VeloCity September24 FBCover New2

ECONOMIC INDICATORS

GREATER OKLAHOMA CITY REGION PROPERTY TAX Median Property Tax Paid by County, 2022

• The average property tax payment in the Greater Oklahoma City region is $1,565, which is 13% lower than the national average ($1,815). • Comparatively, the average property tax payment in the Dallas-Fort Worth (DFW) area is $4,362, nearly three times higher than in the Oklahoma City region. • The state of Oklahoma ranks 25th lowest nationally with an effective property tax rate of 0.76% in 2022, which is 15 percentage points lower than it was in 2021.

$1,730 Payne County

$1,079 Kingfisher County

$1,670 Logan County

$785 Lincoln County

$2,157 Canadian County

$1,923 Oklahoma County

$2,202 Cleveland County

$982 Pottawatomie County

$1,300 Grady County

$1,824 McClain County

For comprehensive Economic Indicator and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com/economicindicators or contact Eric Long, Research Economist, at 405-297-8976; elong@okcchamber.com DID YOU KNOW? Get regional demographic data, consumer expenditure information, labor force data for the Greater Oklahoma City Region and more at greateroklahomacity.com.

13

Made with FlippingBook - professional solution for displaying marketing and sales documents online