The rate in context
On a $400,000 home, 0.79% means roughly $3,160 per year in property tax, escrowed monthly, so it lands directly in your payment and your debt-to-income ratio.
Exemptions and notes
Taxable value growth is capped at 5% per year for homesteads; a $1,000 homestead exemption applies.
Sources: Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. County-level rates vary; your county page has local detail.
Counties in Oklahoma
FAQ
What is the average property tax rate in Oklahoma?
The average effective property tax rate in Oklahoma is about 0.79%, per Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. Individual counties vary above and below that average.
How do Oklahoma property taxes affect my mortgage?
Taxes are escrowed into your monthly payment, so a higher rate directly reduces how much house you qualify for. Taxable value growth is capped at 5% per year for homesteads; a $1,000 homestead exemption applies.