Capron, Woods County, Oklahoma Property Taxes

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

Median Capron, OK effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Oklahoma state median of 0.97%.
Median Capron, OK home value: $14,200
Median annual Capron, OK tax bill: $115, $2,285 lower than the national median property tax bill of $2,400.

How are property taxes in Woods County calculated?

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

Last Updated March 1, 2025

Capron, Woods County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$115

$107

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

Property Tax Rates Across Capron, Woods County, Oklahoma

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Capron, located in Woods County, Oklahoma, the effective property tax rate is a reflection of this local budgeting process. Oklahoma's median property tax rate is 0.81%, which is below the national median of 1.02%. This lower rate can be appealing for property owners seeking to minimize their tax burden. When comparing Capron's rate to other cities in Oklahoma and the U.S., it becomes evident that property owners in Capron may benefit from a more favorable tax environment. This advantageous tax rate can be a significant factor for those considering property ownership in Capron, offering a potential edge over other regions with higher tax rates.

Property Tax Rates Across Capron, Woods County, Oklahoma

Source: Ownwell

0.37%

0.56%

0.75%

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 Capron Tax Rate

0.81%

Median Effective Woods County Tax Rate

0.70%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Capron, Woods County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
73717	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Capron, Woods County, Oklahoma

When examining property taxes in Capron, 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 Woods 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 Woods 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 Capron. For example, the median home price in Capron is $14,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Capron, Woods County, Oklahoma

Source: Ownwell

$54,915

$119,683

$184,451

Median Capron Market Value

$14,200

Median Woods County Market Value

$89,049

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Capron, Woods County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
73717	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Capron, Woods County, Oklahoma

In CAPRON, Woods County, OK, property tax bills are determined by the assessed value of a home, which is a percentage of the property's market value. The median home price in this area is $14,200. The property tax rate is applied to this assessed value to calculate the tax bill. With a tax bill consistently around $115 across various percentiles, it is evident that the area maintains a relatively low property tax burden compared to the national median property tax bill of $2,400. This lower tax bill can be attributed to the region's modest property values.

Homeowners in CAPRON may still find opportunities to reduce their property tax bills further. Ownwell offers expert property tax appeal services, helping homeowners identify discrepancies in their property assessments and file appeals to lower their tax obligations. By leveraging Ownwell’s expertise, homeowners can ensure that they are not overpaying on their property taxes, potentially leading to significant savings. This service is particularly beneficial in regions where even small reductions in tax rates can result in meaningful financial relief.

Property Tax Bills Across Capron, Woods County, Oklahoma

Source: Ownwell

$389

$690

$990

Median Capron Tax Bill

$115

Median Woods County Tax Bill

$565

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Capron, Woods County, Oklahoma

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
73717	N/A	N/A	N/A	N/A	N/A

Source: Ownwell