StateRates

Murray County, Oklahoma property tax

The median homeowner in Murray County, Oklahoma pays $665 a year in property tax on a home worth $154,900, an effective rate of 0.43%. The national effective rate is 0.98%.

Effective rate 0.43% #67 of 70 in Oklahoma
Median tax bill $665 per year
Median home value $154,900 owner-occupied
Median income $61,904 household

What the rate means here

At 0.43%, Murray County taxes property more lightly than the national 0.98%. With a median home at $154,900, that produces a bill of $665. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #67 of 70 Oklahoma counties by effective rate, against a statewide 0.82%, and #2,604 nationally. The state runs from 1.03% in Cleveland County down to 0.40% in McCurtain County.

The median home costs 2.5 times the median household income of $61,904, against 3.86 nationally, which is a comfortable ratio by American standards. 71.67% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 13,807 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,075 per year at 0.43%
$400,000 home $1,720 per year at 0.43%
$600,000 home $2,580 per year at 0.43%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Murray County, Oklahoma against Oklahoma and the country
Murray County Oklahoma United States
Effective property tax 0.43% 0.82% 0.98%
Median tax bill $665 $1,520 $2,969
Median home value $154,900 $185,900 $303,400
Median gross rent $859 $980 $1,348
Median household income $61,904 $63,603 $78,538
Home price to income 2.5× 2.92× 3.86×
Rent as share of income 16.65% 18.49% 20.6%
Owner-occupied 71.67% 65.8% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 13,807.

Nearby counties of similar size

Other Oklahoma counties
County Rate Median bill Home value
Hughes County 0.61% $580 $94,900
Craig County 0.58% $775 $132,900
Atoka County 0.56% $767 $138,000
Choctaw County 0.42% $502 $119,700
Kingfisher County 0.55% $1,139 $206,400

Murray County property tax: common questions

What is the property tax rate in Murray County, Oklahoma?

The effective rate is 0.43% of home value, from a median tax bill of $665 against a median home value of $154,900. That is 0.55 points below the national 0.98%.

How much is property tax on a $400,000 home in Murray County?

Roughly $1,720 a year at the county effective rate of 0.43%.

Is Murray County expensive compared with the rest of Oklahoma?

It ranks #67 of 70 Oklahoma counties by effective property tax rate, and #2604 of 2,826 nationally. That is 0.39 points below the Oklahoma average of 0.82%.

What does housing cost in Murray County?

The median home is worth $154,900 and median gross rent is $859 a month. Median household income is $61,904, which puts the home at 2.5 times annual income and rent at 16.65% of it.