Baldwin City, Kansas Property Taxes
The median property tax rate in Baldwin City, KS is 1.65%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Baldwin City at $267,600, the typical annual property tax bill reaches $4,231, exceeding the national median of $2,690. Property taxes in Baldwin City 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 Baldwin City'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 Baldwin City 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
Baldwin City, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$4,415
Ownwell’s Baldwin City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Baldwin City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Baldwin City 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 Baldwin City, Kansas
Property taxes in Baldwin City, Kansas, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Baldwin City is 1.65%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Baldwin City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Baldwin City 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 Baldwin City's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66006 zip code has the highest median property tax rate of 1.65%, while the same zip code also has the lowest median tax rate of 1.65%. Understanding how these cities compare with Baldwin City provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Baldwin City Tax Rate
1.65%
Average Douglas County Tax Rate
1.47%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baldwin City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66006 | 1.35% | 1.38% | 1.65% | 1.68% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Baldwin City, Kansas
In Baldwin City, 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 Douglas 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 Baldwin City, 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 Baldwin City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Baldwin City are both $4,231, found in zip code 66006.
Average Baldwin City Assessed Value
$267,600
Average Douglas County Assessed Value
$271,900
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baldwin City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66006 | $159,562 | $198,300 | $267,600 | $366,300 | $492,144 |
Source: Ownwell
Property Tax Bills Across Baldwin City, Kansas
In Baldwin City, located in Douglas County, KS, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. Homeowners in Baldwin City can expect their property tax bills to be influenced by several factors including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the median home price in Baldwin City is $267,600. Property tax bills can vary significantly, with the 25th percentile at $3,187 and the 75th percentile at $5,580, reflecting differences in property values and applicable tax rates. The highest median tax bill in the area is $4,231, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure. Therefore, understanding how property tax bills are calculated can help homeowners in Baldwin City better anticipate their annual expenses and budget accordingly.
Average Baldwin City Tax Bill
$4,231
Average Douglas County Tax Bill
$4,065
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Baldwin City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66006 | $2,523 | $3,187 | $4,231 | $5,580 | $7,325 |
Source: Ownwell