Jenks, Tulsa County, Oklahoma Property Taxes
Median Jenks, OK effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Jenks, OK home value: $219,109
Median annual Jenks, OK tax bill: $2,821, $421 higher than the national median property tax bill of $2,400.
How are property taxes in Tulsa calculated?
Property taxes in Jenks, 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 Jenks’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jenks, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Jenks, Tulsa County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.33%
Estimate Property Tax Bill
$2,914
$2,704
Property Tax Rates Across Jenks, Tulsa County, Oklahoma
Local government entities in Oklahoma determine tax rates, which can differ significantly across the state. Each year, counties estimate their necessary budget for providing services and divide it by the total assessed value of all taxable properties within their jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Jenks, located in Tulsa County, the effective property tax rate is 1.33%. This rate is notable as it aligns with the highest and lowest median tax rates in the state, indicating a uniformity within this region. Comparatively, the national median property tax rate is 1.02%, which highlights that Jenks has a higher rate than the national average. Moreover, the national median property tax bill is $2,400. This comparison provides a perspective on how Jenks' property tax rate stands relative to both state and national figures, offering insight into the local tax landscape.
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 Jenks Tax Rate
1.33%
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 Jenks, Tulsa County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74037 | 1.13% | 1.24% | 1.33% | 1.40% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Jenks, Tulsa County, Oklahoma
When examining property taxes in Jenks, 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 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 Jenks. For example, the median home price in Jenks is $219,109, with tax bills ranging significantly across the county. The 74037 zip code has the highest median home price at $219,109.
Property Tax Assessment Values Across Jenks, Tulsa County, Oklahoma
Source: Ownwell
$19,238
$162,439
$305,640
Median Jenks Market Value
$219,109
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 Jenks, Tulsa County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74037 | $120,262 | $170,500 | $219,109 | $300,720 | $402,904 |
Source: Ownwell
Property Tax Bills Across Jenks, Tulsa County, Oklahoma
Property tax bills in Jenks, located in Tulsa County, Oklahoma, are calculated based on the assessed value of a property, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Jenks, the median property tax bill is $2,821, which is slightly higher than the national median of $2,400, reflecting the area's desirable living conditions and amenities. Homeowners in Jenks may find their tax bills varying significantly, with the 25th percentile at $2,116 and the 90th percentile reaching $5,558.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing local market data and property assessments, Ownwell identifies opportunities to challenge and reduce over-assessed values, potentially leading to significant savings on tax bills. This service ensures homeowners are not overpaying and helps them manage their property tax expenses more effectively.
Median Jenks Tax Bill
$2,821
Median Tulsa County Tax Bill
$1,876
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Jenks, Tulsa County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74037 | $1,412 | $2,116 | $2,821 | $4,022 | $5,558 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Tulsa Tax Assessor | |
| Website | assessor.tulsacounty.org |