December 11, 2006
Oklahoma State's property taxes among lowest in the nation
The two studies by the nonpartisan Tax Foundation of Washington D-C definitively show Oklahoma’s property taxes to be the lowest in the United States.
These pair of national reports shows Oklahoma’s property taxes ranks among the lowest in the nation. One report ranked Oklahoma 47th among the 50 states for both property taxes per capita and as a percentage of income in 2004.
The state's median property tax for owner-occupied housing rates Oklahoma as 45th and 42nd in property taxes as a percentage of median household income was the summation found in the other.
However, when property taxes were calculated as a share of median home value Oklahoma rose 31st position.
Filed under Blog, Oklahoma by George Bolton
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