Redfield, Kansas Property Taxes
The median property tax rate in Redfield, KS is 1.79%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Redfield, the typical annual property tax bill reaches $1,183, exceeding the national median of $2,690. Property taxes in Redfield are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Redfield'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 Redfield or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Redfield, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.79%
Estimate Property Tax Bill
$991
Ownwell’s Redfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Redfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Redfield 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 Redfield, Kansas
Property taxes in Redfield, Kansas, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Redfield is 1.79%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Redfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Redfield 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. For comparison, the highest and lowest median property tax rates in Bourbon County are both 1.79%, reflecting a uniform rate across the county. Understanding how these cities compare with Redfield provides valuable insights into the varying tax landscape across Bourbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Redfield Tax Rate
1.79%
Average Bourbon County Tax Rate
1.91%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Redfield, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66769 | 1.52% | 1.62% | 1.79% | 2.13% | 2.94% |
Source: Ownwell
Property Tax Assessment Values Across Redfield, Kansas
In Redfield, 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 Bourbon 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 Redfield, 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. By understanding the distinction between 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 Redfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Redfield is $55,375, with the 25th percentile tax bill at $484 and the 90th percentile tax bill at $3,158. The zip code 66769 has the highest and lowest median tax bills, both at $1,183.
Average Redfield Assessed Value
$55,375
Average Bourbon County Assessed Value
$59,230
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Redfield, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66769 | $5,752 | $24,095 | $55,375 | $103,810 | $164,987 |
Source: Ownwell
Property Tax Bills Across Redfield, Kansas
In Redfield, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Redfield, located in Bourbon County, KS, typically see tax bills that vary significantly depending on their property's assessed value and the local tax rate. The median home price in Redfield is $55,375, and the property tax rate is derived from this assessed value. Tax bills in Redfield can vary widely: the 25th percentile tax bill is $484, while the 75th percentile reaches $2,082, and the 90th percentile can go up to $3,158. These figures illustrate the range of tax burdens that homeowners might face, influenced by factors such as property size, improvements, and neighborhood characteristics. The highest median tax bill in the area is $1,183, which is relatively moderate compared to the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Redfield Tax Bill
$1,183
Average Bourbon County Tax Bill
$1,096
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Redfield, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66769 | $139 | $484 | $1,183 | $2,082 | $3,158 |
Source: Ownwell