Faxon, Comanche County, Oklahoma Property Taxes
Property Taxes in Faxon, Oklahoma
Median Faxon, Oklahoma effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, and slightly higher than the Oklahoma state median of 0.90%.
Median Faxon, Oklahoma home value: $89,895
Median annual Faxon, Oklahoma tax bill: $748, $1,652 lower than the national median property tax bill of $2,400.
How are property taxes in Comanche calculated?
Property taxes in Faxon, Oklahoma 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 Faxon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Faxon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Faxon, Comanche County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$854
$792
How Does the Faxon Property Tax Calculator Work?
Use this Faxon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Faxon's median effective tax rate of 0.95% — based on actual property records in Comanche County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Faxon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Faxon: rates range from 0.95% in 73540 to 0.95% in 73540, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Faxon.
About Faxon Property Taxes
About Property Taxes in Faxon, Comanche, Oklahoma
Faxon’s median effective property tax rate of 0.95% is higher than the Oklahoma state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Comanche County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Faxon. Homeowners in the 73540 ZIP code carry a median effective rate of 0.95%, while those in the same ZIP code also pay 0.95%. This reflects how school district boundaries and local assessment districts are drawn across Comanche County. Understanding which part of Faxon you live in can make a meaningful difference to your annual tax bill.
Faxon homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 6, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Faxon, Comanche 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 Faxon’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Faxon Tax Rate
0.95%
Our median effective property tax rate (tax bill Ă· 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 Comanche County Tax Rate
1.09%
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Faxon, Comanche County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73540 | 0.63% | 0.83% | 0.95% | 0.99% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Faxon, Comanche County, Oklahoma
When examining property taxes in Faxon, 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 Comanche 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 Comanche County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in Faxon is $89,895, with tax bills ranging significantly across the county. Zip code 73540 has the highest median home price at $89,895.
Property Tax Assessment Values Across Faxon, Comanche County, Oklahoma
Source: Ownwell
$68,690
$151,861
$235,032
Median Faxon Market Value
$89,895
Median Comanche County Market Value
$112,992
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Faxon, Comanche County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73540 | $18,638 | $44,012 | $89,895 | $149,671 | $232,328 |
Source: Ownwell
Property Tax Bills Across Faxon, Comanche County, Oklahoma
Property tax bills in Faxon are based on the assessed value of a home and the local tax rate set by taxing authorities. For homeowners, the bill is determined by multiplying the assessed value by the applicable rate, so changes in market value can affect what is owed. In Comanche County, the median home price is $89,895, which helps show how local property taxes are tied to home values rather than a flat charge.
The typical property tax bill in Faxon is $748.00, and the same median bill appears in ZIP code 73540. Bills can vary widely from one homeowner to another, with the 25th percentile at $378 and the 75th percentile at $1,474. At the high end, the 90th percentile reaches $2,423. For homeowners, this means property taxes can be a meaningful part of housing costs, especially when assessed values rise.
Median Faxon Tax Bill
$748
Median Comanche County Tax Bill
$1,051
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Faxon, Comanche County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73540 | $138 | $378 | $748 | $1,474 | $2,423 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 6 |
Links | |
|---|---|
| Comanche Tax Assessor | |
| Website | www.actdatascout.com |