Whitewater, Kansas Property Taxes
The median property tax rate in Whitewater, KS is 1.45%, higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $151,700 in Whitewater, the typical annual property tax bill amounts to $1,967, which is below the national median of $2,690. Property taxes in Whitewater are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Whitewater'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 Whitewater or another part of Butler County, gaining insights into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Whitewater, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$2,200
Ownwell’s Whitewater Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitewater with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitewater 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 Whitewater, Kansas
Property taxes in Whitewater, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitewater is 1.45%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Whitewater set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitewater 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 Whitewater's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67154 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Whitewater provides valuable insights into the varying tax landscape across Butler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Whitewater Tax Rate
1.45%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitewater, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67154 | 0.82% | 1.11% | 1.45% | 1.66% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Whitewater, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Whitewater, Kansas. 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 Butler 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 Whitewater, 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. For instance, zip code 67154 has the highest and lowest median tax bill at $1967. 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 Whitewater helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Whitewater Assessed Value
$151,700
Average Butler County Assessed Value
$188,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Whitewater, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67154 | $42,476 | $91,482 | $151,700 | $218,725 | $329,207 |
Source: Ownwell
Property Tax Bills Across Whitewater, Kansas
In Whitewater, KS, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is typically a percentage of the home's market value, which is determined by the county assessor. For instance, if your home in Whitewater has a median market value of $151,700, the assessed value will be a portion of this amount. The local tax rate is then applied to the assessed value to determine the tax bill. In Whitewater, the median property tax bill is notably higher than the national median rate of 0.99%. Homeowners in the 25th percentile can expect to pay around $1,173 annually, while those in the 75th percentile may see bills as high as $3,053. The highest median tax bill in the area is $1,967, which is found in the 67154 zip code. These property taxes fund essential services such as public schools, infrastructure, and emergency services, impacting the overall quality of life for homeowners.
Average Whitewater Tax Bill
$1,967
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitewater, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67154 | $464 | $1,173 | $1,967 | $3,053 | $4,408 |
Source: Ownwell