Wagoner County Property Taxes
The median property tax rate in Wagoner County is 0.86%, 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 Wagoner County at $214,676, the typical annual property tax bill amounts to $1,718, considerably below the national median of $2,690. Property taxes in Wagoner 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 Wagoner 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 Wagoner or another part of Wagoner County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wagoner County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,846
Ownwell’s Wagoner County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wagoner County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wagoner 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 Wagoner County, Oklahoma
Property taxes in Wagoner County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wagoner County is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Wagoner County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wagoner 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 Wagoner 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 1.03%, while the city of Okay boasts one of the lowest at 0.50%. Analyzing how Wagoner County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wagoner County Tax Rate
0.86%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wagoner County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bixby | 0.71% | 0.86% | 1.03% | 1.21% | 1.29% |
| Broken Arrow | 0.64% | 0.80% | 0.94% | 1.07% | 1.18% |
| Catoosa | 0.40% | 0.56% | 0.71% | 0.85% | 0.99% |
| Chouteau | 0.22% | 0.39% | 0.56% | 0.86% | 0.99% |
| Coweta | 0.47% | 0.64% | 0.82% | 0.94% | 1.05% |
| Fort Gibson | 0.26% | 0.38% | 0.55% | 0.76% | 0.84% |
| Haskell | 0.34% | 0.48% | 0.66% | 0.84% | 1.00% |
| Inola | 0.39% | 0.51% | 0.62% | 0.81% | 0.99% |
| Locust Grove | 0.16% | 0.32% | 0.58% | 0.86% | 1.05% |
| Muskogee | 0.22% | 0.44% | 0.57% | 0.74% | 0.84% |
| Okay | 0.27% | 0.38% | 0.50% | 0.73% | 0.81% |
| Porter | 0.28% | 0.49% | 0.69% | 0.87% | 1.02% |
| Redbird | N/A | N/A | N/A | N/A | N/A |
| Tullahassee | 0.26% | 0.33% | 0.73% | 0.97% | 1.09% |
| Tulsa | 0.52% | 0.64% | 0.83% | 1.02% | 1.17% |
| Wagoner | 0.35% | 0.52% | 0.70% | 0.86% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Wagoner County, Oklahoma
In Wagoner 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 Wagoner 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 Wagoner 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. Being aware of these valuation processes in Wagoner County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. The highest median tax bill in the county is found in Bixby at $2,461, while the lowest is in Tullahassee at $143.
Property Tax Assessment Values Across Wagoner County, Oklahoma
Source: Ownwell
$20,490
$158,909
$297,328
Average Wagoner County Assessed Value
$214,676
Average Oklahoma Assessed Value
$137,280
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wagoner County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bixby | $148,300 | $216,685 | $252,392 | $337,216 | $421,720 |
| Broken Arrow | $79,620 | $205,036 | $251,176 | $314,663 | $420,285 |
| Catoosa | $37,788 | $84,306 | $177,522 | $263,728 | $345,712 |
| Chouteau | $1,500 | $2,844 | $27,094 | $140,329 | $247,036 |
| Coweta | $83,260 | $147,919 | $209,095 | $285,041 | $384,359 |
| Fort Gibson | $11,367 | $32,680 | $95,743 | $160,081 | $211,235 |
| Haskell | $47,617 | $104,299 | $179,694 | $289,059 | $400,917 |
| Inola | $43,450 | $122,240 | $200,962 | $287,511 | $386,759 |
| Locust Grove | $5,005 | $14,954 | $54,791 | $122,078 | $185,133 |
| Muskogee | $21,018 | $69,375 | $162,018 | $226,445 | $278,952 |
| Okay | $24,304 | $55,607 | $71,542 | $107,918 | $146,346 |
| Porter | $22,942 | $60,156 | $132,131 | $239,184 | $339,283 |
| Redbird | N/A | N/A | N/A | N/A | N/A |
| Tullahassee | $4,267 | $11,281 | $20,490 | $86,959 | $101,054 |
| Tulsa | $57,146 | $81,626 | $95,872 | $113,816 | $130,498 |
| Wagoner | $20,727 | $65,090 | $126,287 | $196,877 | $277,140 |
Source: Ownwell
Property Tax Bills Across Wagoner County, Oklahoma
In Wagoner County, OK, property tax bills are determined by assessing the market value of a property and applying the local tax rate to this assessed value. The median home price in Wagoner County is $214,676, which serves as a baseline for understanding tax obligations. Homeowners in this county can expect tax bills that vary significantly, with the 25th percentile at $743 and the 75th percentile at $2,578. For those in the 90th percentile, tax bills can reach up to $3,616. The disparity in tax bills is influenced by various factors, including property location, size, and improvements. For instance, Bixby has the highest median tax bill at $2,461, while Tullahassee has the lowest at $143. These variations affect homeowners differently, impacting their financial planning and overall cost of living. Compared to the national median property tax rate of 0.99%, Wagoner County offers a diverse range of tax burdens, highlighting the importance of understanding local tax assessments.
Average Wagoner County Tax Bill
$1,718
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Wagoner County, Oklahoma
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bixby | $1,000 | $1,844 | $2,461 | $3,730 | $5,238 |
| Broken Arrow | $707 | $1,687 | $2,308 | $3,061 | $4,267 |
| Catoosa | $236 | $499 | $1,123 | $1,870 | $2,662 |
| Chouteau | $6 | $15 | $158 | $763 | $1,759 |
| Coweta | $450 | $955 | $1,606 | $2,353 | $3,350 |
| Fort Gibson | $74 | $180 | $450 | $822 | $1,165 |
| Haskell | $295 | $538 | $1,041 | $1,966 | $2,954 |
| Inola | $258 | $781 | $1,185 | $1,719 | $3,125 |
| Locust Grove | $12 | $72 | $197 | $614 | $1,163 |
| Muskogee | $149 | $251 | $674 | $1,243 | $1,809 |
| Okay | $146 | $227 | $302 | $593 | $728 |
| Porter | $123 | $319 | $748 | $1,629 | $2,648 |
| Redbird | N/A | N/A | N/A | N/A | N/A |
| Tullahassee | $37 | $52 | $143 | $236 | $525 |
| Tulsa | $414 | $592 | $711 | $925 | $1,187 |
| Wagoner | $134 | $348 | $774 | $1,369 | $2,074 |
Source: Ownwell