HonestCasa logoHonestCasa
All Tax Guides
Updated 2025 Tax Year

Craig County
Property Tax Guide

Everything you need to know about property taxes in Craig County, OK. Rates, due dates, exemptions, and how it affects your monthly payment.

9 Official Sources
8 min read
Calculate Your True CostMortgage Calculator
Quick Facts
Tax Rate
1% to 1.5% of assessed value (varies by tax district combination)
Exemptions
4+ Available
Section 1

How Property Tax Works

Craig County's property tax system serves as the primary funding mechanism for essential local services including public schools, county government operations, emergency services, and infrastructure maintenance. Located in northeastern Oklahoma, Craig County levies property taxes on real estate and personal property based on assessed values determined by the County Assessor's office.

Property tax rates in Craig County vary by location within the county due to different combinations of special taxing districts, including school districts, fire districts, and other local assessment areas. The effective tax rate typically ranges from approximately 1% to 1.5% of assessed value, depending on your specific tax district combination. All property owners receive tax bills twice yearly, with payments due June 5th and December 5th. The County Assessor maintains permanent records of all taxable and tax-exempt properties within Craig County boundaries.

Section 2

What Makes Up Your Tax Bill

2025 Tax Year Rates (Craig County)

ComponentRate per $100Description
Personal Property Tax$3.50Base county rate for personal property (2025)
School District LevyVariesDepends on specific school district
Fire District AssessmentVariesApplied in designated fire protection areas
Emergency Medical ServiceVariesCounty-wide emergency services funding
Road District LevyVariesLocal road maintenance and improvement

Note: Real property tax rates vary significantly by location within Craig County based on your specific combination of school district, fire district, and other special taxing jurisdictions. Contact the Craig County Assessor's office for your exact millage rate based on your property's tax district classifications.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Craig County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Craig County are additional property tax assessments that occur when property ownership changes or new construction is completed during the tax year. These supplemental bills ensure that property taxes are properly assessed based on current ownership and property improvements, rather than waiting until the next regular assessment cycle.

Common triggers for supplemental taxes include: property sales that result in reassessment to current market value, completion of new construction projects, additions to existing structures, or correction of assessment errors. The supplemental tax amount is calculated as the difference between the new assessed value and the previous assessed value, multiplied by the applicable tax rate, and prorated for the remaining portion of the tax year. For example, if a property sale in Craig County results in an assessed value increase from $150,000 to $200,000 in January, the supplemental tax would be calculated on the $50,000 difference for the full remaining tax year at your district's applicable rate.

Example Calculation

Example 1: $300,000 Property Value

  • Assessed Value: $300,000 × 11.5% = $34,500
  • Less: Homestead Credit (if applicable): -$1,000
  • Net Taxable Value: $33,500
  • Annual Tax: $33,500 × 0.035 = $1,172.50
  • Monthly Escrow: $97.71

Example 2: $600,000 Property Value

  • Assessed Value: $600,000 × 11.5% = $69,000
  • Less: Homestead Credit (if applicable): -$1,000
  • Net Taxable Value: $68,000
  • Annual Tax: $68,000 × 0.035 = $2,380.00
  • Monthly Escrow: $198.33

Example 3: $1,000,000 Property Value

  • Assessed Value: $1,000,000 × 11.5% = $115,000
  • Less: Homestead Credit (if applicable): -$1,000
  • Net Taxable Value: $114,000
  • Annual Tax: $114,000 × 0.035 = $3,990.00
  • Monthly Escrow: $332.50

Note: These calculations use estimated rates for illustration. Actual rates vary by tax district. Credits require separate applications and are not automatic.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Craig County require property tax escrow accounts for borrowers with less than 20% down payment or upon borrower request. Your lender collects monthly escrow payments equal to approximately 1/12th of your annual property tax bill, plus insurance premiums. These funds are held in a separate escrow account and used to pay your property taxes when due in June and December.

Lenders typically pay Craig County property taxes a few days before the June 5th and December 5th due dates to ensure timely payment and avoid penalties. You should receive an annual escrow statement from your lender showing all deposits, payments, and account balances. It's important to verify that your lender has paid the correct amounts by checking with the Craig County Treasurer's office or reviewing your tax receipts. If you pay taxes directly without escrow, you're responsible for making payments by the due dates to avoid penalty and interest charges.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Craig County for 2025? A: Property taxes are due June 5th and December 5th. Tax bills are mailed the last week of April and first week of October.

Q: What homestead tax credit is available and how do I apply? A: Oklahoma offers a homestead exemption that must be applied for through the Craig County Assessor's office. This exemption limits annual assessment increases rather than providing a flat reduction. Applications must be filed by March 15th for the following tax year.

Q: Are there tax credits for seniors or disabled veterans? A: Yes, Oklahoma provides various tax credits for qualifying seniors (65+) and disabled veterans. These require separate applications with the County Assessor and have specific qualification requirements and deadlines.

Q: How often are properties reassessed in Craig County? A: Oklahoma law requires periodic reassessment, but specific schedules vary. Contact the Craig County Assessor's office for current reassessment cycles and to verify your property's assessed value.

Q: What happens if I pay my property taxes late? A: Late payments incur penalty and interest charges. Penalties typically begin accruing after the June 5th and December 5th due dates.

Q: Can I pay my Craig County property taxes online? A: Contact the Craig County Treasurer's office directly to inquire about online payment options and accepted payment methods.

Q: How do I appeal my property assessment? A: Property assessment appeals must be filed with the Craig County Board of Equalization within the specified appeal period. Contact the County Assessor's office for current appeal deadlines and procedures.

Q: Do special district taxes apply to my property? A: Special district taxes (fire, school, road districts) vary by location within Craig County. Your tax bill will show all applicable district assessments based on your property's specific location and district boundaries.

Verified Sources

Backed by 9 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
State
Real Estate & Personal Property Taxescraigcountyva.gov
02
Tax Doc
Sales Tax News Release January 2026 - Oklahoma.govoklahoma.gov
03
State
Property Tax Statement Guide 2025clackamas.us
04
2026-2027 Form 921 Application for Homestead Exemptionoklahoma.gov
05
County
CRAIG COUNTY - OK State Auditorsai.ok.gov
06
State
Overview of State Issuesoksenate.gov
07
OKReady - Oklahoma Insurance Departmentoid.ok.gov
08
Direct PO Report - Oklahoma.govoklahoma.gov
09
County
minutes 11.10.14 - Ottawa Countyottawaok.gov
All sources verified as of 2025 Tax Year

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Run Your ScenarioTry Calculator

Free • No credit check • 2-minute estimate