Osage, Osage County, Oklahoma Property Taxes

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

Median Osage, OK effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Osage, OK home value: $35,505
Median annual Osage, OK tax bill: $210, $2,190 lower than the national median property tax bill of $2,400.

How are property taxes in Osage calculated?

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

Last Updated March 1, 2025

Osage, Osage County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$337

$313

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

Property Tax Rates Across Osage, Osage 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. In Osage, the effective property tax rate is consistent across the board. The median property tax rate here stands at 0.95%, which is slightly below the national median of 1.02%. This means homeowners in Osage might find their tax bills a bit more manageable compared to the national average. The consistency in tax rates within Osage indicates a stable fiscal environment, which can be appealing to potential property buyers and investors. Understanding how these rates compare to the national median can offer valuable insights for property owners looking to optimize their tax liabilities.

Property Tax Rates Across Osage, Osage County, Oklahoma

Source: Ownwell

0.76%

1.06%

1.35%

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 Osage Tax Rate

0.95%

Median Effective Osage County Tax Rate

1.07%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Osage, Osage County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
74054	0.31%	0.70%	0.95%	1.01%	1.12%

Source: Ownwell

Property Tax Assessment Values Across Osage, Osage County, Oklahoma

When examining property taxes in Osage, 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 Osage 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.

In Osage 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 Osage. For example, the median home price in Osage is $35,505, with tax bills ranging significantly across the county. Zip code 74054 has the highest median home price at $35,505.

Property Tax Assessment Values Across Osage, Osage County, Oklahoma

Source: Ownwell

$28,048

$120,397

$212,746

Median Osage Market Value

$35,505

Median Osage County Market Value

$85,955

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Osage, Osage County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
74054	$4,775	$12,248	$35,505	$65,708	$107,237

Source: Ownwell

Property Tax Bills Across Osage, Osage County, Oklahoma

In Osage County, Oklahoma, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of the property's market value. Homeowners in Osage typically experience a range of tax bills, with the 25th percentile at $83 and the 90th percentile reaching $1,118. The median home price in the area is $35,505, resulting in a relatively low median property tax bill of $210. This is significantly below the national median property tax bill of $2,400, making Osage County an attractive location for homeowners seeking affordability. However, even with lower tax rates, homeowners may still face challenges if their property is over-assessed.

Ownwell offers valuable assistance to homeowners in Osage by providing expert property tax appeal and exemption services. By analyzing market trends and property assessments, Ownwell can identify potential savings opportunities and help reduce tax liabilities. This service ensures that homeowners pay only their fair share, potentially saving them hundreds of dollars annually in property taxes.

Property Tax Bills Across Osage, Osage County, Oklahoma

Source: Ownwell

$202

$1,239

$2,276

Median Osage Tax Bill

$210

Median Osage County Tax Bill

$840

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Osage, Osage County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
74054	$36	$83	$210	$490	$1,118

Source: Ownwell