Tulsa County, Oklahoma Property Taxes
The median property tax rate in Tulsa County is 1.31%, which is significantly higher than both the national median of 0.99% and the Oklahoma state median of 0.97%. With the median home value in Tulsa County at $152,469, the typical annual property tax bill reaches $1,876, which is below the national median of $2,690. Property taxes in Tulsa County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Tulsa 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 Tulsa or another part of Tulsa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tulsa County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$1,997
$1,853
Ownwell’s Tulsa County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Tulsa County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Tulsa 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 Tulsa County, Oklahoma
Property taxes in Tulsa County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Tulsa County is 1.31%, which is higher than the U.S. national median of 0.99%. Local government entities within Tulsa County set these rates annually, and they can vary significantly between different areas within the county. Each year, Tulsa 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 Tulsa County's effective property tax rate with other counties in Oklahoma and the national median. For comparison, the city of Bixby has one of the higher property tax rates in Oklahoma at 1.44%, while the city of Sapulpa boasts one of the lowest at 1.05%. Analyzing how Tulsa County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Tulsa County Tax Rate
1.31%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tulsa County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bixby | 1.17% | 1.33% | 1.44% | 1.52% | 1.55% |
| Broken Arrow | 1.07% | 1.18% | 1.30% | 1.39% | 1.43% |
| Catoosa | 0.90% | 1.06% | 1.24% | 1.28% | 1.47% |
| Collinsville | 0.22% | 0.67% | 1.14% | 1.25% | 1.25% |
| Glenpool | 0.98% | 1.08% | 1.17% | 1.23% | 1.27% |
| Jenks | 1.13% | 1.24% | 1.33% | 1.40% | 1.41% |
| Leonard | N/A | N/A | N/A | N/A | N/A |
| Mounds | 0.93% | 1.04% | 1.15% | 1.23% | 1.30% |
| Oologah | N/A | N/A | N/A | N/A | N/A |
| Owasso | 0.94% | 1.02% | 1.13% | 1.23% | 1.25% |
| Sand Springs | 0.90% | 1.03% | 1.20% | 1.29% | 1.36% |
| Sapulpa | 0.43% | 0.70% | 1.05% | 1.23% | 1.80% |
| Skiatook | 0.91% | 1.12% | 1.22% | 1.26% | 1.26% |
| Sperry | 0.84% | 1.07% | 1.19% | 1.23% | 1.23% |
| Tulsa | 1.04% | 1.22% | 1.35% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Tulsa County, Oklahoma
In Tulsa 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 Tulsa 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 Tulsa 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. For instance, Bixby has the highest median tax bill at $3,171, while Sapulpa has the lowest at $160. Being aware of these valuation processes in Tulsa County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Tulsa County Assessed Value
$152,469
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tulsa County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bixby | $73,179 | $153,500 | $219,670 | $317,000 | $416,010 |
| Broken Arrow | $111,559 | $143,360 | $182,408 | $238,712 | $308,545 |
| Catoosa | $68,511 | $71,843 | $82,646 | $94,860 | $122,040 |
| Collinsville | $51,716 | $105,000 | $160,930 | $207,898 | $280,000 |
| Glenpool | $79,566 | $110,860 | $141,680 | $195,000 | $245,319 |
| Jenks | $120,262 | $170,500 | $219,109 | $300,720 | $402,904 |
| Leonard | N/A | N/A | N/A | N/A | N/A |
| Mounds | $71,782 | $104,148 | $167,052 | $365,700 | $538,228 |
| Oologah | N/A | N/A | N/A | N/A | N/A |
| Owasso | $100,149 | $143,264 | $191,526 | $256,804 | $320,275 |
| Sand Springs | $49,900 | $82,030 | $125,514 | $184,896 | $258,000 |
| Sapulpa | $7,158 | $10,331 | $19,238 | $27,644 | $39,140 |
| Skiatook | $38,301 | $67,326 | $113,131 | $243,360 | $319,137 |
| Sperry | $28,556 | $49,950 | $91,319 | $143,525 | $267,340 |
| Tulsa | $37,100 | $68,600 | $129,698 | $206,924 | $342,900 |
Source: Ownwell
Property Tax Bills Across Tulsa County, Oklahoma
In Tulsa County, OK, property tax bills are determined based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Various factors influence the final tax bill, including the property's location, size, and condition, as well as any applicable exemptions or deductions. Homeowners in Tulsa County experience a range of tax bills. For example, the 25th percentile tax bill is around $1,083, while the 75th percentile reaches approximately $2,939. At the 90th percentile, homeowners may see tax bills as high as $4,649. The median home price in the county is $152,469, which helps contextualize these figures. Comparatively, the highest median tax bill in the county is found in Bixby at $3,171, whereas Sapulpa has the lowest at $160. These variations significantly impact homeowners, influencing their financial planning and overall cost of homeownership.
Average Tulsa County Tax Bill
$1,876
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Tulsa County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bixby | $1,142 | $2,156 | $3,171 | $4,697 | $6,254 |
| Broken Arrow | $1,304 | $1,720 | $2,285 | $3,137 | $4,219 |
| Catoosa | $652 | $823 | $936 | $1,128 | $1,686 |
| Collinsville | $234 | $565 | $1,630 | $2,196 | $3,019 |
| Glenpool | $873 | $1,216 | $1,638 | $2,291 | $2,979 |
| Jenks | $1,412 | $2,116 | $2,821 | $4,022 | $5,558 |
| Leonard | N/A | N/A | N/A | N/A | N/A |
| Mounds | $706 | $1,098 | $2,000 | $4,398 | $6,863 |
| Oologah | N/A | N/A | N/A | N/A | N/A |
| Owasso | $1,150 | $1,554 | $2,114 | $2,867 | $3,621 |
| Sand Springs | $527 | $904 | $1,426 | $2,130 | $3,180 |
| Sapulpa | $38 | $79 | $160 | $464 | $1,018 |
| Skiatook | $407 | $728 | $1,318 | $2,904 | $3,880 |
| Sperry | $272 | $510 | $1,010 | $1,639 | $3,223 |
| Tulsa | $438 | $851 | $1,629 | $2,724 | $4,796 |
Source: Ownwell