Dundee, Kansas Property Taxes
The median property tax rate in Dundee, KS is 1.45%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Dundee at $14,470, the typical annual property tax bill amounts to $210, still below the national median of $2,690. Property taxes in Dundee are based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Dundee's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Dundee or another part of Barton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dundee, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Dundee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dundee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dundee to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Dundee, Kansas
Property taxes in Dundee, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dundee is 1.45%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Dundee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dundee estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Dundee's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67530 zip code has both the highest and lowest median property tax rate of 1.45%. Understanding how these cities compare with Dundee provides valuable insights into the varying tax landscape across Barton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dundee Tax Rate
1.45%
Average Barton County Tax Rate
1.84%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dundee, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67530 | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Dundee, Kansas
In Dundee, Kansas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Barton County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Dundee, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Dundee homeowners can expect a range in tax bills, with the 25th percentile at $192, the 75th percentile at $233, and the 90th percentile at $247. The highest and lowest median tax bills both stand at $210, notably in the 67530 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Dundee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dundee Assessed Value
$14,470
Average Barton County Assessed Value
$86,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dundee, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67530 | $13,035 | $13,238 | $14,470 | $16,090 | $16,990 |
Source: Ownwell
Property Tax Bills Across Dundee, Kansas
In Dundee, Barton County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Factors such as the home's location, size, and condition play a significant role in determining this value. For example, the median home price in Dundee is $14,470, which provides a baseline for calculating the tax bill. Homeowners in Dundee can expect their property tax bills to vary. The 25th percentile tax bill is around $192, while the 75th percentile tax bill reaches approximately $233. At the 90th percentile, tax bills can go up to $247. These variations reflect differences in property values and the assessed rates applied. Compared to the national median property tax rate of 0.99%, Dundee's property tax bills are relatively modest. This affordability can be a significant advantage for homeowners, making Dundee an attractive place for those looking to manage their housing costs effectively.
Average Dundee Tax Bill
$210
Average Barton County Tax Bill
$1,617
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Dundee, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67530 | $189 | $192 | $210 | $233 | $247 |
Source: Ownwell