73055 Property Tax Rate

Property owners in ZIP code 73055 (Marlow, Oklahoma) pay a median of $1,020/year in property taxes on homes valued at $154,300. This translates to an effective tax rate of 0.66%, which is near the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 73055 is approximately $85, which factors into escrow payments on mortgages. This ZIP code is located within Stephens County.

Compared to similar ZIP codes in Oklahoma, 73055 has higher property taxes. ZIP codes with similar effective rates include 74820 (0.66%) and 73949 (0.66%).

In Marlow, property taxes represent approximately 1.6% of the median household income of $63,545, providing context for the relative tax burden on homeowners in this area.

Stephens County assessments are not frozen at purchase price — the county assessor will value your property at fair market value and may increase the assessment annually. Eligible homeowners and seniors should apply for the Homestead Exemption or Senior Citizen Exemption with the Stephens County Assessor to reduce taxable value. File exemption paperwork within 30 days of closing and request a property tax estimate from the Stephens County Assessor to understand your liability.