74701 Property Tax Rate

Property owners in ZIP code 74701 (Durant, Oklahoma) pay a median of $1,191/year in property taxes on homes valued at $188,100. This translates to an effective tax rate of 0.63%, which is 4% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74701 is approximately $99, which factors into escrow payments on mortgages. This ZIP code is located within Bryan County.

Compared to similar ZIP codes in Oklahoma, 74701 has higher property taxes. ZIP codes with similar effective rates include 73772 (0.63%) and 74338 (0.63%).

In Durant, property taxes represent approximately 2.2% of the median household income of $54,576, providing context for the relative tax burden on homeowners in this area.

Bryan County assessments are based on fair market value with no purchase-price freeze — expect the Bryan County Assessor to value your home annually at current market rates. Apply for the Homestead Exemption or Senior Exemption with the Bryan County Assessor to reduce your taxable base. File exemption paperwork immediately after closing and request a property tax statement to understand your annual liability.