Cookson, Cherokee County, Oklahoma Property Taxes
Median Cookson, OK effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Cookson, OK home value: $104,289
Median annual Cookson, OK tax bill: $734, $1,666 lower than the national median property tax bill of $2,400.
How are property taxes in Cherokee County calculated?
Property taxes in Cookson, 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 Cookson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cookson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cookson, Cherokee County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$897
$832
Property Tax Rates Across Cookson, Cherokee County, Oklahoma
Local government entities are responsible for setting property tax rates, and these can differ significantly across a state. This variation occurs because each county annually estimates its budgetary needs to fund services and divides this by the total value of all taxable property in its area, which determines the property tax rate. While voting and legal frameworks play a role in shaping tax rates and budgets, this is the core process followed each year.
In Cookson, located in Cherokee County, the effective property tax rate stands out when compared to other cities in Oklahoma and the broader U.S. landscape. The median property tax rate in Oklahoma is 0.86%, which is below the national median of 1.02%. This lower rate can be beneficial for property owners in terms of affordability. However, it's essential to consider the local services funded by these taxes, as they directly impact community quality and infrastructure. Understanding these differences can help property owners make informed decisions about property investments and financial planning. By staying informed, you can ensure you're making the most of potential savings while contributing to the community's well-being.
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 Cookson Tax Rate
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 Cherokee County Tax Rate
0.83%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cookson, Cherokee County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74427 | 0.43% | 0.66% | 0.86% | 0.86% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Cookson, Cherokee County, Oklahoma
When examining property taxes in Cookson, 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 Cherokee County Assessor's Office 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 Cherokee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Cookson. For example, the median home price in Cookson is $104,289, with tax bills ranging significantly across the county. Zip code 74427 has the highest median home price at $104,289.
Property Tax Assessment Values Across Cookson, Cherokee County, Oklahoma
Source: Ownwell
$62,464
$102,482
$142,500
Median Cookson Market Value
$104,289
Median Cherokee County Market Value
$95,710
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cookson, Cherokee County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74427 | $30,443 | $55,780 | $104,289 | $176,781 | $282,485 |
Source: Ownwell
Property Tax Bills Across Cookson, Cherokee County, Oklahoma
In Cookson, located in Cherokee County, Oklahoma, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the tax bill. With a median home price of $104,289, homeowners in Cookson can expect varying tax bills. For example, the 25th percentile tax bill is $351, while the 75th percentile reaches $1,403, and the 90th percentile can be as high as $2,333. This range indicates that homeowners may face significantly different tax obligations depending on their property's assessed value and location within the area.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners lower their tax bills, ensuring they pay only their fair share. This can lead to substantial savings, especially for those at the higher end of the tax spectrum.
Median Cookson Tax Bill
$734
Median Cherokee County Tax Bill
$703
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Cookson, Cherokee County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74427 | $177 | $351 | $734 | $1,403 | $2,333 |
Source: Ownwell