Property Tax & Income in Grant County, Oklahoma
Grant County has an effective property tax rate of 0.48%. On the median home value of $105,700, that's roughly $513 per year. Median household income is $60,758.
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 | Grant County | Oklahoma (state context) |
|---|---|---|
| Effective property tax rate1 | 0.48% | 0.63% |
| Median home value1 | $105,700 | — |
| 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 Grant County, OK
Grant County offers an affordable entry point for homebuyers in northern Oklahoma, with a median home value of $105,700. Property taxes here run at an effective rate of 0.485%, well under the statewide median of 0.627% and the national figure of 0.794%. That rate translates into a median annual real-estate tax bill of just $513. Households earning the median income of $60,758 can cover that tax easily, and per-capita income sits at $33,609. Among Oklahoma's 77 counties, Grant County ranks 68th by property tax rate, placing it near the bottom for tax cost. Buyers looking in Medford, the county seat, or smaller communities like Pond Creek and Wakita will find that low home prices and low taxes together keep the cost of owning a home here unusually gentle.