74553 Property Tax Rate

Property owners in ZIP code 74553 (Kiowa, Oklahoma) pay a median of $486/year in property taxes on homes valued at $131,600. This translates to an effective tax rate of 0.37%, which is 44% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74553 is approximately $41, which factors into escrow payments on mortgages. This ZIP code is located within Pittsburg County. This is $506 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74553 has lower property taxes. ZIP codes with similar effective rates include 74939 (0.37%) and 74441 (0.37%).

In Kiowa, property taxes represent approximately 0.8% of the median household income of $59,917, 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.