74425 Property Tax Rate

Property owners in ZIP code 74425 (Canadian, Oklahoma) pay a median of $574/year in property taxes on homes valued at $122,900. This translates to an effective tax rate of 0.47%, which is 29% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74425 is approximately $48, which factors into escrow payments on mortgages. This ZIP code is located within Pittsburg County. This is $418 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74425 has higher property taxes. ZIP codes with similar effective rates include 73546 (0.47%) and 74370 (0.47%).

In Canadian, property taxes represent approximately 1.0% of the median household income of $59,830, 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 current market value upon sale or during Pittsburg County's general reappraisal. Pittsburg County provides a Homestead Exemption for owner-occupants of primary residences that lowers your assessed value; apply with the Pittsburg County Assessor. File your homestead exemption application with the Pittsburg County Assessor immediately after closing to ensure the exemption is applied to your property tax bill.