Newkirk, Kay County, Oklahoma Property Taxes
Property Taxes in Newkirk, Oklahoma
Median Newkirk, Oklahoma effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, and lower than the Oklahoma state median of 0.90%.
Median Newkirk, Oklahoma home value: $84,205
Median annual Newkirk, Oklahoma tax bill: $621, lower than the national median property tax bill of $2,400.
How are property taxes in Kay County calculated?
Property taxes in Newkirk, 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 Newkirk's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newkirk, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Newkirk, Kay County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$573
$531
How Does the Newkirk Property Tax Calculator Work?
Use this Newkirk property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Newkirk's median effective tax rate of 0.68% — based on actual property records in Kay County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Newkirk's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Newkirk: rates range from 0.68% in 74647 to 0.68% in 74647, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Newkirk.
About Newkirk Property Taxes
About Property Taxes in Newkirk, Kay, Oklahoma
Newkirk’s median effective property tax rate of 0.68% is lower than the Oklahoma state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Kay County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Newkirk. Homeowners in the 74647 ZIP code carry a median effective rate of 0.68%, while those in the same ZIP code pay 0.68%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Kay County. Understanding which part of Newkirk you live in can make a meaningful difference to your annual tax bill.
Newkirk homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 6, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Newkirk, Kay County, Oklahoma
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Newkirk's effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.
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 Newkirk Tax Rate
0.68%
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 Kay County Tax Rate
0.71%
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Newkirk, Kay County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74647 | 0.39% | 0.53% | 0.68% | 0.87% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Newkirk, Kay County, Oklahoma
When examining property taxes in Newkirk, 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 Kay County assessor 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 Kay County, assessment notices are sent in March each year. They'll typically reach your mailbox by the middle of March.
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 Newkirk.
For example, the median home price in Newkirk is $84,205, with tax bills ranging significantly across the county. 74647 has the highest median home price at $84,205.
Property Tax Assessment Values Across Newkirk, Kay County, Oklahoma
Source: Ownwell
$46,632
$111,927
$177,221
Median Newkirk Market Value
$84,205
Median Kay County Market Value
$82,331
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newkirk, Kay County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74647 | $22,720 | $39,998 | $84,205 | $147,639 | $237,572 |
Source: Ownwell
Property Tax Bills Across Newkirk, Kay County, Oklahoma
Newkirk Property Tax Bills
Property tax bills in Newkirk are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value to determine the amount owed. For homeowners, the bill reflects both the value assigned to the property and the combined rates set by local governments, which can change the final amount from one home to another.
With a median home price of $84,205, property taxes can still vary widely depending on location and assessment details. In the area, the 25th percentile tax bill is $312, while the 75th percentile is $1,062 and the 90th percentile reaches $1,687. The median tax bill is $621, which is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
For homeowners, a higher assessed value or tax rate can mean a larger annual bill, making property taxes an important part of long-term housing costs.
Median Newkirk Tax Bill
$621
Median Kay County Tax Bill
$591
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Newkirk, Kay County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74647 | $135 | $312 | $621 | $1,062 | $1,687 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 6 |
Links | |
|---|---|
| Kay Tax Assessor | |
| Website | www.actdatascout.com |