Wetumka, Hughes County, Oklahoma Property Taxes
Median Wetumka, OK effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Wetumka, OK home value: $40,096
Median annual Wetumka, OK tax bill: $296, $2,104 lower than the national median property tax bill of $2,400.
How are property taxes in Hughes County calculated?
Property taxes in Wetumka, 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 Wetumka’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wetumka, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wetumka, Hughes County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$329
$305
Property Tax Rates Across Wetumka, Hughes County, Oklahoma
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process involves votes and laws, but in a nutshell, this is how it works every year.
In Wetumka, located in Hughes County, Oklahoma, the effective property tax rate stands at 0.82%. This rate is notably below the national median property tax rate of 1.02%, making it an attractive location for property owners looking to reduce their annual tax burden. Compared to other cities in Oklahoma, Wetumka's tax rate is consistent with the state’s median, providing a balanced approach to funding essential services without overburdening property owners.
This lower tax rate can be a significant advantage for homeowners and investors seeking to maximize their property investments while contributing to the local community. By understanding the local tax structure, property owners can make informed decisions that align with their financial goals.
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 Wetumka Tax Rate
0.82%
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 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 Wetumka, Hughes County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74883 | 0.43% | 0.63% | 0.82% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Wetumka, Hughes County, Oklahoma
When examining property taxes in Wetumka, 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 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 Hughes 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 Wetumka.
For example, the median home price in Wetumka is $40,096, with tax bills ranging significantly across the county. Zip code 74883 has the highest median home price at $40,096.
Property Tax Assessment Values Across Wetumka, Hughes County, Oklahoma
Source: Ownwell
$35,803
$71,448
$107,093
Median Wetumka Market Value
$40,096
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 Wetumka, Hughes County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74883 | $9,281 | $20,794 | $40,096 | $73,754 | $119,335 |
Source: Ownwell
Property Tax Bills Across Wetumka, Hughes County, Oklahoma
Median Wetumka Tax Bill
$296
Median Hughes County Tax Bill
$328
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Wetumka, Hughes County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74883 | $71 | $142 | $296 | $581 | $951 |
Source: Ownwell