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Updated 2025 Tax Year

Lincoln County
Property Tax Guide

Everything you need to know about property taxes in Lincoln 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
0.01% base rate plus varying district rates depending on location within Lincoln County
Exemptions
5+ Available
Section 1

How Property Tax Works

Lincoln County, Oklahoma operates on a property tax system that serves as the primary funding mechanism for essential local services including public schools, county operations, emergency services, and infrastructure maintenance. Property taxes in Lincoln County are administered by the County Assessor's office and collected by the County Treasurer, with tax bills typically issued annually based on the assessed value of real estate and personal property as of January 1st each year.

The effective property tax rates in Lincoln County vary significantly depending on your specific location within the county due to overlapping special taxing districts such as school districts, fire districts, and municipal service areas. Based on current data, the county-wide base rate is approximately 0.01% for the 2025 tax year (effective January 2026), though total effective rates including all applicable districts typically range from 0.8% to 1.2% of assessed value. Property owners should note that Oklahoma assesses property at approximately 11-13.5% of fair market value for residential properties, which significantly impacts the final tax calculation.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General0.01%Basic county operations and services
School DistrictsVariesK-12 education funding (rates vary by district)
Career TechVariesVocational and technical education programs
Fire DistrictsVariesFire protection and emergency services
Municipal BondsVariesInfrastructure and capital improvement projects
Special AssessmentsVariesDrainage, road districts, and other local improvements

Rates shown are for FY 2025-2026 levy year. Total effective rates typically range from 0.8% to 1.2% of assessed value depending on your specific location and applicable special taxing districts within Lincoln County. Contact the Lincoln County Assessor at (405) 258-1264 for your exact millage rate based on your property's location.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Lincoln 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 Lincoln County are additional property tax assessments that occur when there are mid-year changes to property ownership, value, or use that weren't captured in the regular annual assessment. The most common triggers include new construction completion, property transfers that remove existing exemptions, rezoning that increases property value, or corrections to assessment errors discovered after the regular tax roll is finalized.

Supplemental taxes are calculated by applying the current year's tax rate to the difference between the new assessed value and the previous assessed value, prorated for the portion of the tax year remaining. For example, if a new home addition valued at $50,000 is completed in March (9 months remaining in the tax year), and your total effective tax rate is 1.0%, the supplemental tax would be approximately $375 ($50,000 × 0.011 × 0.75). These supplemental bills are issued separately from regular tax statements and typically have their own due dates, usually 30-60 days from the date of issuance.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (11.5%): $34,500
  • Less: Homestead Credit (if applied): -$5,000
  • Net Taxable Value: $29,500
  • Annual Tax (1.0% rate): $295
  • Monthly Escrow: $25

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (11.5%): $69,000
  • Less: Homestead Credit (if applied): -$5,000
  • Net Taxable Value: $64,000
  • Annual Tax (1.0% rate): $640
  • Monthly Escrow: $53

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (12%): $120,000
  • Less: Homestead Credit (if applied): -$5,000
  • Net Taxable Value: $115,000
  • Annual Tax (1.0% rate): $1,150
  • Monthly Escrow: $96

Note: Homestead credits require annual application and are not automatically applied. Actual rates vary by location within Lincoln County based on applicable special districts.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lincoln County require property tax escrow accounts for borrowers with less than 20% equity, where monthly mortgage payments include a portion designated for property taxes. Lenders typically collect 1/12th of the estimated annual property tax bill each month, depositing these funds into an escrow account that earns interest for the borrower. The lender then pays the property tax bills directly to Lincoln County when they become due.

Property owners should verify their escrow payments annually when tax bills are issued, as changes in assessed values or tax rates may require escrow payment adjustments. If your actual tax bill differs significantly from the escrowed amount, lenders will either issue a refund or require additional payments to cover shortfalls. Oklahoma law requires lenders to provide detailed escrow account statements annually and limits the maximum escrow balance to no more than 2 months of estimated payments as a cushion for potential increases.

How HonestCasa Helps
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Section 6

Frequently Asked Questions

Q: When are property taxes due in Lincoln County for the current fiscal year? A: For FY 2025-2026, real estate and personal property taxes are due by September 1st, 2026. The first half payment is due by May 1st, 2026, with the second half due by September 1st. Late payments incur penalties after January 5th, 2027.

Q: What homestead credit is available and how do I apply? A: Oklahoma offers a homestead credit that reduces your taxable assessed value by up to $5,000 for your primary residence. This credit requires annual application by March 15th with the Lincoln County Assessor. The credit limits future assessment increases rather than reducing market value.

Q: Are there other tax credits I can apply for? A: Yes, additional credits may be available for seniors (65+), disabled veterans, disabled persons, and low-income households. All credits require separate applications and must be filed by March 15th annually. Contact the Lincoln County Assessor at (405) 258-1264 for specific eligibility requirements.

Q: How often are properties reassessed? A: Lincoln County conducts mass reappraisals on a cyclical basis, typically every 4-6 years, with annual updates for market changes. Individual properties may be reassessed when permits are issued, ownership changes occur, or appeals are filed.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Lincoln County Board of Equalization by April 1st following the assessment. You can file informal appeals first with the County Assessor's office before proceeding to the formal board hearing process.

Q: What are the penalties for late payment? A: Late payments incur interest charges of 1% per month after the due date. Additional penalties may apply for payments made after January 5th of the following year, and properties with delinquent taxes for multiple years may face tax lien proceedings.

Q: Can I pay my property taxes online? A: Yes, Lincoln County offers online payment options through the County Treasurer's website. Credit card payments may incur convenience fees, while electronic check payments typically have lower or no fees.

Q: Why do property tax rates vary within Lincoln County? A: Tax rates vary based on the special taxing districts that serve your property, including school districts, fire protection districts, career technology centers, and municipal service areas. Each district sets its own millage rate based on local funding needs and voter-approved bond issues.

Verified Sources

Backed by 10 Official Government Sources

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

01
State
2025/26 Property Tax Statements, Values and Leviesco.lincoln.or.us
02
County
Lincoln County Property Tax Administration Review Follow ...dor.wa.gov
03
County
Lincoln County Commissionerslincolncountyne.gov
04
County
Personal Property | Lincoln County, ORco.lincoln.or.us
05
County
Lincoln County Collector Tax Sale Informationlincolncomo.gov
06
Treasurerlincolncountyne.gov
07
2026-2027 Form 921 Application for Homestead Exemptionoklahoma.gov
08
Tax Doc
Standridge Champions Bills to Lower Property Taxesoksenate.gov
09
Tax Doc
Ford Works to Increase Homestead Tax Exemptionokhouse.gov
10
gas_09122006.xmltreasurydirect.gov
All sources verified as of 2025 Tax Year

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