Rush Springs, Grady County, Oklahoma Property Taxes
Median Rush Springs, OK effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Rush Springs, OK home value: $77,288
Median annual Rush Springs, OK tax bill: $602, $1,798 lower than the national median property tax bill of $2,400.
How are property taxes in Grady County calculated?
Property taxes in Rush Springs, 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 Rush Springs’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rush Springs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rush Springs, Grady County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$650
$603
Property Tax Rates Across Rush Springs, Grady County, Oklahoma
Local government entities set tax rates, which can vary widely within a state. 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 Rush Springs’ effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.
Rush Springs in Grady County has an effective property tax rate of 0.89%, which is below the national median property tax rate of 1.02%. This means that homeowners in Rush Springs may benefit from lower property tax bills compared to the national average. The uniformity in rates across the region suggests a stable property tax environment, providing potential savings for property owners. Comparing these rates to the national figures highlights the relative affordability of property ownership in Rush Springs, making it an attractive location for those seeking to manage their property tax expenses effectively.
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 Rush Springs Tax Rate
0.93%
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 Grady County Tax Rate
1.11%
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rush Springs, Grady County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73082 | 0.73% | 0.86% | 0.93% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Rush Springs, Grady County, Oklahoma
When examining property taxes in Rush Springs, 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 Grady 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 Grady County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Rush Springs.
For example, the median home price in Rush Springs is $77,288, with tax bills ranging significantly across the county. The zip code 73082 has the highest median home price at $77,288.
Property Tax Assessment Values Across Rush Springs, Grady County, Oklahoma
Source: Ownwell
$51,864
$133,559
$215,254
Median Rush Springs Market Value
$69,850
Median Grady County Market Value
$124,146
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rush Springs, Grady County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73082 | $23,341 | $37,966 | $69,850 | $123,928 | $194,664 |
Source: Ownwell
Property Tax Bills Across Rush Springs, Grady County, Oklahoma
Median Rush Springs Tax Bill
$609
Median Grady County Tax Bill
$1,302
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Rush Springs, Grady County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73082 | $187 | $331 | $609 | $1,129 | $1,778 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Grady Tax Assessor | |
| Website | okcountydata.com |