Property Tax Experts
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For taxpayers who may be experiencing difficulty in paying their property
taxes, there may be help. Most cities in the United States have Property Tax
Poverty Exemption Policy and Guidelines. You may be eligible to waive your
annual property tax for one year read more
taxes, there may be help. Most cities in the United States have Property Tax
Poverty Exemption Policy and Guidelines. You may be eligible to waive your
annual property tax for one year read more
Understanding Your Tax Bill in Oklahoma
Example
Taxable Market Value of Home $100,000
Assessment Ratio of 11% $11,000
Less Homestead Exemption ($1000)
= Net Assessed Value $10,000
Apply Rate of $100 per Thousand $1000
Example
Taxable Market Value of Home $100,000
Assessment Ratio of 11% $11,000
Less Homestead Exemption ($1000)
= Net Assessed Value $10,000
Apply Rate of $100 per Thousand $1000
HOMESTEAD EXEMPTION
Homestead Exemption is an exemption of $1,000 of the assessed
valuation. This can be a savings of $75 to $125 depending on which
area of the county you are located .
TO QUALIFY:
You must be the homeowner who resides in the property on January 1.
The deed must be executed on or before January 1 and filed with the
County Clerks Office on or before February 1. You must be a resident
of Oklahoma.
TO APPLY:
You may apply for Homestead Exemption with your County Assessors
Office between 8:00 a.m. and 4:45 p.m. Monday through Friday.
In addition, early in January a list of field offices will be set up to
provide greater convenience for filing Homestead Exemption
Homestead Exemption is an exemption of $1,000 of the assessed
valuation. This can be a savings of $75 to $125 depending on which
area of the county you are located .
TO QUALIFY:
You must be the homeowner who resides in the property on January 1.
The deed must be executed on or before January 1 and filed with the
County Clerks Office on or before February 1. You must be a resident
of Oklahoma.
TO APPLY:
You may apply for Homestead Exemption with your County Assessors
Office between 8:00 a.m. and 4:45 p.m. Monday through Friday.
In addition, early in January a list of field offices will be set up to
provide greater convenience for filing Homestead Exemption
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