![]() ![]() The median real estate tax payment in Johnson County is $3,018, one of the highest in the state. With a population of more than 585,000, Johnson County is the largest county in Kansas. ![]() Looking to calculate your potential monthly mortgage payment? Check out our mortgage calculator. The table below shows median annual tax payments, median home value and effective property tax rates for every county in Kansas. ![]() For that purpose, it's useful to look at effective property tax rates, which are median annual tax payments as a percentage of median home value. There is a 20 mill statewide tax rate that is used to support education, but the first $20,000 in assessed value is exempt.īecause of the appraisal and assessment system in Kansas, it is difficult to compare rates between areas and other states. So, if your assessed value is $50,000 and you have a mill levy of 30, your real estate taxes will total $1,500. A mill levy is equal to $1 of taxes for every $1,000 in assessed value. Kansas tax rates are described in terms of mill levies. This means that assessed value, which is the value on which you pay taxes, is equal to 11.5% of your home’s appraised value. Kansas has a statewide assessment percentage of 11.5%. Your appraised value is the basis for your property taxes, but actual tax rates apply to a different number: assessed value. If you believe your home has been over-appraised, you can talk to your county appraiser or you can file an official appeal within 30 days. It’s a good idea to keep an eye out for your annual “notice of value,” which you should receive by March 1. This means appraisals aren’t always perfect. The rest of the time they appraise based on general market data. Your county appraiser will recalculate your appraised value each year by considering factors such as the sales prices of nearby homes and changes made to your property.Ĭounty appraisers are only required to visit every property in their county once every six years. The first is appraised value, which is equal to the market value of your home. When you get your Kansas property tax bill, you will see two important numbers. ![]() Financial advisors can also help with investing and financial plans, including taxes, homeownership, retirement and more, to make sure you are preparing for the future. If you're looking into buying a home in Kansas or are interested in refinancing a property there, check out our Kansas mortgage guide for important information about mortgage rates and the types of loans you’ll be considering when getting a home loan in the Sunflower State.Ī financial advisor in Kansas can help you understand how homeownership fits into your overall financial goals. However, rates can differ depending on where you live. The state’s average effective property tax rate (annual property taxes paid as a percentage of home value) is 1.37%. While the typical homeowner in Kansas pays just $2,235 annually in real estate taxes, property tax rates are fairly high. The revenue raised by property taxes in Kansas goes to city and county governments to pay for services such as fire protection, roads, parks and public schools. Kansas Property Taxes Photo credit: ©/PikeOnline ![]()
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