Marlow, Adair County, Oklahoma Property Taxes

Name: Property Tax Bills Across Marlow, Adair County, Oklahoma
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Marlow, OK effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Marlow, OK home value: $88,431
Median annual Marlow, OK tax bill: $444, $1,956 lower than the national median property tax bill of $2,400.

How are property taxes in Adair County calculated?

Property taxes in Marlow, OK are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Marlow’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marlow, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Marlow, Adair County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.5%

Estimate Property Tax Bill

$442

$410

Ownwell’s Marlow Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Marlow with just two data points. By entering your property's estimated assessed value, our calculator applies Marlow’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in 40001. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Marlow, Adair County, Oklahoma

Local government entities are responsible for setting tax rates, leading to significant variation within a state. This is because each county calculates its necessary budget to provide essential services and then divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining these rates and budgets, this is essentially the annual process.

In Marlow, Stephens County, Oklahoma, the effective property tax rate is notably lower than both the state and national medians. Oklahoma's median property tax rate is significantly below the national median of 1.02%, making it an attractive location for property owners seeking lower tax burdens. The median property tax bill in Oklahoma is also considerably less than the national median of $2,400, providing further savings for residents.

This favorable tax environment in Marlow can be a compelling factor for potential homeowners and investors considering the area. Comparing Marlow’s rates with other cities in Oklahoma and the U.S. highlights the potential financial advantages of owning property in this region.

Property Tax Rates Across Marlow, Adair County, Oklahoma

Source: Ownwell

0.49%

0.68%

0.86%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Marlow Tax Rate

0.50%

Median Effective Adair County Tax Rate

0.69%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Marlow, Adair County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
73055	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Marlow, Adair County, Oklahoma

When examining property taxes in Marlow, Oklahoma, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Adair County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Adair County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Marlow. For example, the median home price in Marlow is $88,431, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Marlow, Adair County, Oklahoma

Source: Ownwell

$52,711

$107,377

$162,043

Median Marlow Market Value

$88,431

Median Adair County Market Value

$66,022

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Marlow, Adair County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
73055	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Marlow, Adair County, Oklahoma

Property tax bills in Marlow, located in Adair County, Oklahoma, are calculated based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Marlow is $88,431, and homeowners can expect property tax bills around $444, which is significantly lower than the national median property tax bill of $2,400. This lower tax bill is reflective of Oklahoma's generally lower property tax rates compared to the national median of 1.02%. Factors influencing the tax bill include the assessed value of the property and the local tax rate set by the county. For homeowners, understanding these components is crucial as they directly affect the annual financial obligations tied to property ownership. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments and secure exemptions, potentially reducing their tax bills. By leveraging expert knowledge and local data, Ownwell ensures homeowners pay only their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Marlow, Adair County, Oklahoma

Source: Ownwell

$350

$874

$1,398

Median Marlow Tax Bill

$444

Median Adair County Tax Bill

$421

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Marlow, Adair County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
73055	N/A	N/A	N/A	N/A	N/A

Source: Ownwell