74832 Property Tax Rate

Property owners in ZIP code 74832 (Carney, Oklahoma) pay a median of $576/year in property taxes on homes valued at $101,000. This translates to an effective tax rate of 0.57%, which is 14% below the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74832 is approximately $48, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County. This is $416 less than the Oklahoma average of $992/year.

Compared to similar ZIP codes in Oklahoma, 74832 has higher property taxes. ZIP codes with similar effective rates include 73758 (0.57%) and 73040 (0.57%).

In Carney, property taxes represent approximately 1.0% of the median household income of $56,667, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 74832, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Lincoln County's tax assessor directly.