74764 Property Tax Rate

Property owners in ZIP code 74764 (Valliant, Oklahoma) pay a median of $425/year in property taxes on homes valued at $123,300. This translates to an effective tax rate of 0.34%, which is 48% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74764 is approximately $35, which factors into escrow payments on mortgages. This ZIP code is located within McCurtain County. This is $567 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74764 has lower property taxes. ZIP codes with similar effective rates include 74756 (0.35%) and 73440 (0.35%).

In Valliant, property taxes represent approximately 0.8% of the median household income of $53,454, providing context for the relative tax burden on homeowners in this area.

Oklahoma property taxes are based on assessed value set by the county assessor, with no state-mandated reassessment cap at sale — your tax bill may increase significantly if the prior owner's assessment was outdated. McCurtain County offers a Homestead Exemption ($1,000 off assessed value for owner-occupied primary residences) and an exemption for seniors 65+ and disabled persons — file with the McCurtain County Assessor's office to claim it. Contact the McCurtain County Assessor immediately after purchase to ensure your homestead exemption is applied and to verify the assessed value used on your first tax bill.