73170 Property Tax Rate

Property owners in ZIP code 73170 (Oklahoma City, Oklahoma) pay a median of $2,705/year in property taxes on homes valued at $249,800. This translates to an effective tax rate of 1.08%, which is 64% above the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 73170 is approximately $225, which factors into escrow payments on mortgages. This ZIP code is located within Cleveland County. This is $1,713 more than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 73170 has lower property taxes. ZIP codes with similar effective rates include 74129 (1.08%) and 73132 (1.09%).

In Oklahoma City, property taxes represent approximately 2.9% of the median household income of $92,403, providing context for the relative tax burden on homeowners in this area.

Oklahoma assessments are not frozen at purchase price and do not reset on sale — the Cleveland County Assessor will appraise your property according to current market value and county policy. Cleveland County provides a Homestead Exemption and Senior Exemption programs; file applications with the Cleveland County Assessor's office to reduce your taxable base. Submit your exemption paperwork within 30 days of closing and request a property record review to ensure the assessed value matches similar homes in your area.