74954 Property Tax Rate

Property owners in ZIP code 74954 (Roland, Oklahoma) pay a median of $1,139/year in property taxes on homes valued at $142,900. This translates to an effective tax rate of 0.80%, which is 20% above the Oklahoma state average of 0.66%.

The monthly property tax burden for a median-valued home in 74954 is approximately $95, which factors into escrow payments on mortgages. This ZIP code is located within Sequoyah County.

Compared to similar ZIP codes in Oklahoma, 74954 has lower property taxes. ZIP codes with similar effective rates include 74106 (0.80%) and 74126 (0.80%).

In Roland, property taxes represent approximately 2.0% of the median household income of $56,333, 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 fair market value at purchase or during Sequoyah County's general reappraisal. Sequoyah County offers a Homestead Exemption for primary residences that lowers your assessed value; submit your application to the Sequoyah County Assessor. Contact the Sequoyah County Assessor's office immediately after closing to file your homestead exemption and request documentation of the exemption amount.