Lindsay, Garvin County, Oklahoma Property Taxes
Median Lindsay, OK effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Lindsay, OK home value: $78,310
Median annual Lindsay, OK tax bill: $539, $1,861 lower than the national median property tax bill of $2,400.
How are property taxes in Garvin County calculated?
Property taxes in Lindsay, 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 Lindsay’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lindsay, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lindsay, Garvin County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$548
$509
Property Tax Rates Across Lindsay, Garvin County, Oklahoma
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county annually calculates its budgetary needs for providing services and divides this by the total assessed value of all taxable property within its area. This process establishes the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this is essentially the yearly routine.
In Lindsay, located in Garvin County, Oklahoma, the effective property tax rate is a reflection of such local calculations. Interestingly, Lindsay's property tax rate aligns with the median rate for Oklahoma, which is notably lower than the national median property tax rate of 1.02%. This means homeowners in Lindsay benefit from a comparatively lower tax burden than many other regions across the United States.
For those seeking to understand how their property tax rates compare, it's useful to consider both local and national contexts. Lindsay's property tax rate provides a favorable scenario for property owners, offering a cost advantage when contrasted with the national landscape.
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 Lindsay Tax Rate
0.70%
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 Garvin County Tax Rate
0.69%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lindsay, Garvin County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73052 | 0.39% | 0.52% | 0.70% | 0.85% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Lindsay, Garvin County, Oklahoma
When examining property taxes in Lindsay, 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 Garvin County Assessor's Office 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 Garvin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lindsay.
For example, the median home price in Lindsay is $78,310, with tax bills ranging significantly across the county. Zip code 73052 has the highest median home price at $78,310.
Property Tax Assessment Values Across Lindsay, Garvin County, Oklahoma
Source: Ownwell
$60,180
$130,090
$200,000
Median Lindsay Market Value
$78,310
Median Garvin County Market Value
$84,504
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lindsay, Garvin County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73052 | $36,356 | $54,276 | $78,310 | $132,009 | $219,531 |
Source: Ownwell
Property Tax Bills Across Lindsay, Garvin County, Oklahoma
Median Lindsay Tax Bill
$539
Median Garvin County Tax Bill
$559
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Lindsay, Garvin County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73052 | $197 | $318 | $539 | $889 | $1,495 |
Source: Ownwell