Morrison, Pawnee County, Oklahoma Property Taxes
Median Morrison, OK effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Morrison, OK home value: $79,862
Median annual Morrison, OK tax bill: $838, $1,562 lower than the national median property tax bill of $2,400.
How are property taxes in Pawnee County calculated?
Property taxes in Morrison, 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 Morrison’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Morrison, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Morrison, Pawnee County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$870
$808
Property Tax Rates Across Morrison, Pawnee County, Oklahoma
Local government entities set tax rates, which can vary significantly within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Morrison, located in Pawnee County, Oklahoma, the effective property tax rate reflects this process. Compared to other cities in Oklahoma, Morrison's rate offers a unique perspective on how local governance impacts property owners. Oklahoma's median property tax rate of 1.09% is slightly above the national median of 1.02%, illustrating the state's approach to funding public services through property taxes.
For Morrison residents, understanding how these rates compare to both state and national averages can provide insight into their property tax obligations. While the national median property tax bill is $2400, local variations can influence individual tax bills, making it essential for property owners to stay informed and consider potential appeals or exemptions when necessary.
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 Morrison Tax Rate
1.09%
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 Pawnee County Tax Rate
0.99%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Morrison, Pawnee County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73061 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Morrison, Pawnee County, Oklahoma
When examining property taxes in Morrison, 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 Pawnee County Appraisal District 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 Pawnee 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 Morrison.
For example, the median home price in Morrison is $79,862, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Morrison, Pawnee County, Oklahoma
Source: Ownwell
$27,950
$55,701
$83,452
Median Morrison Market Value
$79,862
Median Pawnee County Market Value
$70,521
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Morrison, Pawnee County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73061 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Morrison, Pawnee County, Oklahoma
In Morrison, located in Pawnee County, Oklahoma, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. Homeowners in Morrison experience a range of property tax bills, with the 25th percentile at $650 and the 75th percentile reaching $1,152. The 90th percentile tax bill can be as high as $1,539. These figures indicate that while some homeowners pay below the national median property tax bill of $2,400, others may face higher charges, depending on their property's assessed value.
Factors influencing the tax bill include the property's market value and the local tax rate. High property taxes can be a burden, impacting household budgets. Here’s where Ownwell steps in, offering expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills. This assistance ensures that residents of Morrison pay only their fair share, alleviating financial stress and providing peace of mind.
Median Morrison Tax Bill
$838
Median Pawnee County Tax Bill
$656
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Morrison, Pawnee County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73061 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell