74301 Property Tax Rate

Property owners in ZIP code 74301 (Vinita, Oklahoma) pay a median of $805/year in property taxes on homes valued at $127,700. This translates to an effective tax rate of 0.63%, which is 5% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74301 is approximately $67, which factors into escrow payments on mortgages. This ZIP code is located within Craig County.

Compared to similar ZIP codes in Oklahoma, 74301 has higher property taxes. ZIP codes with similar effective rates include 74880 (0.63%) and 73117 (0.63%).

In Vinita, property taxes represent approximately 1.6% of the median household income of $50,034, 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 sale or during Craig County's periodic reappraisal cycle. Craig County offers a Homestead Exemption for primary residences that reduces taxable value; submit your application to the Craig County Assessor. Contact the Craig County Assessor's office immediately after purchase to file your homestead exemption and obtain written confirmation of the exemption amount.