Mead, Bryan County, Oklahoma Property Taxes

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

Median Mead, OK effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Mead, OK home value: $119,302
Median annual Mead, OK tax bill: $741, $1,659 lower than the national median property tax bill of $2,400.

How are property taxes in Bryan County calculated?

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

Last Updated March 1, 2025

Mead, Bryan County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$835

$775

Ownwell’s Mead Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mead with just two data points. By entering your property's estimated assessed value, our calculator applies Mead’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 Bryan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mead, Bryan County, Oklahoma

Local government entities determine tax rates, which can differ significantly within a state. The reason? Annually, each county calculates its required budget to fund services and divides that by the total value of all taxable properties within its borders. This calculation establishes the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the yearly procedure.

In Mead, located in Bryan County, Oklahoma, the effective property tax rate is 0.70%. When compared to the national median property tax rate of 1.02%, Mead's rate is notably lower. This offers a more affordable option for property owners in the area. Additionally, Oklahoma's median property tax rate is 0.70%, aligning with Mead's rate. This consistency within the state highlights Oklahoma's generally favorable property tax environment.

For property owners considering relocation or investment, Mead presents an attractive opportunity with its competitive property tax rate. By choosing Mead, property owners can benefit from reduced tax expenses while enjoying the services funded by these taxes.

Property Tax Rates Across Mead, Bryan County, Oklahoma

Source: Ownwell

0.59%

0.77%

0.95%

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 Mead Tax Rate

0.70%

Median Effective Bryan County Tax Rate

0.83%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mead, Bryan County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
73449	0.40%	0.55%	0.70%	0.86%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Mead, Bryan County, Oklahoma

When examining property taxes in Mead, 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 Bryan 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.

In Bryan 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 Mead. For example, the median home price in Mead is $119,302, with tax bills ranging significantly across the county. Zip code 73449 has the highest median home price at $119,302.

Property Tax Assessment Values Across Mead, Bryan County, Oklahoma

Source: Ownwell

$65,651

$106,249

$146,847

Median Mead Market Value

$119,302

Median Bryan County Market Value

$117,512

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mead, Bryan County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
73449	$30,000	$60,997	$119,302	$219,734	$343,892

Source: Ownwell

Property Tax Bills Across Mead, Bryan County, Oklahoma

In Mead, property tax bills are calculated based on the assessed value of a home, which is determined by the Bryan County assessor. This assessed value is a percentage of the property's market value. The tax rate, or millage rate, is then applied to this assessed value to calculate the annual property tax bill. For homeowners in Mead, the median property tax bill is $741, significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $351 and the 90th percentile reaching $2,529. Several factors influence the tax bill, including changes in property value, local government budgets, and tax rates. These fluctuations can impact homeowners' financial planning. Ownwell assists homeowners by identifying potential savings through tax appeal and exemption services. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps reduce tax burdens, offering peace of mind and potential savings for Mead residents.

Property Tax Bills Across Mead, Bryan County, Oklahoma

Source: Ownwell

$458

$793

$1,127

Median Mead Tax Bill

$741

Median Bryan County Tax Bill

$903

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Mead, Bryan County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
73449	$189	$351	$741	$1,534	$2,529

Source: Ownwell