Land Market Insights and Pricing in Oklahoma

Oklahoma's geography spans ancient mountain ranges, prairies, mesas, and eastern forests, with four primary mountain ranges: the Ouachita, Arbuckle, Wichita, and Ozark Mountains. The state features over 500 named creeks and rivers, along with 200 lakes created by dams, giving it the highest number of artificial reservoirs in the nation. Oklahoma's income tax structure is favorable, with a low starting rate of 0.25% for the first $1,000 of taxable income, gradually increasing to a maximum of 4.75% for income over $7,200. This top rate is lower than many neighboring states, including Kansas (5.7%) and Arkansas (5.5%). Property taxes are also competitive, with an effective rate of 0.82%, ranking 26th out of 50 states and lower than Texas (1.58%) and Kansas (1.30%). For those seeking ranch properties, Le Flore County offers an attractive option with a median household price of $121,600, situated among the scenic Ouachita Mountains and multiple rivers. Hunters may find Le Flore County particularly appealing, with its Ouachita National Forest and Winding Stair Mountain National Recreation Area providing ample wildlife habitats. Oklahoma's agricultural sector is robust, ranking 2nd nationally in hay production with over 3.3 million acres harvested, contributing $615 million to the economy. The state's economic prospects are promising, bolstered by its strong agricultural output and potential for eco-tourism development in areas like Le Flore County.