Oklahoma Property Tax Calculator
Calculate Oklahoma property tax based on home value. Free OK property tax calculator with effective tax rates.
Calculate property taxes based on Oklahoma real estate values
Oklahoma Effective Property Tax Rate
0.9%
Average rate of assessed home value
Calculate Your Oklahoma Property Tax
Estimated Property Tax
About Oklahoma Property Taxes
The effective property tax rate in Oklahoma is 0.9% of the home's assessed value. This means for every $100,000 in home value, you'll pay approximately $900 in annual property taxes.
Oklahoma ranks in the middle range for property tax rates in the United States.
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Oklahoma Property Tax — Frequently Asked Questions
What is the average property tax rate in Oklahoma?
The effective property tax rate in Oklahoma is 0.90% of assessed home value, based on Tax Foundation 2024 published state averages. On a $300,000 home that works out to roughly $2,700 per year, or about $225 per month. Your actual bill depends on your county, your local millage rate, and any exemptions you qualify for.
How is property tax calculated in Oklahoma?
The basic formula this calculator uses is: annual property tax = home value × effective tax rate. For example, a $500,000 home at Oklahoma's 0.90% effective rate is $4,500 per year. Oklahoma counties typically assess your home, multiply the assessed value by a local millage rate, then subtract any homestead, senior, veteran, or disability exemptions you have filed for. Effective rate already accounts for assessment ratios statewide, so it is the cleanest way to compare states.
When are Oklahoma property taxes due?
Most Oklahoma counties bill property taxes either annually or semi-annually, with due dates varying by county. If your mortgage has an escrow account, your servicer typically collects 1/12 of your annual property tax with each monthly payment and pays the county directly when the bill comes due. Check your county assessor or treasurer's website for the exact billing schedule in your jurisdiction.
Are there property tax exemptions or deductions in Oklahoma?
Most states, Oklahoma included, offer at least one of the following exemptions that can lower your taxable assessed value: a homestead exemption for your primary residence, a senior citizen exemption (often age 65+), a disability exemption, and a veteran/disabled-veteran exemption. Eligibility, application deadlines, and exemption amounts vary by county. This calculator does not factor exemptions in — it shows a pre-exemption estimate so you can see your gross liability before reductions.
Why does my actual Oklahoma property tax bill differ from this estimate?
This calculator uses the Oklahoma statewide average effective rate (0.90%). Your actual bill can differ for several reasons: your county or municipality's millage rate is higher or lower than the state average, your assessed value differs from your market value (assessment ratios vary), special assessment districts (school, fire, library) add line items, and exemptions reduce your taxable base. For an exact figure, look up your parcel on your county assessor's website.