Kay County, Oklahoma property tax
The median homeowner in Kay County, Oklahoma pays $799 a year in property tax on a home worth $116,800, an effective rate of 0.68%. The national effective rate is 0.98%.
What the rate means here
At 0.68%, Kay County taxes property more lightly than the national 0.98%. The bill works out at $799 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.
It ranks #26 of 70 Oklahoma counties by effective rate, against a statewide 0.82%, and #1,831 nationally. The state runs from 1.03% in Cleveland County down to 0.40% in McCurtain County.
The median home costs 2.06 times the median household income of $56,673, against 3.86 nationally, which is a comfortable ratio by American standards. 67.73% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 43,731 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Kay County | Oklahoma | United States | |
|---|---|---|---|
| Effective property tax | 0.68% | 0.82% | 0.98% |
| Median tax bill | $799 | $1,520 | $2,969 |
| Median home value | $116,800 | $185,900 | $303,400 |
| Median gross rent | $830 | $980 | $1,348 |
| Median household income | $56,673 | $63,603 | $78,538 |
| Home price to income | 2.06× | 2.92× | 3.86× |
| Rent as share of income | 17.57% | 18.49% | 20.6% |
| Owner-occupied | 67.73% | 65.8% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 43,731.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| McClain County | 0.80% | $1,868 | $233,900 |
| Pittsburg County | 0.52% | $756 | $146,300 |
| Stephens County | 0.71% | $961 | $135,100 |
| Osage County | 0.73% | $1,253 | $172,300 |
| Delaware County | 0.59% | $971 | $164,900 |
Kay County property tax: common questions
What is the property tax rate in Kay County, Oklahoma?
The effective rate is 0.68% of home value, from a median tax bill of $799 against a median home value of $116,800. That is 0.3 points below the national 0.98%.
How much is property tax on a $400,000 home in Kay County?
Roughly $2,720 a year at the county effective rate of 0.68%.
Is Kay County expensive compared with the rest of Oklahoma?
It ranks #26 of 70 Oklahoma counties by effective property tax rate, and #1831 of 2,826 nationally. That is 0.14 points below the Oklahoma average of 0.82%.
What does housing cost in Kay County?
The median home is worth $116,800 and median gross rent is $830 a month. Median household income is $56,673, which puts the home at 2.06 times annual income and rent at 17.57% of it.