Muskogee, Wagoner County, Oklahoma Property Taxes
Median Muskogee, OK effective property tax rate: 0.57%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Muskogee, OK home value: $162,018
Median annual Muskogee, OK tax bill: $674, $1,726 lower than the national median property tax bill of $2,400.
How are property taxes in Wagoner County calculated?
Property taxes in Muskogee, 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 Muskogee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Muskogee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Muskogee, Wagoner County, Oklahoma Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.57%
Estimate Property Tax Bill
$924
$857
Property Tax Rates Across Muskogee, Wagoner County, Oklahoma
As noted earlier, 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 Muskogee’s effective property tax rate to other cities in Oklahoma and the median property tax rates in Oklahoma and the U.S.
Muskogee, located in Wagoner County, has a property tax rate that stands out when compared to other regions. With a median property tax rate of 0.57%, Muskogee falls significantly below the national median of 1.02%. This makes it an attractive location for property owners seeking lower tax obligations. The consistency in tax rates across the city, as reflected in the highest and lowest median tax rates, suggests a stable tax environment. For residents, this means predictability in their annual tax bills, offering a sense of financial security. In comparison to the national median property tax bill of $2400, Muskogee offers a more affordable option, enhancing its appeal to potential homeowners and investors alike.
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 Muskogee Tax Rate
0.57%
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 Muskogee, Wagoner County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74403 | 0.22% | 0.44% | 0.57% | 0.74% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Muskogee, Wagoner County, Oklahoma
When examining property taxes in Muskogee, 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 March. 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 Muskogee.
For example, the median home price in Muskogee is $162,018, with tax bills ranging significantly across the county. Zip code 74403 has the highest median home price at $162,018.
Property Tax Assessment Values Across Muskogee, Wagoner County, Oklahoma
Source: Ownwell
$20,490
$136,441
$252,392
Median Muskogee Market Value
$162,018
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 Muskogee, Wagoner County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74403 | $21,018 | $69,375 | $162,018 | $226,445 | $278,952 |
Source: Ownwell
Property Tax Bills Across Muskogee, Wagoner County, Oklahoma
Median Muskogee Tax Bill
$674
Median Wagoner County Tax Bill
$1,718
Median Oklahoma Tax Bill
$1,269
Median United States Tax Bill
$2,400
Property Tax Bills Across Muskogee, Wagoner County, Oklahoma
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 74403 | $149 | $251 | $674 | $1,243 | $1,809 |
Source: Ownwell