Chouteau, Wagoner County, Oklahoma Property Taxes
Median Chouteau, OK effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Chouteau, OK home value: $27,094
Median annual Chouteau, OK tax bill: $158, $2,242 lower than the national median property tax bill of $2,400.
How are property taxes in Wagoner calculated?
Property taxes in Chouteau, 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 Chouteau’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chouteau, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chouteau, Wagoner County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$152
$141
Property Tax Rates Across Chouteau, Wagoner County, Oklahoma
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 Chouteau Tax Rate
0.56%
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 Wagoner County Tax Rate
0.86%
Median Effective Oklahoma Tax Rate
0.97%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chouteau, Wagoner County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74337 | 0.22% | 0.39% | 0.56% | 0.86% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Chouteau, Wagoner County, Oklahoma
When examining property taxes in Chouteau, 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 Wagoner 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 Wagoner 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 Chouteau. For example, the median home price in Chouteau is $27,094, with tax bills ranging significantly across the county. Zip code 74337 has the highest median home price at $27,094.
Property Tax Assessment Values Across Chouteau, Wagoner County, Oklahoma
Source: Ownwell
$20,490
$136,441
$252,392
Median Chouteau Market Value
$27,094
Median Wagoner County Market Value
$214,676
Median Oklahoma Market Value
$137,280
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chouteau, Wagoner County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74337 | $1,500 | $2,844 | $27,094 | $140,329 | $247,036 |
Source: Ownwell
Property Tax Bills Across Chouteau, Wagoner County, Oklahoma
In Chouteau, located in Wagoner County, Oklahoma, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors like property size, location, and improvements can influence the assessed value, impacting the tax bill. Homeowners in Chouteau face a median property tax bill of $158, significantly lower than the national median of $2,400. Despite this, tax bills can vary widely, with the 90th percentile reaching $1,759.
For homeowners seeking to reduce their property tax expenses, Ownwell offers valuable services. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed, potentially resulting in significant savings. With a deep understanding of local tax regulations and a commitment to client success, Ownwell can effectively navigate the complexities of property tax assessments, helping homeowners in Chouteau minimize their tax liabilities.
Median Chouteau Tax Bill
$158
Median Wagoner County Tax Bill
$1,718
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Chouteau, Wagoner County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74337 | $6 | $15 | $158 | $763 | $1,759 |
Source: Ownwell