Guymon, Texas County, Oklahoma Property Taxes
Property Taxes in Guymon, Oklahoma
Median Guymon, Oklahoma effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, and lower than the Oklahoma state median of 0.90%.
Median Guymon, Oklahoma home value: $129,700
Median annual Guymon, Oklahoma tax bill: $852, $1,548 lower than the national median property tax bill of $2,400.
How are property taxes in Texas calculated?
Property taxes in Guymon, Oklahoma 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 Guymon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Guymon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Guymon, Texas County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$934
$867
How Does the Guymon Property Tax Calculator Work?
Use this Guymon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Guymon's median effective tax rate of 0.72% — based on actual property records in Texas County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Guymon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Guymon: rates range from 0.72% in 73942 to 0.72% in 73942, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Guymon.
About Guymon Property Taxes
About Property Taxes in Guymon, Texas, Oklahoma
Guymon’s median effective property tax rate of 0.72% is lower than the Oklahoma state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Texas County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Guymon. Homeowners in the 73942 ZIP code carry a median effective rate of 0.72%, while those in the same ZIP code pay 0.72%. This spread reflects how school district boundaries and local assessment districts are drawn across Texas County. Understanding which part of Guymon you live in can make a meaningful difference to your annual tax bill.
Guymon homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 6, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Guymon, Texas County, Oklahoma
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Guymon's effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.
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 Guymon Tax Rate
0.72%
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 Texas County Tax Rate
0.65%
Median Effective Oklahoma Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Guymon, Texas County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73942 | 0.37% | 0.53% | 0.72% | 0.85% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Guymon, Texas County, Oklahoma
When examining property taxes in Guymon, 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 Texas 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.
Assessment notices:
In Texas 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 Guymon.
For example, the median home price in Guymon is $129,700, with tax bills ranging significantly across the county. 73942 has the highest median home price at $129,700.
Property Tax Assessment Values Across Guymon, Texas County, Oklahoma
Source: Ownwell
$72,496
$103,329
$134,162
Median Guymon Market Value
$129,700
Median Texas County Market Value
$124,800
Median Oklahoma Market Value
$160,842
Median United States Market Value
$235,294
Property Tax Assessment Values Across Guymon, Texas County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73942 | $56,759 | $84,194 | $129,700 | $188,943 | $258,836 |
Source: Ownwell
Property Tax Bills Across Guymon, Texas County, Oklahoma
Property tax bills in Guymon are calculated from a home’s assessed value and the local tax rate set by taxing authorities. The assessed value is based on the market value of the property, and that value is then multiplied by the applicable tax rate to determine the annual bill. For homeowners, this means a higher assessed value can lead to a higher tax bill, even if the home has not changed hands.
In Guymon, the median home price is $129,700, and the median property tax bill is $852 in ZIP code 73942. That is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Tax bills can still vary widely, with the 25th percentile at $502 and the 75th percentile at $1,375. For many homeowners, understanding how assessed value and local rates work is key to anticipating yearly housing costs.
Median Guymon Tax Bill
$852
Median Texas County Tax Bill
$742
Median Oklahoma Tax Bill
$1,339
Median United States Tax Bill
$2,400
Property Tax Bills Across Guymon, Texas County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 73942 | $287 | $502 | $852 | $1,375 | $1,971 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 6 |
Links | |
|---|---|
| Texas Tax Assessor | |
| Website | oktaxrolls.com |