74105 Property Tax Rate

Property owners in ZIP code 74105 (Tulsa, Oklahoma) pay a median of $3,091/year in property taxes on homes valued at $318,500. This translates to an effective tax rate of 0.97%, which is 47% above the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74105 is approximately $258, which factors into escrow payments on mortgages. This ZIP code is located within Tulsa County. This is $2,099 more than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74105 has higher property taxes. ZIP codes with similar effective rates include 73064 (0.97%) and 73112 (0.97%).

In Tulsa, property taxes represent approximately 4.4% of the median household income of $69,864, 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 purchase price and revalued annually by the Tulsa County Assessor. Homeowners 65+ and disabled residents can apply for a Homestead Exemption reducing assessed value — file your application with the Tulsa County Assessor's office to lower your annual tax bill on this higher-value property. Contact the Tulsa County Assessor within 30 days of closing to submit your exemption application and obtain your property assessment record; verify the exemption appears on your first tax bill.