Delaware vs Oklahoma
Property‑Tax Comparison: Delaware vs. Oklahoma
Overview
Both Delaware and Oklahoma levy property taxes that are used to fund local services such as schools, roads, and public safety. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Delaware’s effective property‑tax rate is lower than Oklahoma’s, resulting in lower annual taxes for comparable home values.
Side‑by‑Side Metrics
| Metric | Delaware | Oklahoma |
|---|---|---|
| Effective property‑tax rate | 0.53 % | 0.82 % |
| Median home value | $326,800 | $185,900 |
| Median annual property tax | $1,731 | $1,520 |
| Property tax on a $250,000 home | $1,324 | $2,044 |
| Property tax on a $500,000 home | $2,649 | $4,088 |
| Median household income | $82,855 | $63,603 |
Sources: According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).
Which State “Wins” on Property Taxes?
Winner (lower tax rate): Delaware
- Effective tax‑rate advantage: 0.29 % lower (Delaware 0.53 % vs. Oklahoma 0.82 %). This represents a 35.21 % relative reduction.
- Annual tax difference for a $250 k home: $720 less in Delaware ($1,324 vs. $2,044).
- Annual tax difference for a $500 k home: $1,439 less in Delaware ($2,649 vs. $4,088).
Because the effective tax rate is the primary driver of property‑tax liability, Delaware consistently yields lower annual taxes across the home‑value spectrum presented.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of the Comparison |
|---|---|
| Current homeowners | Understanding how their annual tax bill could change if they move between the two states. |
| Prospective homebuyers | Evaluating long‑term cost of home ownership, especially when comparing similar‑priced properties. |
| Retirees | Assessing overall affordability, as lower property taxes can affect fixed‑income budgets. |
| Real‑estate investors | Gauging tax‑related operating costs that influence net return on investment. |
| Policy analysts | Using the data to examine how tax structures differ across states. |
The comparison is most useful for individuals or entities that consider property‑tax expense a significant factor in housing decisions.
Further Reading
- Detailed information on Delaware’s property‑tax system: Delaware property tax
- Detailed information on Oklahoma’s property‑tax system: Oklahoma property tax
All figures are based on the most recent ACS estimates and reflect median values and rates as reported by the U.S. Census Bureau.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.