Property Tax Rates & Rules
Oklahoma has an average effective property tax rate of 0.89%, making it a mid-range property tax state. On a median-valued home of $195,000, the typical annual property tax bill is $1,735. Homeowners may qualify for a homestead exemption, which can reduce the taxable value of a primary residence. $1,000 reduction in assessed value; additional $1,000 for low-income households. Senior citizens may qualify for additional exemptions or tax relief programs. If you believe your property is over-assessed, you have the right to appeal.
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.
What is the property tax rate in Oklahoma?
Oklahoma has an average effective property tax rate of 0.89%. On a home valued at $195,000, the typical annual property tax bill is approximately $1,735. Rates vary by county — Tulsa has the highest rates while Roger Mills has the lowest.
Does Oklahoma have a homestead exemption?
Yes. Oklahoma offers a homestead exemption for primary residences. $1,000 reduction in assessed value; additional $1,000 for low-income households.
How is property assessed in Oklahoma?
Oklahoma assesses property at 11%. Real property ratio is between 11% and 13.5% (set by county); Oklahoma Co. is 11%. The assessed value is then multiplied by the local mill rate to determine your property tax bill.
How do I appeal my property tax assessment in Oklahoma?
Informal hearing with Assessor; formal appeal to County Board of Equalization.
Are there senior property tax exemptions in Oklahoma?
Yes. Oklahoma offers property tax relief for senior citizens. Senior Valuation Freeze for 65+ with household income below county median.
When are property taxes due in Oklahoma?
Oklahoma property taxes are paid on a Two installments: Dec 31 and March 31.. Contact your county tax collector for exact due dates and payment options for your area.
How does Oklahoma property tax compare to neighboring states?
Oklahoma's average effective rate of 0.89% is close to the national average of approximately 1.1%. Use the comparison table above to see how neighboring states compare.
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Official Source
Oklahoma Tax Authority
Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.