Oklahoma City, OK variant. This is a Oklahoma City, OK-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Oklahoma City property tax runs about 1.05% of value - roughly $2,310/year on the $220,000 median home.
Property tax in Oklahoma City
Tax = assessed value × local rate. The 1.05% effective rate captures Oklahoma City's blend of county, city, and school levies.
On the $220,000 median home that's $2,310/year ($193/month), usually escrowed with your mortgage.
About Oklahoma City, OK
Oklahoma City applies Oklahoma's state and local sales taxes, while the broader tax burden remains relatively modest.
Oklahoma City offers some of the more affordable home prices among large US metros.
Oklahoma City's economy is anchored by the energy sector, alongside government and aerospace, and its overall cost of living is well below the national average.
Worked example: $220,000 home
$220,000 × 1.05% = $2,310/year. A $600,000 Oklahoma City home would owe about $6,300.
Quick reference
- Median home value: $220,000
- Median rent: $1,200/mo
- Median household income: $65,135
- Local sales tax: 8.625%
- Effective property tax rate: 1.05%
- Cost of living index: 84 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Oklahoma City?
About 1.05% of market value per year.
How much property tax on a median Oklahoma City home?
Roughly $2,310 per year.