Porum, Muskogee County, Oklahoma Property Taxes

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

Median Porum, OK effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Porum, OK home value: $77,976
Median annual Porum, OK tax bill: $370, $2,030 lower than the national median property tax bill of $2,400.

How are property taxes in Muskogee County calculated?

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

Last Updated March 1, 2025

Porum, Muskogee County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.5%

Estimate Property Tax Bill

$390

$362

Ownwell’s Porum Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Porum with just two data points.

By entering your property's estimated assessed value, our calculator applies Porum’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 Muskogee County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Porum, Muskogee County, Oklahoma

Local government entities set tax rates, which can vary widely within a state. 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.

In Porum, Muskogee County, Oklahoma, the effective property tax rate stands at 0.50%, which is significantly lower than the national median of 1.02%. This makes Porum an attractive location for homeowners looking to minimize their property tax burden. The median property tax rate in Oklahoma is also 0.50%, indicating a consistent tax landscape across the state. Compared to other regions, Porum offers a favorable tax environment, potentially translating into lower annual tax bills for property owners. With the national median property tax bill at $2,400, residents in Porum can expect to pay considerably less, making it an appealing option for those seeking affordability without compromising on essential services.

Property Tax Rates Across Porum, Muskogee County, Oklahoma

Source: Ownwell

0.47%

0.78%

1.10%

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 Porum Tax Rate

0.50%

Median Effective Muskogee County Tax Rate

0.91%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Porum, Muskogee County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
74455	0.19%	0.34%	0.50%	0.70%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Porum, Muskogee County, Oklahoma

When examining property taxes in Porum, 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 Muskogee 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 Muskogee County, assessment notices are sent in the spring 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 Porum. For example, the median home price in Porum is $77,976, with tax bills ranging significantly across the county. Zip code 74455 has the highest median home price at $77,976.

Property Tax Assessment Values Across Porum, Muskogee County, Oklahoma

Source: Ownwell

$41,021

$94,180

$147,338

Median Porum Market Value

$77,976

Median Muskogee County Market Value

$87,404

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Porum, Muskogee County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
74455	$20,230	$39,031	$77,976	$125,320	$183,392

Source: Ownwell

Property Tax Bills Across Porum, Muskogee County, Oklahoma

In Porum, located in Muskogee County, OK, property tax bills are calculated based on the assessed value of a property. This assessed value is a percentage of the property's market value, which is determined by the county assessor. In Porum, the median property tax bill is significantly lower than the national median of $2,400, with the highest median tax bill in the area being $370. This is due to the relatively low median home price of $77,976. Factors such as property improvements and location can influence the assessed value, which in turn affects the tax bill. Homeowners in Porum may find their tax bills ranging from the 25th percentile at $164 to the 90th percentile at $1,135. Ownwell assists homeowners by providing property tax appeal and exemption services, helping them potentially reduce their tax burden. By analyzing local property tax assessments and market trends, Ownwell identifies opportunities for homeowners to save on their property tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Porum, Muskogee County, Oklahoma

Source: Ownwell

$189

$628

$1,066

Median Porum Tax Bill

$370

Median Muskogee County Tax Bill

$663

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Porum, Muskogee County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
74455	$53	$164	$370	$684	$1,135

Source: Ownwell