Kiefer, Creek County, Oklahoma Property Taxes
Median Kiefer, OK effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Kiefer, OK home value: $184,074
Median annual Kiefer, OK tax bill: $1,752, $648 lower than the national median property tax bill of $2,400.
How are property taxes in Creek County calculated?
Property taxes in Kiefer, 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 Kiefer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kiefer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kiefer, Creek County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$1,749
$1,623
Ownwell’s Kiefer Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kiefer with just two data points.
By entering your property's estimated assessed value, our calculator applies Kiefer’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 Creek County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Kiefer, Creek County, Oklahoma
Local government entities are responsible for setting tax rates, which can differ significantly across a state. The process involves each county estimating its necessary budget for providing services and dividing this amount by the total value of all taxable property within its jurisdiction. This division results in the property tax rate. Although votes and laws play a role in determining these rates and budgets, this is the core of the annual process.
In Kiefer, Creek County, OK, the effective property tax rate is an essential factor for homeowners. While the median property tax rate in Oklahoma is 0.95%, it is slightly below the national median of 1.02%. This difference can result in considerable savings for property owners in Kiefer compared to those in other parts of the country. Understanding these rates is crucial for residents who want to manage their property tax expenses effectively. Comparing Kiefer's tax rate with other cities in Oklahoma and the national median provides valuable insights for potential homeowners and current residents alike.
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 Kiefer Tax Rate
0.95%
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 Creek County Tax Rate
0.88%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kiefer, Creek County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74041 | 0.56% | 0.80% | 0.95% | 1.03% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Kiefer, Creek County, Oklahoma
When examining property taxes in Kiefer, 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 Creek 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.
In Creek 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 Kiefer.
For example, the median home price in Kiefer is $184,074, with tax bills ranging significantly across the county. Zip code 74041 has the highest median home price at $184,074.
Property Tax Assessment Values Across Kiefer, Creek County, Oklahoma
Source: Ownwell
$61,707
$152,877
$244,046
Median Kiefer Market Value
$184,074
Median Creek County Market Value
$130,263
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kiefer, Creek County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74041 | $52,594 | $113,138 | $184,074 | $229,106 | $285,000 |
Source: Ownwell
Property Tax Bills Across Kiefer, Creek County, Oklahoma
In Kiefer, located in Creek County, OK, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, property size, and home improvements. Homeowners in Kiefer face a median tax bill of $1,752, which is below the national median of $2,400. However, this can vary, with tax bills ranging from the 25th percentile at $929 to the 90th percentile at $2,781.
These property taxes fund essential services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners looking to reduce their tax burden can benefit from Ownwell's expertise. By leveraging local knowledge and a deep understanding of property tax regulations, Ownwell helps homeowners identify potential exemptions and appeal inaccurate assessments. This service ensures homeowners pay only their fair share, potentially saving them hundreds of dollars annually on their property tax bills.
Median Kiefer Tax Bill
$1,752
Median Creek County Tax Bill
$1,080
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Kiefer, Creek County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74041 | $386 | $929 | $1,752 | $2,262 | $2,781 |
Source: Ownwell