Calvin, Hughes County, Oklahoma Property Taxes

Name: Property Tax Bills Across Calvin, Hughes County, Oklahoma
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Calvin, OK effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Calvin, OK home value: $50,087
Median annual Calvin, OK tax bill: $346, $2,054 lower than the national median property tax bill of $2,400.

How are property taxes in Hughes County calculated?

Property taxes in Calvin, 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 Calvin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Calvin, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Calvin, Hughes County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$406

$376

Ownwell’s Calvin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Calvin with just two data points. By entering your property's estimated assessed value, our calculator applies Calvin’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 Hughes County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Calvin, Hughes County, Oklahoma

Local government entities set tax rates, which can vary widely within a state. Annually, 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 Calvin's effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.

Property Tax Rates Across Calvin, Hughes County, Oklahoma

Source: Ownwell

0.67%

0.81%

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 Calvin Tax Rate

0.81%

Median Effective Hughes County Tax Rate

0.85%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Calvin, Hughes County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
74531	0.45%	0.63%	0.81%	0.91%	0.91%

Source: Ownwell

Property Tax Assessment Values Across Calvin, Hughes County, Oklahoma

When examining property taxes in Calvin, 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 Hughes 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. Assessment notices: In Hughes 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 Calvin. For example, the median home price in Calvin is $50,087, with tax bills ranging significantly across the county. 74531 has the highest median home price at $50,087.

Property Tax Assessment Values Across Calvin, Hughes County, Oklahoma

Source: Ownwell

$35,803

$71,448

$107,093

Median Calvin Market Value

$50,087

Median Hughes County Market Value

$41,920

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Calvin, Hughes County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
74531	$14,165	$26,052	$50,087	$87,981	$141,924

Source: Ownwell

Property Tax Bills Across Calvin, Hughes County, Oklahoma

In Calvin, located in Hughes County, OK, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. With a median home price of $50,087, homeowners in Calvin experience tax bills ranging from $173 at the 25th percentile to $1,133 at the 90th percentile. The highest and lowest median tax bill in the area is $346, indicating a relatively consistent tax burden across different neighborhoods. Compared to the national median property tax rate of 1.02% and median tax bill of $2,400, Calvin's property taxes are significantly lower, offering some relief to homeowners. However, these taxes can still pose a financial challenge. Ownwell offers a solution by helping homeowners appeal their property assessments and identify potential exemptions, ultimately reducing their tax burden. By leveraging expertise in local property tax laws, Ownwell ensures homeowners pay only their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Calvin, Hughes County, Oklahoma

Source: Ownwell

$263

$529

$795

Median Calvin Tax Bill

$346

Median Hughes County Tax Bill

$328

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Calvin, Hughes County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
74531	$95	$173	$346	$629	$1,133

Source: Ownwell