Property Tax & Income in Kay County, Oklahoma
Kay County has an effective property tax rate of 0.66%. On the median home value of $124,700, that's roughly $821 per year. Median household income is $58,423.
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 | Kay County | Oklahoma (state context) |
|---|---|---|
| Effective property tax rate1 | 0.66% | 0.63% |
| Median home value1 | $124,700 | — |
| 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 Kay County, OK
Kay County’s effective property tax rate of 0.658% lands slightly above Oklahoma’s statewide median of 0.627%, placing it 29th among the state’s 77 counties. On a median home value of $124,700, that rate yields an annual tax bill of about $821. Compared with the national median of 0.794%, however, the county sits comfortably below the typical American rate, so homeowners here face a lighter load than many elsewhere in the country even though they pay a bit more than the average Oklahoman. With a median household income of $58,423 and per-capita income of $31,071, the tax bill amounts to a fairly contained share of yearly earnings. Ponca City, the county’s largest community, anchors a region where property taxes run close to the state norm but well under the national figure.