Randlett, Cotton County, Oklahoma Property Taxes
Property Taxes in Randlett, Oklahoma
Median Randlett, Oklahoma effective property tax rate: 1.01%, significantly lower than the national median of 1.02%, and lower than the Oklahoma state median of 0.90%.
Median Randlett, Oklahoma home value: $49,535
Median annual Randlett, Oklahoma tax bill: $480, $1,920 lower than the national median property tax bill of $2,400.
How are property taxes in Cotton calculated?
Property taxes in Randlett, 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 Randlett's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Randlett, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Randlett, Cotton County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$500
$464
How Does the Randlett Property Tax Calculator Work?
Use this Randlett property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Randlett's median effective tax rate of 1.01% — based on actual property records in Cotton 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 Randlett'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 Randlett: rates range from 1.01% in 73562 to 1.01% in 73562, 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 Randlett.
About Randlett Property Taxes
About Property Taxes in Randlett, Cotton, Oklahoma
Randlett’s median effective property tax rate of 1.01% is lower than the Oklahoma state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Cotton 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 Randlett. Homeowners in the 73562 ZIP code carry a median effective rate of 1.01%, while those in the same ZIP also pay 1.01%. This reflects how school district boundaries and local assessment districts are drawn across Cotton County. Understanding where you live in Randlett can still make a difference to your annual tax bill.
Randlett homeowners who believe their assessed value is too high can file a formal appeal with the 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 Randlett, Cotton 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 Randlett'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 ÷ 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 Randlett Tax Rate
1.01%
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 Cotton County Tax Rate
0.85%
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Randlett, Cotton County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73562 | 0.71% | 0.88% | 1.01% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Randlett, Cotton County, Oklahoma
When examining property taxes in Randlett, 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 Cotton 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 Cotton County are sent in the spring each year and typically reach your mailbox by the middle of the month. 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 Randlett is $49,535, with tax bills ranging significantly across the county. ZIP code 73562 has the highest median home price at $49,535.
Property Tax Assessment Values Across Randlett, Cotton County, Oklahoma
Source: Ownwell
$49,535
$103,337
$157,138
Median Randlett Market Value
$49,535
Median Cotton County Market Value
$75,665
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Randlett, Cotton County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73562 | $13,720 | $24,311 | $49,535 | $89,343 | $159,316 |
Source: Ownwell
Property Tax Bills Across Randlett, Cotton County, Oklahoma
Property tax bills in Randlett are based on the assessed value of a home, not its market price, and the local tax rate applied to that value. For homeowners, this means the final bill depends on both how the property is assessed and the tax rate set for the area. In Cotton County, the median home price is $49,535, which helps show the scale of local property values that feed into tax calculations.
The typical property tax bill in Randlett is $480.00, and that amount can vary widely depending on a home’s assessed value and any exemptions or local taxing differences that apply. Bills in the area range from $214 at the 25th percentile to $850 at the 75th percentile, with the 90th percentile reaching $1,577. For homeowners, these differences can have a real impact on monthly housing costs and long-term affordability.
Median Randlett Tax Bill
$480
Median Cotton County Tax Bill
$565
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Randlett, Cotton County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73562 | $124 | $214 | $480 | $850 | $1,577 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 6 |
Links | |
|---|---|
| Cotton Tax Assessor | |
| Website | oktaxrolls.com |