73075 Property Tax Rate

Property owners in ZIP code 73075 (Pauls Valley, Oklahoma) pay a median of $755/year in property taxes on homes valued at $125,900. This translates to an effective tax rate of 0.60%, which is 9% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 73075 is approximately $63, which factors into escrow payments on mortgages. This ZIP code is located within Garvin County. This is $237 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 73075 has higher property taxes. ZIP codes with similar effective rates include 73567 (0.60%) and 74364 (0.60%).

In Pauls Valley, property taxes represent approximately 1.4% of the median household income of $52,112, providing context for the relative tax burden on homeowners in this area.

Oklahoma does not reassess property at sale or cap assessment growth — Garvin County will appraise your home at current market value, which may increase in subsequent years based on comparable sales. Homeowners and seniors in Garvin County should file for the Homestead Exemption or Senior Exemption with the Garvin County Assessor's office to reduce their taxable base. Submit exemption applications immediately after closing to lock in relief for the current tax year.