74331 Property Tax Rate

Property owners in ZIP code 74331 (Afton, Oklahoma) pay a median of $961/year in property taxes on homes valued at $180,200. This translates to an effective tax rate of 0.53%, which is 19% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74331 is approximately $80, which factors into escrow payments on mortgages. This ZIP code is located within Delaware County.

Compared to similar ZIP codes in Oklahoma, 74331 has higher property taxes. ZIP codes with similar effective rates include 73761 (0.53%) and 73860 (0.53%).

In Afton, property taxes represent approximately 1.6% of the median household income of $58,307, 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 Delaware County's reappraisal cycle. Delaware County offers a Homestead Exemption for primary residences that lowers your assessed value; submit your application to the Delaware County Assessor. Register your homestead exemption with the Delaware County Assessor's office immediately after purchase and request a copy of your assessment to verify the exemption is correctly applied.