Haskell, Oklahoma Property Taxes
The median property tax rate in Haskell, OK is 0.66%, which is significantly lower than both the national median of 0.99% and the Oklahoma state median of 0.97%. With a median home value of $179,694 in Haskell, the typical annual property tax bill is $1,041, well below the national median of $2,690. Property taxes in Haskell are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Haskell's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you reside in Haskell or another part of the county, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Haskell, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$1,186
Ownwell’s Haskell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haskell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haskell 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 Haskell, Oklahoma
Property taxes in Haskell, Oklahoma, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haskell is 0.66%, which is lower than both the Oklahoma state median of 0.87% and the U.S. national median of 0.99%. Local government entities within Haskell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haskell 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 Haskell's effective property tax rate to other counties in Oklahoma and the national median. For comparison, the zip code 74436 has both the highest and lowest median property tax rate in the region, standing at 0.66%. Understanding how these cities compare with Haskell provides valuable insights into the varying tax landscape across Wagoner County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haskell Tax Rate
0.66%
Average Wagoner County Tax Rate
0.86%
Average Oklahoma Tax Rate
0.97%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haskell, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74436 | 0.34% | 0.48% | 0.66% | 0.84% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Haskell, Oklahoma
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Haskell, Oklahoma. 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 local appraisal district 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 Haskell, 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 Haskell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 74436, with a median bill of $1,041, while the lowest is also 74436, reflecting the same median bill, indicating uniformity in this region.
Average Haskell Assessed Value
$179,694
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 Haskell, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74436 | $47,617 | $104,299 | $179,694 | $289,059 | $400,917 |
Source: Ownwell
Property Tax Bills Across Haskell, Oklahoma
In Haskell, OK, property tax bills are calculated 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 determine the annual tax bill. Various factors influence the assessed value, including property size, location, and market conditions. For homeowners in Haskell, the median home price stands at $179,694. The property tax bills in this area vary significantly, with the 25th percentile tax bill at $538 and the 75th percentile reaching $1,966. At the 90th percentile, homeowners might see tax bills as high as $2,954. These figures show a range of tax burdens, reflecting differences in property values and assessments within the community. Compared to the national median property tax rate of 0.99%, Haskell's tax rates can have a substantial impact on homeowners' annual expenses, influencing decisions on property investments and homeownership affordability.
Average Haskell Tax Bill
$1,041
Average Wagoner County Tax Bill
$1,718
Average Oklahoma Tax Bill
$1,269
Average United States Tax Bill
$2,690
Property Tax Bills Across Haskell, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74436 | $295 | $538 | $1,041 | $1,966 | $2,954 |
Source: Ownwell