Ravia, Johnston County, Oklahoma Property Taxes

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

Median Ravia, OK effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Ravia, OK home value: $47,376
Median annual Ravia, OK tax bill: $256, $2,144 lower than the national median property tax bill of $2,400.

How are property taxes in Johnston County calculated?

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

Last Updated March 1, 2025

Ravia, Johnston County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$322

$299

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

Property Tax Rates Across Ravia, Johnston 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 Ravia’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.

Ravia, located in Johnston County, Oklahoma, has a median property tax rate of 0.68%. This rate is significantly lower than the national median property tax rate of 1.02%, making it an attractive location for property owners seeking lower tax obligations. The highest and lowest median tax rates in the area are also 0.68%, highlighting a uniformity in tax rates within the region. This consistency can provide property owners with a sense of predictability when planning their financial commitments.

Property Tax Rates Across Ravia, Johnston County, Oklahoma

Source: Ownwell

0.56%

0.70%

0.85%

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 Ravia Tax Rate

0.68%

Median Effective Johnston County Tax Rate

0.70%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ravia, Johnston County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
73455	0.31%	0.47%	0.68%	0.76%	0.76%

Source: Ownwell

Property Tax Assessment Values Across Ravia, Johnston County, Oklahoma

When examining property taxes in Ravia, OK, 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 Johnston 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 Johnston 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 Ravia. For example, the median home price in Ravia is $47,376, with tax bills ranging significantly across the county. ZIP code 73455 has the highest median home price at $47,376.

Property Tax Assessment Values Across Ravia, Johnston County, Oklahoma

Source: Ownwell

$41,274

$82,711

$124,147

Median Ravia Market Value

$47,376

Median Johnston County Market Value

$84,611

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ravia, Johnston County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
73455	$17,456	$27,298	$47,376	$74,560	$105,631

Source: Ownwell

Property Tax Bills Across Ravia, Johnston County, Oklahoma

In Ravia, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. In Johnston County, the assessed value is typically a fraction of the home's market value, which is significantly lower than the national median home price. For instance, the median home price in Ravia is $47,376. Homeowners in this area experience a range of property tax bills, with the 25th percentile at $145 and the 75th percentile reaching $489. Comparatively, the national median property tax bill is $2,400, indicating that Ravia's tax bills are considerably lower. However, even with lower tax bills, it's essential for homeowners to ensure they are not overpaying. This is where Ownwell can assist by offering property tax appeal and exemption services. By leveraging expert knowledge and experience, Ownwell helps homeowners identify discrepancies in their assessments and navigate the appeal process, potentially saving them money on their property tax bills.

Property Tax Bills Across Ravia, Johnston County, Oklahoma

Source: Ownwell

$256

$448

$639

Median Ravia Tax Bill

$256

Median Johnston County Tax Bill

$521

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Ravia, Johnston County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
73455	$80	$145	$256	$489	$666

Source: Ownwell