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Updated 2025 Tax Year

Greer County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.8%-1.2% of market value (varies by taxing districts including school, fire, and municipal)
Exemptions
4+ Available
Section 1

How Property Tax Works

Greer County, Oklahoma operates under the state's property tax system, where property taxes serve as a primary funding source for local government services, school districts, and various special taxing districts. The county follows Oklahoma's standard assessment practices, typically assessing real property at approximately 11-13.5% of fair market value, depending on the property type and classification.

Property tax rates in Greer County vary by location within the county due to different combinations of special taxing districts, including school districts, fire districts, and other local service areas. While specific current rates for Greer County are not readily available, Oklahoma counties typically see effective tax rates ranging from 0.8% to 1.2% of market value. Property owners should note that their exact tax rate depends on their specific location within the county and which taxing districts serve their property.

The county follows Oklahoma's standard property tax calendar, with assessments typically conducted annually and tax bills issued based on January 1st valuations. All property tax credits and exemptions require formal application and are not automatically applied to property assessments.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County GeneralVariesBasic county operations and services
School DistrictVariesLocal school district operations and bonds
Technology CenterVariesCareer and technology education
Fire DistrictVariesFire protection services (where applicable)
Emergency MedicalVariesEmergency medical services
Special AssessmentsVariesLocal improvement districts, drainage, etc.

Note: Specific millage rates for the current levy year are not available in the research data. Property owners should contact the Greer County Assessor's office for current rates applicable to their specific location, as rates vary significantly based on which combination of special taxing districts serve each property.

Tax rates are expressed in mills (1 mill = $1 per $1,000 of assessed value) and are applied to the assessed value after any applicable tax credits are deducted.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Greer 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 Oklahoma are triggered by changes in property ownership, new construction, or improvements that increase a property's assessed value during the tax year. When these events occur, the county assessor calculates additional taxes based on the increased assessed value for the remaining portion of the tax year.

The supplemental tax is calculated by determining the difference between the new assessed value and the previous assessed value, applying the current tax rate to this difference, and prorating it for the number of months remaining in the tax year. For example, if a property undergoes $50,000 in improvements completed in July, and the assessed value increases by $6,500 (at 13% assessment ratio), the supplemental tax would be calculated on this $6,500 increase for the remaining 6 months of the tax year.

Supplemental tax bills are issued separately from regular property tax bills and typically have their own due dates. Property owners should budget for potential supplemental taxes when making significant property improvements or purchasing property mid-year.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (13%): $39,000
  • Less: Homestead Credit (if applicable): $1,000
  • Net Taxable Value: $38,000
  • Estimated Annual Tax (assuming 100 mills): $3,800
  • Monthly Escrow: $317

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (13%): $78,000
  • Less: Homestead Credit (if applicable): $1,000
  • Net Taxable Value: $77,000
  • Estimated Annual Tax (assuming 100 mills): $7,700
  • Monthly Escrow: $642

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (13%): $130,000
  • Less: Homestead Credit (if applicable): $1,000
  • Net Taxable Value: $129,000
  • Estimated Annual Tax (assuming 100 mills): $12,900
  • Monthly Escrow: $1,075

Note: These calculations use estimated rates for illustration. Actual rates vary by location within Greer County. All tax credits require formal application and are not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Greer County require property tax escrow accounts for borrowers with less than 20% down payment. The lender collects monthly property tax payments along with principal and interest, depositing these funds into an escrow account. Property taxes in Oklahoma are typically due in two installments: April 1st and September 1st, and lenders coordinate payments to meet these deadlines.

Lenders are required to provide annual escrow statements showing all deposits and payments, and they may adjust monthly escrow payments based on actual tax bills and account balances. Property owners should review their escrow statements carefully and notify their lender of any discrepancies. When property taxes increase due to reassessment or rate changes, lenders may require additional escrow payments or increase monthly collections.

Property owners without escrow accounts are responsible for making payments directly to the county treasurer by the specified due dates. Late payments typically incur penalties and interest charges, making timely payment essential for avoiding additional costs.

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 Greer County? A: Property taxes are typically due in two installments: April 1st and September 1st. Payments must be received by these dates to avoid penalties.

Q: What homestead tax credit is available and how do I apply? A: Oklahoma offers a homestead tax credit that caps annual assessment increases for qualifying owner-occupied residences. This credit requires application with the county assessor by March 15th and is not automatic. Contact the Greer County Assessor for current application forms.

Q: Are there tax credits for senior citizens or disabled veterans? A: Oklahoma provides various tax credits for seniors (65+) and disabled veterans. These are tax credits that reduce your tax bill and require formal application with supporting documentation. Application deadlines vary, so contact the county assessor's office promptly.

Q: How often is my property reassessed? A: Oklahoma counties typically conduct annual reassessments, with market values determined as of January 1st each year. The county assessor may also conduct interim assessments when properties change hands or undergo improvements.

Q: How do I appeal my property assessment? A: Property owners may appeal their assessment to the County Board of Equalization. Appeals must typically be filed by a specific deadline after assessment notices are mailed. Contact the Greer County Assessor for current appeal procedures and deadlines.

Q: What happens if I pay my property taxes late? A: Late property tax payments incur penalties and interest. Penalties typically begin accruing the day after the due date, and interest compounds over time. Prolonged non-payment can eventually lead to tax lien proceedings.

Q: Can I pay my property taxes online? A: Many Oklahoma counties offer online payment options. Contact the Greer County Treasurer's office to inquire about available electronic payment methods and any associated convenience fees.

Q: How do special district taxes affect my bill? A: Your property tax bill includes charges from all taxing districts serving your property, such as school districts, fire districts, and emergency services. The combination of districts varies by location within Greer County, which is why tax rates differ across the county.

Q: Do I need to reapply for tax credits annually? A: Most tax credits, once approved, remain in effect as long as you continue to qualify and occupy the property. However, some credits may require periodic renewal or notification of changes in circumstances. Check with the county assessor about specific requirements for each credit type.

Q: What documentation do I need to apply for a homestead credit? A: Homestead credit applications typically require proof of ownership, evidence of primary residence status, and a completed application form. Contact the Greer County Assessor for a complete list of required documentation and current application forms.

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