Tillman County, Oklahoma Property Taxes

Name: Property Tax Bills Across Tillman County, Oklahoma
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tillman County effective property tax rate: 0.98%, slightly lower than the national median of 1.02%.
Median Tillman County home value: $29,168
Median annual Tillman County tax bill: $271, $2,129 lower than the national median property tax bill of $2,400.

How are property taxes in Tillman County calculated?

Property taxes in Tillman County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Frederick or another part of Tillman County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tillman County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$286

$265

Ownwell’s Tillman County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tillman County with just two data points. By entering your property's estimated assessed value, our calculator applies Tillman County’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 more 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 Tillman County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tillman County, Oklahoma

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budgetary requirements to provide essential services and then divides this figure by the total value of all taxable property within its jurisdiction. This calculation yields the property tax rate. Although votes and legislation play a role in establishing tax rates and budgets, this is essentially the annual process.

You can compare Tillman County's effective property tax rate to other counties in Oklahoma or the U.S. median property tax rate. Tillman County's median property tax rate is 0.98%, slightly below the national median of 1.02%. Within Oklahoma, tax rates vary, with Tipton having the highest median tax rate of 1.04% and Davidson the lowest at 0.75%. Understanding these differences can help property owners make informed decisions about where to live or invest. By appealing property taxes or seeking exemptions, residents can potentially reduce their tax burden, making it crucial to stay informed about local tax trends and regulations.

Property Tax Rates Across Tillman County, Oklahoma

Source: Ownwell

0.75%

0.90%

1.04%

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 Tillman County Tax Rate

0.98%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tillman County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Chattanooga	0.84%	0.93%	1.01%	1.08%	1.08%
Davidson	0.39%	0.56%	0.75%	0.90%	0.90%
Frederick	0.53%	0.77%	1.00%	1.11%	1.11%
Grandfield	0.43%	0.74%	0.99%	1.07%	1.08%
Hollister	0.60%	0.72%	0.94%	1.07%	1.11%
Indiahoma	N/A	N/A	N/A	N/A	N/A
Loveland	0.73%	0.88%	0.99%	1.05%	1.08%
Manitou	0.41%	0.69%	1.00%	1.14%	1.14%
Snyder	0.72%	0.77%	0.85%	0.91%	0.91%
Tipton	0.52%	0.81%	1.04%	1.14%	1.14%

Source: Ownwell

Property Tax Assessment Values Across Tillman County, Oklahoma

When examining property taxes in Tillman County, 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 Tillman County Assessor 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 Tillman 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 Tillman County. For example, the median tax bill in Tillman County is $751, with tax bills ranging significantly across the county. Chattanooga has the highest median home price at $75,915.

Property Tax Assessment Values Across Tillman County, Oklahoma

Source: Ownwell

$22,954

$49,435

$75,915

Median Tillman County Market Value

$29,168

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tillman County, Oklahoma

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Chattanooga	$40,933	$53,815	$75,915	$121,771	$167,822
Davidson	$10,413	$16,458	$26,380	$42,838	$90,729
Frederick	$11,582	$17,362	$27,843	$51,679	$95,037
Grandfield	$9,837	$13,970	$24,583	$55,928	$83,745
Hollister	$10,662	$15,221	$37,325	$57,178	$77,528
Indiahoma	N/A	N/A	N/A	N/A	N/A
Loveland	$21,988	$33,444	$46,529	$106,383	$253,843
Manitou	$9,775	$15,096	$22,954	$33,098	$39,439
Snyder	$36,456	$42,998	$67,430	$114,684	$150,105
Tipton	$11,170	$17,480	$28,374	$53,040	$93,009

Source: Ownwell

Property Tax Bills Across Tillman County, Oklahoma

In Tillman County, Oklahoma, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Important factors influencing the tax amount include property location, as different areas may have varying rates, and any applicable exemptions or deductions. For homeowners in Tillman County, property tax bills can vary widely. The median home price is $29,168, and the tax bill at the 25th percentile is $138, while at the 75th percentile, it is $560, and at the 90th percentile, it reaches $1,012. Comparatively, the national median property tax rate is 1.02%, with a median tax bill of $2,400. Homeowners in this region benefit from relatively lower tax bills, which can ease the financial burden associated with home ownership. However, understanding the factors that influence these bills is essential for effective financial planning.

Property Tax Bills Across Tillman County, Oklahoma

Source: Ownwell

$176

$464

$751

Median Tillman County Tax Bill

$271

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Tillman County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Chattanooga	$391	$519	$751	$1,278	$1,734
Davidson	$51	$104	$180	$373	$734
Frederick	$79	$143	$260	$523	$983
Grandfield	$56	$114	$214	$542	$878
Hollister	$76	$142	$340	$529	$784
Indiahoma	N/A	N/A	N/A	N/A	N/A
Loveland	$138	$272	$411	$1,082	$2,923
Manitou	$55	$106	$176	$331	$436
Snyder	$260	$328	$612	$959	$1,172
Tipton	$79	$143	$274	$528	$1,003

Source: Ownwell