73628 Property Tax Rate

Property owners in ZIP code 73628 (Cheyenne, Oklahoma) pay a median of $663/year in property taxes on homes valued at $152,500. This translates to an effective tax rate of 0.43%, which is 34% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 73628 is approximately $55, which factors into escrow payments on mortgages. This ZIP code is located within Roger Mills County. This is $329 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 73628 has higher property taxes. ZIP codes with similar effective rates include 74852 (0.44%) and 73755 (0.43%).

In Cheyenne, property taxes represent approximately 1.1% of the median household income of $61,513, providing context for the relative tax burden on homeowners in this area.

Oklahoma has no statewide property tax cap; your home will be assessed at market value when you purchase and reappraised annually by the Roger Mills County Assessor. Seniors 65+ and disabled homeowners qualify for a Homestead Exemption reducing assessed value — apply with the Roger Mills County Assessor to claim this benefit and reduce your annual tax bill. Request your assessment notice from the Roger Mills County Assessor within 60 days of closing to confirm the exemption was applied correctly.