74636 Property Tax Rate

Property owners in ZIP code 74636 (Deer Creek, Oklahoma) pay a median of $975/year in property taxes on homes valued at $123,800. This translates to an effective tax rate of 0.79%, which is 19% above the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74636 is approximately $81, which factors into escrow payments on mortgages. This ZIP code is located within Grant County.

Compared to similar ZIP codes in Oklahoma, 74636 has lower property taxes. ZIP codes with similar effective rates include 73858 (0.79%) and 73749 (0.78%).

In Deer Creek, property taxes represent approximately 1.0% of the median household income of $98,750, providing context for the relative tax burden on homeowners in this area.

Oklahoma has no statewide property tax cap; your home will be assessed at purchase price and subject to annual revaluation by the Grant County Assessor. Seniors 65+ and disabled homeowners qualify for a Homestead Exemption reducing assessed value — apply with the Grant County Assessor's office to claim this exemption and lower your annual tax burden. Contact the Grant County Assessor within 60 days of closing to file your exemption application and obtain your formal assessment notice.