How Property Tax Works
Tulsa County, Oklahoma operates a property tax system that serves as a primary funding source for essential local services including schools, public safety, infrastructure maintenance, and county operations. Property owners in Tulsa County are subject to an effective tax rate of approximately 0.367% (or 3.67 mills) based on the assessed value of their property. This rate applies countywide, including incorporated cities like Tulsa, Broken Arrow, and other municipalities within the county boundaries.
The Oklahoma property tax system assesses real property at its fair cash value, with taxes calculated on this assessed amount after applicable exemptions. Tulsa County benefits from Oklahoma's generous homestead exemption, which provides unlimited value protection for qualifying owner-occupied residences, making it one of the most homeowner-friendly states in the nation. Property taxes are collected in two installments annually, with proceeds distributed to fund county government, school districts, municipalities, and various special districts throughout Tulsa County.