Stillwater, Noble County, Oklahoma Property Taxes

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

Median Stillwater, OK effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%. Median Stillwater, OK home value: $120,597. Median annual Stillwater, OK tax bill: $1,208, $1,192 lower than the national median property tax bill of $2,400. How are property taxes in Noble County calculated? Property taxes in Stillwater, 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 Stillwater’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stillwater, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Stillwater, Noble County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.06%

Estimate Property Tax Bill

$1,278

$1,186

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

Property Tax Rates Across Stillwater, Noble County, Oklahoma

Local government entities are responsible for setting tax rates, which can vary considerably within a state. This variation occurs because each county annually estimates its budget requirements for providing services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Stillwater, located in Noble County, the effective property tax rate is at the higher end when compared to other cities in Oklahoma. The city's rate is slightly above the national median of 1.02%. Oklahoma's median property tax rate is also 1.06%, aligning with Stillwater's rate. This places Stillwater above the national median property tax rate, which is 1.02%.

By comparing Stillwater's property tax rate to the national and state medians, property owners can better understand their tax obligations. For those seeking to manage their property tax expenses, understanding these rates is crucial.

Property Tax Rates Across Stillwater, Noble County, Oklahoma

Source: Ownwell

0.63%

0.87%

1.12%

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 Stillwater Tax Rate

1.06%

Median Effective Noble County Tax Rate

0.91%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stillwater, Noble County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
74075	0.69%	0.86%	1.06%	1.13%	1.18%

Source: Ownwell

Property Tax Assessment Values Across Stillwater, Noble County, Oklahoma

When examining property taxes in Stillwater, 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 Noble 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 Noble 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 Stillwater. For example, the median home price in Stillwater is $120,597, with tax bills ranging significantly across the county. Zip code 74075 has the highest median home price at $120,597.

Property Tax Assessment Values Across Stillwater, Noble County, Oklahoma

Source: Ownwell

$24,112

$91,479

$158,845

Median Stillwater Market Value

$120,597

Median Noble County Market Value

$78,656

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stillwater, Noble County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
74075	$69,889	$92,888	$120,597	$178,440	$258,317

Source: Ownwell

Property Tax Bills Across Stillwater, Noble County, Oklahoma

In Stillwater, located in Noble County, OK, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price here is approximately $120,597, and property tax bills can vary significantly. For instance, homeowners in the 25th percentile pay around $868, while those in the 75th percentile see bills closer to $1,832. At the 90th percentile, tax bills can reach up to $2,604. Comparatively, the national median property tax bill is $2,400, highlighting how Stillwater's tax bills can be both below and above this benchmark. Factors such as local tax rates and property assessments play a crucial role in determining the final tax bill, impacting homeowners' financial planning. Ownwell offers services that can help homeowners in Stillwater reduce their property tax bills by identifying potential savings through appeals and exemptions. By leveraging their expertise, homeowners can ensure they are not overpaying and can potentially save significantly on their annual tax expenses.

Property Tax Bills Across Stillwater, Noble County, Oklahoma

Source: Ownwell

$134

$671

$1,208

Median Stillwater Tax Bill

$1,208

Median Noble County Tax Bill

$666

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Stillwater, Noble County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
74075	$601	$868	$1,208	$1,832	$2,604

Source: Ownwell