63,245 | $84,001 |
| Moffett | N/A | N/A | N/A | N/A | N/A |
| Muldrow | $27,546 | $47,010 | $82,263 | $140,087 | $219,076 |
| Paradise Hill | N/A | N/A | N/A | N/A | N/A |
| Roland | $44,232 | $68,222 | $98,700 | $142,468 | $202,355 |
| Sallisaw | $29,442 | $48,702 | $87,642 | $149,653 | $226,564 |
| Vian | $18,450 | $36,688 | $64,150 | $117,025 | $202,172 |
Source: Ownwell
Property Tax Bills Across Sequoyah County, Oklahoma
In Sequoyah County, OK, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. Homeowners in Sequoyah County can expect their property tax bill to fall within a range, influenced by factors such as property size, location, and market conditions. For example, the tax bill at the 25th percentile is $299, while at the 75th percentile, it rises to $1026. At the 90th percentile, homeowners might see a tax bill of up to $1689. Comparatively, the national median property tax rate is 0.99%, which can help put local rates into perspective. In Sequoyah County, the highest median tax bill is found in Paradise Hill at $2911, whereas Marble City has the lowest median tax bill at $197. These variations highlight how property values and local tax rates can significantly impact the overall tax burden on homeowners.
Average Sequoyah County Tax Bill
$571
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Sequoyah County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bunch | $90 | $186 | $332 | $505 | $657 |
| Gans | $95 | $203 | $339 | $650 | $1,089 |
| Gore | $138 | $296 | $563 | $1,080 | $1,803 |
| Marble City | $42 | $93 | $197 | $416 | $616 |
| Moffett | N/A | N/A | N/A | N/A | N/A |
| Muldrow | $135 | $269 | $510 | $916 | $1,545 |
| Paradise Hill | N/A | N/A | N/A | N/A | N/A |
| Roland | $335 | $556 | $810 | $1,178 | $1,737 |
| Sallisaw | $174 | $324 | $585 | $1,057 | $1,681 |
| Vian | $130 | $279 | $556 | $1,046 | $1,951 |
Source: Ownwell