Oklahoma Property Tax Calculator 2026

Oklahoma Property Tax Overview

Oklahoma has an effective property tax rate of 0.90%, making it near the national average among all 50 states. The average annual property tax in Oklahoma is $1,470 on a median home value of $163,200.

• Effective tax rate: 0.90%
• Assessment ratio: 11-13.5%
• Median home value: $163,200
• Average annual tax: $1,470 ($122/month)

How Oklahoma Property Tax Works

Oklahoma properties are assessed at 11-13.5% of market value. The assessed value is then multiplied by the local millage rate to determine your annual tax bill.

Oklahoma Property Tax = Assessed Value × Local Millage Rate

Local millage rates vary by county, city, school district, and special districts within Oklahoma. Your total rate is the sum of all applicable levies.

Oklahoma Property Tax Exemptions

• Homestead exemption: $1,000 homestead exemption on assessed value
• Senior exemption: Available in most counties — check your local assessor's office for specific amounts and age thresholds (typically 65+)
• Veteran exemption: Disabled veterans (10%+ rating) may qualify for additional exemptions — varies by county. Contact your county assessor for details
• Disability exemption: Disability exemptions available in most counties — typically mirrors the senior exemption. Contact your county assessor for specific amounts

How Oklahoma Compares to Neighboring States

How to Appeal Your Oklahoma Property Tax

If you believe your Oklahoma property is over-assessed, you have the right to appeal:

• 1. Contact your county assessor — Review your assessment for errors in square footage, lot size, or condition
• 2. Gather comparable sales — Find 3-5 similar homes sold recently in your Oklahoma neighborhood with lower values
• 3. File by the deadline — Oklahoma appeal deadlines vary by county; check your assessment notice
• 4. Present evidence — Focus on facts and comparable data, not complaints about tax rates
• 5. Success rate: 50-70% of Oklahoma property tax appeals result in a reduction