Property Tax & Income in Canadian County, Oklahoma
Canadian County has an effective property tax rate of 0.97%. On the median home value of $246,200, that's roughly $2,394 per year. Median household income is $87,751.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Canadian County | Oklahoma (state context) |
|---|---|---|
| Effective property tax rate1 | 0.97% | 0.63% |
| Median home value1 | $246,200 | — |
| State income tax3 | top rate 4.75% | top rate 4.75% |
| State sales tax3 | 9.06% combined | 9.06% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Canadian County, OK
Buying a home in Canadian County, Oklahoma — home to Oklahoma City and smaller communities like Calumet and Concho — means weighing a higher tax rate against lower prices. The county's effective property tax rate of 0.972% sits above Oklahoma's statewide median of 0.627% and also tops the national figure of 0.794%, ranking it second among the state's 77 counties. That rate applied to a median home value of $246,200 yields an annual tax bill of about $2,394. Against a median household income of $87,751, that bill amounts to roughly 2.7% of yearly earnings. Per-capita income here is $38,908. So while homeowners pay a steeper rate than most Oklahomans, the moderate home values and strong household earnings help keep the overall cost of ownership within reach.