Buffalo, Harper County, Oklahoma Property Taxes
Median Buffalo, Oklahoma 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 Buffalo, Oklahoma home value: $58,500
Median annual Buffalo, Oklahoma tax bill: $439, $1,961 lower than the national median property tax bill of $2,400.
How are property taxes in Harper calculated?
Property taxes in Buffalo, 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 Buffalo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buffalo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buffalo, Harper County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$462
$429
Property Tax Rates Across Buffalo, Harper County, Oklahoma
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
Buffalo in Harper County, Oklahoma, offers a unique perspective on property tax rates. The effective property tax rate here stands at 0.79%, which is significantly lower than the national median of 1.02%. This can make owning property in Buffalo more attractive compared to other cities in Oklahoma and across the U.S.
Understanding these rates is crucial for property owners, as they directly impact the annual tax bill. While the national median property tax bill is $2,400, Buffalo's lower tax rate can lead to substantial savings. By appealing your property taxes or seeking exemptions, you can further optimize your tax obligations. This makes it essential to stay informed about local tax trends and take action when necessary.
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 Buffalo 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 Harper County Tax Rate
0.73%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buffalo, Harper County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73834 | 0.51% | 0.65% | 0.79% | 0.90% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Buffalo, Harper County, Oklahoma
When examining property taxes in Buffalo, 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 Harper County Appraisal District 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 Harper County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Buffalo. For example, the median home price in Buffalo is $58,500, with tax bills ranging significantly across the county. Zip code 73834 has the highest median home price at $58,500.
Property Tax Assessment Values Across Buffalo, Harper County, Oklahoma
Source: Ownwell
$37,534
$48,017
$58,500
Median Buffalo Market Value
$58,500
Median Harper County Market Value
$57,434
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buffalo, Harper County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73834 | $22,650 | $35,521 | $58,500 | $99,240 | $155,441 |
Source: Ownwell
Property Tax Bills Across Buffalo, Harper County, Oklahoma
In Buffalo, Oklahoma, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. In Harper County, where Buffalo is located, the median property tax bill is $439, which is significantly lower than the national median of $2,400. However, homeowners in the 90th percentile can see tax bills as high as $1,226. High property taxes can impact homeowners by increasing their monthly expenses and affecting their overall financial planning.
Ownwell can assist homeowners in Buffalo by reviewing their property assessments to ensure accuracy and identify potential savings. Our experts are adept at navigating the appeal process, potentially reducing tax liabilities and ensuring homeowners are not overpaying. By leveraging our services, homeowners can achieve peace of mind and financial savings on their property taxes.
Median Buffalo Tax Bill
$439
Median Harper County Tax Bill
$402
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Buffalo, Harper County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73834 | $152 | $253 | $439 | $774 | $1,226 |
Source: Ownwell