In Payne County, Oklahoma the effective property tax rate is 0.87%. The median homeowner pays $1,884 a year in real estate taxes on a home with a median value of $217,700. That rate is the 8th highest of the 77 Oklahoma counties with published data, and the 1481st highest of 3,132 counties in the United States.
Property tax in Payne County
The effective rate is the median real estate tax paid divided by the median home value. The Oklahoma statewide average is 0.82%, so Payne County is above it. Applying this county's rate to other home prices gives a rough idea of the yearly bill; actual bills depend on the school district, exemptions and the assessed value.
| Home value | Estimated tax per year | Per month |
|---|---|---|
| $200,000 | $1,740 | $145 |
| $217,700 (county median) | $1,880 | $157 |
| $300,000 | $2,610 | $218 |
| $400,000 | $3,480 | $290 |
| $500,000 | $4,350 | $363 |
Home values and incomes
The median home value is $217,700 (6th highest in Oklahoma, 1041st highest nationally) and the median household income is $48,937. Homes cost about 4.4 times a typical household's yearly income. Median gross rent is $922 a month. 50.9% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $2,040 a year for insurance. For comparison, the Oklahoma statewide median home value is $220,801.
Counties near Payne County in the Oklahoma property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| Washington County | 0.94% | $160,900 |
| Comanche County | 0.90% | $154,300 |
| Garfield County | 0.89% | $149,800 |
| Payne County | 0.87% | $217,700 |
| Wagoner County | 0.81% | $216,000 |
| McClain County | 0.80% | $233,900 |
| Noble County | 0.80% | $142,600 |
Frequently asked questions
What is the property tax rate in Payne County, Oklahoma?
The effective property tax rate is 0.87% of home value per year, the 8th highest of 77 counties in Oklahoma (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in Payne County?
At the county's effective rate of 0.87%, about $2,610 a year (roughly $218 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in Payne County?
The median home value is $217,700 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in Payne County?
The median household income is $48,937 (Census ACS 2023 5-year estimates).