Property Tax & Income in Latimer County, Oklahoma
Latimer County has an effective property tax rate of 0.53%. On the median home value of $107,900, that's roughly $567 per year. Median household income is $41,405.
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 | Latimer County | Oklahoma (state context) |
|---|---|---|
| Effective property tax rate1 | 0.53% | 0.63% |
| Median home value1 | $107,900 | — |
| 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 Latimer County, OK
In Latimer County, Oklahoma, homes carry a median value of $107,900, and the annual property tax bill on such a home comes to about $567. That works out to an effective rate of 0.525%, which sits below Oklahoma's statewide median of 0.627% and well under the national figure of 0.794%. Among the state's 77 counties, this one ranks 63rd for property tax rate. Households here earn a median of $41,405, with per-capita income at $24,735, so housing costs stay within reach of local wages. Wilburton, the county seat, along with Red Oak and Talihina, anchor a rural area where buyers can expect both low purchase prices and a comparatively light annual tax obligation.