74522 Property Tax Rate

Property owners in ZIP code 74522 (Alderson, Oklahoma) pay a median of $1,112/year in property taxes on homes valued at $206,000. This translates to an effective tax rate of 0.54%, which is 18% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74522 is approximately $93, which factors into escrow payments on mortgages. This ZIP code is located within Pittsburg County.

Compared to similar ZIP codes in Oklahoma, 74522 has higher property taxes. ZIP codes with similar effective rates include 74071 (0.54%) and 74962 (0.54%).

In Alderson, property taxes represent approximately 1.7% of the median household income of $66,635, 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.