74346 Property Tax Rate

Property owners in ZIP code 74346 (Jay, Oklahoma) pay a median of $579/year in property taxes on homes valued at $124,700. This translates to an effective tax rate of 0.46%, which is 30% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74346 is approximately $48, which factors into escrow payments on mortgages. This ZIP code is located within Delaware County. This is $413 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74346 has lower property taxes. ZIP codes with similar effective rates include 74831 (0.46%) and 74370 (0.47%).

In Jay, property taxes represent approximately 1.2% of the median household income of $48,974, 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.