74014 Property Tax Rate

Property owners in ZIP code 74014 (Broken Arrow, Oklahoma) pay a median of $2,171/year in property taxes on homes valued at $240,200. This translates to an effective tax rate of 0.90%, which is 37% above the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74014 is approximately $181, which factors into escrow payments on mortgages. This ZIP code is located within Wagoner County. This is $1,179 more than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74014 has lower property taxes. ZIP codes with similar effective rates include 74633 (0.90%) and 74837 (0.90%).

In Broken Arrow, property taxes represent approximately 2.3% of the median household income of $94,102, providing context for the relative tax burden on homeowners in this area.

Oklahoma does not cap assessment increases at sale or for existing owners — your property will be reassessed to current market value whenever it transfers or when the county conducts a general reappraisal (typically every few years). Wagoner County offers a Homestead Exemption that reduces assessed value for primary residences; file with the Wagoner County Assessor's office to claim it and verify your exemption status on your next tax notice. Contact the Wagoner County Assessor immediately after purchase to confirm your homestead exemption application and request a copy of your assessment card to track any valuation changes.