County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Craig County, Oklahoma

Craig County has an effective property tax rate of 0.55%. On the median home value of $150,500, that's roughly $823 per year. Median household income is $51,922.

Effective Property Tax Rate1
0.55%
median tax $823 ÷ median home $150,500
Median Home Value1
$150,500
owner-occupied
Median Household Income1
$51,922
per-capita $26,491
Est. Annual Tax on Median Home1
$823
at 0.55% effective rate

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.

MetricCraig CountyOklahoma (state context)
Effective property tax rate10.55%0.63%
Median home value1$150,500
State income tax3top rate 4.75%top rate 4.75%
State sales tax39.06% combined9.06% 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 Craig County, OK

Craig County, Oklahoma, carries an effective property tax rate of 0.547%, which sits below the statewide median of 0.627% and well under the national figure of 0.794%. Among Oklahoma's 77 counties, it ranks 58th by rate — meaning most counties in the state levy more. A home valued at the median $150,500 generates an annual real-estate tax bill of about $823, a figure shaped by that lower rate. Households here earn a median of $51,922, with per-capita income at $26,491. Vinita, the largest of the county's principal towns, along with Big Cabin and Bluejacket, falls under this same taxing structure. What this signals is a county where property taxes take a smaller share of value than in much of Oklahoma and the broader country, though incomes here also trail many places, so the tax bill should be read alongside earning levels rather than on its own.

Frequently asked questions

What is the property tax rate in Craig County, OK?
The effective rate is 0.55% — meaning the median tax bill equals about 0.55% of the median home value.
How much are property taxes on a median home?
On the median home ($150,500), the estimated annual bill is about $823.
Is Craig County's rate high or low?
Compare it to the state median of 0.63% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Craig County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Craig County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.