Big Cabin, Craig County, Oklahoma Property Taxes
Property Taxes in Big Cabin, Oklahoma
Median Big Cabin, Oklahoma effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Oklahoma state median of 0.90%.
Median Big Cabin, Oklahoma home value: $103,189
Median annual Big Cabin, Oklahoma tax bill: $706, $1,694 lower than the national median property tax bill of $2,400.
How are property taxes in Craig calculated?
Property taxes in Big Cabin, 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 Big Cabin's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Big Cabin, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Big Cabin, Craig County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$764
$709
How Does the Big Cabin Property Tax Calculator Work?
Use this Big Cabin property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Big Cabin's median effective tax rate of 0.74% — based on actual property records in Craig 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 Big Cabin'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 Big Cabin: rates range from 0.74% in 74332 to 0.74% in 74332, 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 Big Cabin.
About Big Cabin Property Taxes
About Property Taxes in Big Cabin, Craig, Oklahoma
Big Cabin’s median effective property tax rate of 0.74% is lower than the Oklahoma state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Craig 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 Big Cabin. Homeowners in ZIP code 74332 carry a median effective rate of 0.74%, and the same ZIP also has a median tax bill of $706. That consistency reflects how school district boundaries and local assessment districts are drawn across Craig County.
Big Cabin homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the March 7, 2026 deadline each year.
If your estimated bill 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 Big Cabin, Craig 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 Big Cabin'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 Big Cabin Tax Rate
0.74%
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 Craig County Tax Rate
0.78%
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Big Cabin, Craig County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74332 | 0.38% | 0.56% | 0.74% | 0.90% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Big Cabin, Craig County, Oklahoma
When examining property taxes in Big Cabin, 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 Craig County assessor 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 Craig 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 Big Cabin.
For example, the median home price in Big Cabin is $103,189, with tax bills ranging significantly across the county. 74332 has the highest median home price at $103,189.
Property Tax Assessment Values Across Big Cabin, Craig County, Oklahoma
Source: Ownwell
$77,961
$114,592
$151,223
Median Big Cabin Market Value
$103,189
Median Craig County Market Value
$83,904
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Big Cabin, Craig County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74332 | $29,557 | $59,980 | $103,189 | $181,938 | $273,536 |
Source: Ownwell
Property Tax Bills Across Big Cabin, Craig County, Oklahoma
Big Cabin property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that assessed value to determine how much a homeowner owes each year, so changes in market value can affect the final bill.
For homeowners in Big Cabin, the amount due depends on several factors, including the home’s value and the tax rates set by local governments and other taxing districts. With a median home price of $103,189, property tax bills can vary widely across the area. The 25th percentile tax bill is $364, while the 75th percentile reaches $1,327 and the 90th percentile is $2,208.
These differences matter because a higher assessed value can lead to a larger tax bill, increasing annual housing costs for homeowners. In Big Cabin, the highest and lowest median tax bill is $706 in ZIP code 74332.
Median Big Cabin Tax Bill
$706
Median Craig County Tax Bill
$597
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Big Cabin, Craig County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74332 | $144 | $364 | $706 | $1,327 | $2,208 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 7 |
Links | |
|---|---|
| Craig Tax Assessor | |
| Website | oktaxrolls.com |