74027 Property Tax Rate

Property owners in ZIP code 74027 (Delaware, Oklahoma) pay a median of $823/year in property taxes on homes valued at $126,600. This translates to an effective tax rate of 0.65%, which is near the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74027 is approximately $69, which factors into escrow payments on mortgages. This ZIP code is located within Nowata County.

Compared to similar ZIP codes in Oklahoma, 74027 has higher property taxes. ZIP codes with similar effective rates include 74840 (0.65%) and 74054 (0.65%).

In Delaware, property taxes represent approximately 1.9% of the median household income of $42,344, 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 fair market value upon transfer or during Nowata County's reappraisal cycle. Nowata County provides a Homestead Exemption for primary residences that reduces assessed value; file your application with the Nowata County Assessor. Contact the Nowata County Assessor's office within 30 days of closing to submit your homestead exemption application and confirm the exemption is recorded on your tax card.