Shawnee, Seminole County, Oklahoma Property Taxes
Median Shawnee, OK effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Shawnee, OK home value: $139,481
Median annual Shawnee, OK tax bill: $1,152, $1,248 lower than the national median property tax bill of $2,400.
How are property taxes in Seminole calculated?
Property taxes in Shawnee, 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 Shawnee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shawnee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Shawnee, Seminole County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.89%
Estimate Property Tax Bill
$1,241
$1,152
Property Tax Rates Across Shawnee, Seminole County, Oklahoma
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to provide services and then divide this amount by the total value of all taxable property in their area to determine the property tax rate. While the process involves voting and legislation, this is essentially how it works annually.
In Shawnee, located in Pottawatomie County, Oklahoma, the effective property tax rate is 0.89%, which is lower than the national median property tax rate of 1.02%. This means property owners in Shawnee generally pay less in property taxes compared to the average American homeowner. When compared to other cities in Oklahoma, Shawnee's property tax rate is also competitive, offering residents a more affordable option for property ownership. The median property tax bill in Shawnee is notably lower than the national median of $2,400, making it an attractive location for those looking to minimize their annual property tax expenses.
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 Shawnee Tax Rate
0.89%
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 Seminole County Tax Rate
0.75%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Shawnee, Seminole County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74804 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Shawnee, Seminole County, Oklahoma
When examining property taxes in Shawnee, OK, 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 Seminole 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 Seminole 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 Shawnee.
For example, the median home price in Shawnee is $139,481, with tax bills ranging significantly across the county. 74801 has the highest median home price at $139,481.
Property Tax Assessment Values Across Shawnee, Seminole County, Oklahoma
Source: Ownwell
$48,388
$82,567
$116,746
Median Shawnee Market Value
$139,481
Median Seminole County Market Value
$62,317
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Shawnee, Seminole County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74804 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Shawnee, Seminole County, Oklahoma
In Shawnee, located in Seminole County, Oklahoma, property tax bills are determined based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is then multiplied by the local tax rate to calculate the tax bill. Factors such as property improvements, neighborhood changes, and market trends can influence the assessed value. For homeowners, this means that fluctuations in the local real estate market can directly impact their annual tax bills.
In Shawnee, property tax bills can vary significantly. The 25th percentile tax bill is $1,126, while the 75th percentile is $1,177, and the 90th percentile reaches $1,193. Although these figures are below the national median property tax bill of $2,400, they still represent a substantial cost for homeowners.
Ownwell can assist homeowners in Shawnee by providing property tax appeal and exemption services. By analyzing the assessed value and ensuring it aligns with the current market value, Ownwell can help homeowners potentially reduce their tax bills, offering significant savings and alleviating the financial burden.
Median Shawnee Tax Bill
$1,152
Median Seminole County Tax Bill
$442
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Shawnee, Seminole County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74804 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell