Oklahoma City, OK Property Tax Calculator
Estimate property tax for a home in Oklahoma City, OK. Homes in Oklahoma City are assessed by Oklahoma County, where the effective property tax rate runs about 1.05% of market value — so a median-priced Oklahoma City home of $225,000 generates roughly $2,363 in annual property tax. Enter your specific home value below for a custom estimate.
Annual Tax
$2,363
1.05% of $225,000
Monthly Tax
$197
Typically escrowed with your mortgage
State Rank
#28 of 51
Highest rate = #1
vs. National Average
Highest property tax states
- New Jersey2.49%
- Illinois2.23%
- New Hampshire2.18%
- Connecticut2.15%
- Vermont1.90%
Lowest property tax states
- Hawaii0.32%
- Alabama0.41%
- Colorado0.55%
- Louisiana0.56%
- District of Columbia0.57%
These are state-level averages. Individual counties and cities can vary significantly — a home in Austin's urban core may have a far higher effective rate than the Texas state average, for example. For the most accurate estimate, get the exact millage rate from your county assessor and override the rate field above.
How to use it
A two-minute guide.
The Home Value field is pre-filled with Oklahoma City's median home value of $225,000. Override with your actual home's market value for a specific estimate — your tax bill scales linearly with home value.
The rate is pre-filled with Oklahoma County's effective rate of 1.05% — the county-level average for owner-occupied homes, which is more precise than Oklahoma's statewide average of 0.90%. Individual school districts and special taxing zones within Oklahoma City still shift the exact figure — if you know the rate from your latest tax bill, override it for the most precise estimate.
You'll see your estimated annual property tax, the monthly amount (which is typically escrowed with your mortgage payment), and a comparison to other states.
How it works
The math behind the result.
How Oklahoma City's tax bill works out. Homes in Oklahoma City are assessed and billed through Oklahoma County. The effective rate there averages about 1.05% of market value — above Oklahoma's statewide average of 0.90%. On Oklahoma City's median home value of $225,000, that's approximately $2,363/year, or $197/month when escrowed with your mortgage.
How assessment works in Oklahoma. County assessors value homes annually; assessed value is 11-13.5% of market value depending on the county, and homestead taxable values can't rise more than 3% per year (5% for non-homestead).
Exemptions worth claiming. The homestead exemption removes $1,000 of assessed value, with an additional $1,000 for lower-income households and a senior valuation freeze for income-qualified homeowners 65+. Exemptions are the most common reason two identical Oklahoma City homes pay different tax bills — make sure yours are on file with Oklahoma County.
What property tax actually pays for. In Oklahoma City — like the rest of Oklahoma — property tax funds local schools, public safety (police, fire), road maintenance, parks, libraries, and county government. Most of your bill stays in your county and school district.
Comparing to other states. Effective rates vary enormously across the US — from about 0.3% in Hawaii to nearly 2.5% in New Jersey. Oklahoma City's 1.05% puts it near the middle nationally.
Questions
Frequently asked.
Buying in Oklahoma City? Estimate your full mortgage payment with our Oklahoma City Mortgage Calculator. Or see how Oklahoma property tax rates compare across the state with our Oklahoma Property Tax Calculator.
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