Property Tax & Income in Woodward County, Oklahoma
Woodward County has an effective property tax rate of 0.58%. On the median home value of $169,000, that's roughly $973 per year. Median household income is $61,417.
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 | Woodward County | Oklahoma (state context) |
|---|---|---|
| Effective property tax rate1 | 0.58% | 0.63% |
| Median home value1 | $169,000 | — |
| 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 Woodward County, OK
Buying a home in Woodward County, Oklahoma, comes with a relatively affordable price tag: the median home value sits at $169,000, and the annual real-estate tax bill on that home runs about $973. That works out to an effective rate of 0.576%, which is lower than Oklahoma's statewide median of 0.627% and well under the national median of 0.794%. Among the state's 77 counties, this one ranks 49th for property tax rate. Households here earn a median of $61,417, with per-capita income at $34,595. Sharon is the principal town in the county. For a buyer weighing where to settle, the combination of below-average home prices and a below-average tax rate means yearly housing costs stay comparatively contained.