Bixby, Tulsa County, Oklahoma Property Taxes
Median Bixby, OK effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Bixby, OK home value: $219,670
Median annual Bixby, OK tax bill: $3,171, $771 higher than the national median property tax bill of $2,400.
How are property taxes in Tulsa calculated?
Property taxes in Bixby, 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 Bixby’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bixby, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bixby, Tulsa County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$3,163
$2,935
Property Tax Rates Across Bixby, Tulsa County, Oklahoma
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually calculates its necessary budget to maintain services and divides this by the total value of all taxable property in its area. This process establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially how it works each year.
In Bixby, located in Tulsa County, the effective property tax rate stands at 1.44%. This rate is higher than the national median property tax rate of 1.02%, making it an important consideration for property owners in the area. Compared to other cities in Oklahoma, Bixby's rate is consistent across the region, as indicated by its presence in zip code 74008. Understanding these rates is crucial for homeowners aiming to manage their property tax expenses effectively. By being informed, property owners can make strategic decisions to minimize their tax burden and optimize their financial planning.
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 Bixby Tax Rate
1.44%
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 Tulsa County Tax Rate
1.31%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bixby, Tulsa County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74008 | 1.17% | 1.33% | 1.44% | 1.52% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Bixby, Tulsa County, Oklahoma
When examining property taxes in Bixby, 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 Tulsa 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.
Assessment notices: In Tulsa 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 Bixby. For example, the median home price in Bixby is $219,670, with tax bills ranging significantly across the county. Zip code 74008 has the highest median home price at $219,670.
Property Tax Assessment Values Across Bixby, Tulsa County, Oklahoma
Source: Ownwell
$19,238
$162,439
$305,640
Median Bixby Market Value
$219,670
Median Tulsa County Market Value
$152,469
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bixby, Tulsa County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74008 | $73,179 | $153,500 | $219,670 | $317,000 | $416,010 |
Source: Ownwell
Property Tax Bills Across Bixby, Tulsa County, Oklahoma
Median Bixby Tax Bill
$3,171
Median Tulsa County Tax Bill
$1,876
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Bixby, Tulsa County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74008 | $1,142 | $2,156 | $3,171 | $4,697 | $6,254 |
Source: Ownwell