Mcloud, Cleveland County, Oklahoma Property Taxes
Last Updated March 1, 2025
Mcloud, Cleveland County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$1,369
$1,270
Ownwell’s McLoud Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in McLoud with just two data points.
By entering your property's estimated assessed value, our calculator applies McLoud’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 Cleveland County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Mcloud, Cleveland County, Oklahoma
As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare McLoud’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.
In McLoud, located in Cleveland County, the median property tax rate is 1.09%. This is slightly above the national median property tax rate of 1.02%. The median property tax bill in McLoud offers a glimpse into how property taxes in this area compare to the national median of $2,400. With the highest and lowest median tax rates both at 1.09%, McLoud presents a consistent tax scenario. This consistency can be beneficial for property owners seeking predictability in their annual tax expenses. Understanding these rates helps residents make informed decisions about their property investments.
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 Mcloud Tax Rate
1.09%
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 Cleveland County Tax Rate
1.13%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mcloud, Cleveland County, Oklahoma
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
74851 | 0.75% | 0.98% | 1.09% | 1.23% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Mcloud, Cleveland County, Oklahoma
When examining property taxes in McLoud, 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 Cleveland 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 Cleveland 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 McLoud.
For example, the median home price in McLoud is $125,597, with tax bills ranging significantly across the county. Zip code 74851 has the highest median home price at $125,597.
Property Tax Assessment Values Across Mcloud, Cleveland County, Oklahoma
Source: Ownwell
$36,050
$223,817
$411,583
Median Mcloud Market Value
$125,597
Median Cleveland County Market Value
$197,572
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mcloud, Cleveland County, Oklahoma
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
74851 | $40,016 | $72,380 | $125,597 | $232,860 | $314,297 |
Source: Ownwell
Property Tax Bills Across Mcloud, Cleveland County, Oklahoma
Median Mcloud Tax Bill
$1,245
Median Cleveland County Tax Bill
$2,141
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Mcloud, Cleveland County, Oklahoma
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
74851 | $338 | $714 | $1,245 | $2,446 | $3,550 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Cleveland Tax Assessor | |
Website | property.spatialest.com |