Collinsville, Tulsa County, Oklahoma Property Taxes

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

Median Collinsville, OK effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Collinsville, OK home value: $160,930
Median annual Collinsville, OK tax bill: $1,630, $770 lower than the national median property tax bill of $2,400.

How are property taxes in Tulsa calculated?

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

Last Updated March 1, 2025

Collinsville, Tulsa County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$1,835

$1,702

Ownwell’s Collinsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Collinsville with just two data points. By entering your property's estimated assessed value, our calculator applies Collinsville’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 Collinsville, Tulsa County, Oklahoma

Local government entities set tax rates, which can vary widely within a state. 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 Collinsville’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S. Collinsville, located in Rogers County, has a property tax rate that aligns closely with the state median. Oklahoma's median property tax rate is slightly higher than the national median of 1.02%, yet its property tax bills remain relatively low, reflecting the state's lower overall property values. This provides a favorable environment for property owners in Collinsville, where the tax rate supports essential community services while maintaining affordability. Understanding these dynamics can empower property owners to make informed decisions about property investments and appeals.

Property Tax Rates Across Collinsville, 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 Collinsville Tax Rate

1.14%

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 Collinsville, Tulsa County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
74021	0.22%	0.67%	1.14%	1.25%	1.25%

Source: Ownwell

Property Tax Assessment Values Across Collinsville, Tulsa County, Oklahoma

When examining property taxes in Collinsville, 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 Collinsville. For example, the median home price in Collinsville is $160,930, with tax bills ranging significantly across the county. 74021 has the highest median home price at $160,930.

Property Tax Assessment Values Across Collinsville, Tulsa County, Oklahoma

Source: Ownwell

$19,238

$162,439

$305,640

Median Collinsville Market Value

$160,930

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 Collinsville, Tulsa County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
74021	$51,716	$105,000	$160,930	$207,898	$280,000

Source: Ownwell

Property Tax Bills Across Collinsville, Tulsa County, Oklahoma

In Collinsville, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors such as property location, improvements, and local levies influence the final amount. Homeowners in Collinsville can expect a median property tax bill of $1,630, which is below the national median of $2,400. However, depending on the property's value and location, tax bills can vary significantly, ranging from the 25th percentile at $565 to the 90th percentile at $3,019. This variability can impact homeowners' budgets considerably. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially lower their tax bills. By analyzing property assessments and market conditions, Ownwell identifies opportunities for savings, ensuring homeowners only pay their fair share. This service can be particularly beneficial in areas like Collinsville, where tax bills can significantly fluctuate.

Property Tax Bills Across Collinsville, Tulsa County, Oklahoma

Source: Ownwell

$160

$2,207

$4,253

Median Collinsville Tax Bill

$1,630

Median Tulsa County Tax Bill

$1,876

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Collinsville, Tulsa County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
74021	$234	$565	$1,630	$2,196	$3,019

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Tulsa Tax Assessor
Website	assessor.tulsacounty.org