Broken Arrow, Tulsa County, Oklahoma Property Taxes

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

Median Broken Arrow, OK effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Broken Arrow, OK home value: $182,408
Median annual Broken Arrow, OK tax bill: $2,285, $115 lower than the national median property tax bill of $2,400.

How are property taxes in Tulsa County calculated?

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

Last Updated March 1, 2025

Broken Arrow, Tulsa County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.3%

Estimate Property Tax Bill

$2,371

$2,201

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

Property Tax Rates Across Broken Arrow, Tulsa County, Oklahoma

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 Broken Arrow’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.

Property Tax Rates Across Broken Arrow, Tulsa County, Oklahoma

Source: Ownwell

0.90%

1.18%

1.47%

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 Broken Arrow Tax Rate

1.30%

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 Broken Arrow, Tulsa County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
74011	1.10%	1.23%	1.34%	1.43%	1.43%
74012	1.05%	1.17%	1.27%	1.36%	1.43%
74014	0.85%	1.11%	1.22%	1.24%	1.41%

Source: Ownwell

Property Tax Assessment Values Across Broken Arrow, Tulsa County, Oklahoma

When examining property taxes in Broken Arrow, 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.

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 Broken Arrow.

For example, the median home price in Broken Arrow is $182,408, with tax bills ranging significantly across the county. Zip code 74011 has the highest median home price at $187,666.

Property Tax Assessment Values Across Broken Arrow, Tulsa County, Oklahoma

Source: Ownwell

$19,238

$162,439

$305,640

Median Broken Arrow Market Value

$182,408

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 Broken Arrow, Tulsa County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
74011	$121,521	$149,478	$187,666	$258,077	$374,938
74012	$107,962	$138,620	$179,727	$231,420	$284,500
74014	$82,768	$105,000	$138,253	$212,553	$338,900

Source: Ownwell

Property Tax Bills Across Broken Arrow, Tulsa County, Oklahoma

In Broken Arrow, Tulsa County, OK, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in Broken Arrow can expect to pay a median property tax bill that is generally lower than the national median of $2,400. The median home price in the area is $182,408, which influences the assessed value and, consequently, the tax bill. For instance, in the 74011 zip code, the highest median tax bill is $2,434, while the lowest is $1,606 in the 74014 zip code. Factors such as location, home improvements, and local government budgets can also impact the tax bill. Ownwell offers services to help homeowners reduce their property tax bills by appealing assessed values and securing exemptions. By leveraging expert knowledge, Ownwell ensures that homeowners pay only their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Broken Arrow, Tulsa County, Oklahoma

Source: Ownwell

$160

$2,207

$4,253

Median Broken Arrow Tax Bill

$2,285

Median Tulsa County Tax Bill

$1,876

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Broken Arrow, Tulsa County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
74011	$1,465	$1,832	$2,434	$3,529	$5,273
74012	$1,238	$1,647	$2,215	$2,964	$3,778
74014	$752	$1,200	$1,606	$2,970	$4,213

Source: Ownwell