74131 Property Tax Rate

Property owners in ZIP code 74131 (Tulsa, Oklahoma) pay a median of $1,406/year in property taxes on homes valued at $188,500. This translates to an effective tax rate of 0.75%, which is 13% above the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74131 is approximately $117, which factors into escrow payments on mortgages. This ZIP code is located within Creek County. This is $414 more than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74131 has lower property taxes. ZIP codes with similar effective rates include 73744 (0.75%) and 73834 (0.75%).

In Tulsa, property taxes represent approximately 2.2% of the median household income of $64,653, 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 at sale and subject to annual revaluation by the Creek County Assessor. Seniors 65+ and disabled homeowners qualify for a Homestead Exemption that reduces assessed value — apply with the Creek County Assessor's office to determine your eligibility and exemption amount. Request your property assessment from the Creek County Assessor within 60 days of closing and file a protest if you believe the valuation is excessive compared to similar properties.