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Updated 2025 Tax Year

Kay County
Property Tax Guide

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

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Approximately 1% of assessed value (varies significantly by taxing district and municipality within Kay County)
1st Due
Oct 1
Exemptions
4+ Available
Section 1

How Property Tax Works

Kay County, Oklahoma operates under the state's property tax system, with taxes levied annually on October 1st based on assessed values as of January 1st of the same year. Property taxes fund essential county services including schools, roads, law enforcement, fire protection, and other municipal services. The county follows Oklahoma's standard assessment practices with real and personal property valued at fair market value.

Property tax rates in Kay County vary significantly by location within the county due to special taxing districts including school districts, municipal levies, and special assessment districts. The effective tax rate typically ranges around Oklahoma's state average of approximately 1% of assessed value, though individual properties may experience higher or lower rates depending on their specific taxing district combination. Property owners should verify their exact rate based on their property's location and applicable local assessments.

Section 2

What Makes Up Your Tax Bill

ComponentRate RangeDescription
County GeneralVariesBasic county operations and services
School DistrictsVaries by DistrictLocal school funding and operations
Municipal LeviesVaries by CityCity services (if within city limits)
Special AssessmentsVariesBonds, special districts, improvements
Total Effective Rate~1.0%Combined rate varies by property location

Note: 2025 property tax rates are not yet finalized. The table above reflects general rate structures. Actual rates for FY 2025-2026 will be determined by individual taxing districts within Kay County. Property owners should contact the Kay County Assessor's Office for specific rates applicable to their property location and taxing district combination.

Section 3

When Are Property Taxes Due?

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

First Installment
Oct 1
Delinquent after Dec 10
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 Kay County are triggered by changes in property ownership or improvements made during the tax year. When property changes hands or new construction is completed after the January 1st assessment date, a supplemental assessment may be issued to account for the change in value or ownership during the current tax year.

For example, if a property sells in June for significantly more than its January 1st assessed value, or if a home addition is completed mid-year, the county may issue a supplemental tax bill to capture the additional tax liability for the remaining months of the tax year. The supplemental amount is calculated by prorating the additional tax based on the number of months remaining in the tax year after the triggering event occurred.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applied): Varies
  • Net Taxable Value: ~$300,000
  • Annual Tax (at ~1.0%): ~$3,000
  • Monthly Escrow: ~$250

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Homestead Credit (if applied): Varies
  • Net Taxable Value: ~$600,000
  • Annual Tax (at ~1.0%): ~$6,000
  • Monthly Escrow: ~$500

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Homestead Credit (if applied): Varies
  • Net Taxable Value: ~$1,000,000
  • Annual Tax (at ~1.0%): ~$10,000
  • Monthly Escrow: ~$833

Note: These examples use estimated rates. Actual tax credits require application and vary by qualification. Contact the Kay County Assessor for specific credit amounts and current tax rates for your property's taxing district.

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Section 5

Escrow & Property Taxes

Most mortgage lenders require property tax payments to be collected monthly through an escrow account. Your lender estimates annual property taxes and divides the amount by 12, collecting this amount with your monthly mortgage payment. The lender then pays your property taxes directly to Kay County when they become due on October 1st.

Lenders typically review escrow accounts annually and may adjust monthly payments based on actual tax bills and account balances. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment may increase accordingly. Property owners should verify that their lender has paid taxes on time and maintain copies of all tax bills and payment confirmations for their records.

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 Kay County property taxes due? A: Property taxes are due October 1st each year for the current tax year, based on assessed values as of January 1st.

Q: What tax credits are available and how do I apply? A: The primary credit is the Homestead Exemption, which must be applied for by March 15th annually. Contact the Kay County Assessor's Office for applications and other available credits. Credits are NOT automatic and require separate applications.

Q: How does the Homestead credit work? A: The Homestead credit limits annual assessment increases on your primary residence, not the market value itself. You must file an application by March 15th. If you file after March 15th, the credit begins the following tax year.

Q: What happens if I lose my Homestead credit? A: If canceled, you'll be notified by January 1st of the following year and must re-apply by March 15th to reinstate the credit.

Q: When are properties assessed? A: Property assessments are based on values as of January 1st each year, with taxes levied the following October 1st.

Q: How do I appeal my assessment? A: Contact the Kay County Assessor's Office for the appeals process and deadlines following your assessment notice.

Q: What are the penalties for late payment? A: Contact the Kay County Treasurer's Office for current penalty rates and payment options for delinquent taxes.

Q: Can I pay my property taxes online? A: Check with the Kay County Treasurer's Office for available online payment options and accepted payment methods.

Q: Why do tax rates vary within Kay County? A: Rates vary based on special taxing districts including school districts, municipal boundaries, and special assessment districts that apply to your specific property location.

Q: Where can I get specific information for my property? A: Contact the Kay County Assessor's Office for assessment questions and the Kay County Treasurer's Office for payment and rate information specific to your property's taxing districts.

Verified Sources

Backed by 10 Official Government Sources

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

01
County
BOCC Agenda - Kay Countycourthouse.kay.ok.us
02
State
HOME_IncomeLmts_State_OK_...huduser.gov
03
Tax Doc
Sales Tax News Release January 2026 - Oklahoma.govoklahoma.gov
04
County
Kay County - Oklahoma Digital Prairiedigitalprairie.ok.gov
05
County
News Flash • Kay County, OK • CivicEngage - Kay County Courthousecourthouse.kay.ok.us
06
2026-2027 Form 921 Application for Homestead Exemptionoklahoma.gov
07
County
Monday, February 10, 2025 Newkirk, Oklahoma - Kay Countycourthouse.kay.ok.us
08
State
Overview of State Issuesoksenate.gov
09
County
KAY COUNTY - Oklahoma Digital Prairiedigitalprairie.ok.gov
10
Oklahoma.gov Homeoklahoma.gov
All sources verified as of 2025 Tax Year

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