Cotton County, Oklahoma Property Taxes
Census Bureau ACS property tax data for Oklahoma. Population: 1,632.
The median annual property tax in Cotton County is $712, which is 26% lower than the Oklahoma state average and 63% below the national average. The effective tax rate is 0.63% on a median home value of $113,200. Property taxes represent 1.2% of the median household income in this county.
Median Annual Tax
$712
-26% vs State
-63% vs US
Median Home Value
$113,200
-20% vs State
-46% vs US
Effective Tax Rate
0.63%
-3% vs State
-34% vs US
With vs Without Mortgage
With Mortgage
$838
$70/mo
Without Mortgage
$609
$51/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $712 -0.7% | 0.63% |
| 2022 | $717 +2.0% | 0.68% |
| 2021 | $703 +2.0% | 0.75% |
| 2020 | $689 +5.4% | 0.91% |
| 2019 | $654 | 0.85% |
Tax Burden
Tax-to-Income Ratio
1.2%
of median household income
Median Income
$60,313
per year
Monthly Tax
$59
per month
Other Counties in Oklahoma
Atoka County
Tax: $767/yr Rate: 0.56%
McIntosh County
Tax: $797/yr Rate: 0.59%
Cimarron County
Tax: $386/yr Rate: 0.41%
Garfield County
Tax: $1,331/yr Rate: 0.89%
Marshall County
Tax: $824/yr Rate: 0.59%
Logan County
Tax: $1,787/yr Rate: 0.76%
Frequently Asked Questions
What is the average property tax in Cotton County, Oklahoma? ▼
The median annual property tax in Cotton County is $712 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.63% on a median home value of $113,200.
How does Cotton County property tax compare to the national average? ▼
Property taxes in Cotton County are 63% below the national average of $1,923. The effective rate of 0.63% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Cotton County? ▼
In Cotton County, homeowners with a mortgage pay a median of $838 in annual property taxes, while homeowners without a mortgage pay $609. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Cotton County? ▼
Property taxes in Cotton County represent approximately 1.2% of the median household income of $60,313. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.