Grove, Delaware County, Oklahoma Property Taxes
Median Grove, OK effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Grove, OK home value: $178,807
Median annual Grove, OK tax bill: $1,313, $1,087 lower than the national median property tax bill of $2,400.
How are property taxes in Delaware calculated?
Property taxes in Grove, 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 Grove’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grove, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grove, Delaware County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$1,413
$1,311
Property Tax Rates Across Grove, Delaware County, Oklahoma
Local government entities have the authority to set property tax rates, leading to significant variation within a state. Each county annually estimates the budget necessary to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This process determines the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is the fundamental process followed each year.
Comparing Grove’s effective property tax rate to other cities in Oklahoma, you will find that it aligns with the state’s median rate and is below the national median property tax rate of 1.02%. This lower rate can be an attractive factor for property owners in Grove, especially when considering that the national median property tax bill is $2,400. It is essential for property owners to stay informed about their local tax rates, as these rates impact their annual expenses and the affordability of homeownership. Understanding these dynamics can help property owners make informed decisions and potentially save money through property tax appeals or exemptions.
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 Grove Tax Rate
0.79%
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 Delaware County Tax Rate
0.78%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grove, Delaware County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74344 | 0.54% | 0.65% | 0.79% | 0.93% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Grove, Delaware County, Oklahoma
When examining property taxes in Grove, 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 Delaware 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 Delaware 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 Grove.
For example, the median home price in Grove is $178,807, with tax bills ranging significantly across the county. Zip code 74344 has the highest median home price at $178,807.
Property Tax Assessment Values Across Grove, Delaware County, Oklahoma
Source: Ownwell
$66,992
$139,600
$212,208
Median Grove Market Value
$178,807
Median Delaware County Market Value
$141,764
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grove, Delaware County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74344 | $43,194 | $99,443 | $178,807 | $288,551 | $459,582 |
Source: Ownwell
Property Tax Bills Across Grove, Delaware County, Oklahoma
Median Grove Tax Bill
$1,313
Median Delaware County Tax Bill
$1,031
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Grove, Delaware County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74344 | $292 | $689 | $1,313 | $2,213 | $3,764 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Delaware Tax Assessor | |
| Website | property.spatialest.com |