Oklahoma property tax by home value
At the statewide effective rate of 0.75%, compared with the same home at the US rate.
| Home value | Per year | Per month | At the US rate |
|---|---|---|---|
| $200,000 | $1,506 | $125 | $1,781 |
| $300,000 | $2,258 | $188 | $2,672 |
| $400,000 | $3,011 | $251 | $3,562 |
| $500,000 | $3,764 | $314 | $4,453 |
| $750,000 | $5,646 | $471 | $6,679 |
| $1,000,000 | $7,528 | $627 | $8,905 |
Oklahoma vs. neighboring states
| State | Effective rate | Median tax | Median home value |
|---|---|---|---|
| Texas | 1.31% | $4,108 | $313,200 |
| Kansas | 1.25% | $2,983 | $238,700 |
| Missouri | 0.79% | $2,021 | $254,400 |
| Oklahoma | 0.75% | $1,672 | $222,100 |
| New Mexico | 0.63% | $1,776 | $279,900 |
| Arkansas | 0.52% | $1,113 | $215,600 |
| Colorado | 0.49% | $2,828 | $574,600 |
What Oklahoma homeowners pay
- Median yearly property tax: $1,672 (43rd highest of 51); $2,068 for homes with a mortgage and $1,204 for homes without one.
- Median value of an owner-occupied home: $222,100, so a typical home pays about $139 a month.
- 1,053,182 owner-occupied homes in the survey estimate.
- Other taxes: see the Oklahoma income tax calculator; sales tax averages 9.06% with local taxes (Oklahoma sales tax calculator).
These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the Oklahoma revenue department for the rules that apply to you.
Source: US Census Bureau, American Community Survey, American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our methodology.
Oklahoma property tax FAQ
What is the property tax rate in Oklahoma?
The effective rate is 0.75% of home value: the median tax paid ($1,672) divided by the median home value ($222,100), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state.
How much is property tax on a $300,000 house in Oklahoma?
About $2,258 a year ($188 a month) at the statewide effective rate, before any exemptions you qualify for.
Does Oklahoma have high property taxes?
Oklahoma has the 25th lowest effective property tax rate of the 50 states and DC (rank 27 of 51, 1 = highest) and the 43rd highest median bill.
Can I deduct Oklahoma property tax?
On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax.