Oklahoma

Property Tax Rates & Rules

0.89%

Effective Rate

$1,735

Median Annual Tax

$195k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate0.89%

Median Home Value$195,000

Median Annual Tax$1,735

Assessment Ratio11%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyTulsa

Lowest Rate CountyRoger Mills

Payment ScheduleTwo installments: Dec 31 and March 31.

Assessment Method

Real property ratio is between 11% and 13.5% (set by county); Oklahoma Co. is 11%.

Homestead Exemption Details

$1,000 reduction in assessed value; additional $1,000 for low-income households.

Senior Exemption Details

Senior Valuation Freeze for 65+ with household income below county median.

How to Appeal Your Assessment

Informal hearing with Assessor; formal appeal to County Board of Equalization.

Official Source

Oklahoma Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.