Healy, Kansas Property Taxes
The median property tax rate in Healy, KS is 1.15%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $37,310 in Healy, the typical annual property tax bill is approximately $430, which is significantly below the national median of $2,690. Property taxes in Healy are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Healy'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 Healy 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
Healy, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$429
Ownwell’s Healy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Healy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Healy 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 Healy, Kansas
Property taxes in Healy, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Healy is 1.15%, significantly higher than the U.S. national median of 0.99%. Local government entities within Healy set these rates annually, and they can vary considerably across different neighborhoods. Each year, Healy 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 Healy's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67850 has the highest median property tax rate of 1.15%, while the lowest median tax rate is also 1.15%. Understanding how these cities compare with Healy provides valuable insights into the varying tax landscape across Gove County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Healy Tax Rate
1.15%
Average Gove County Tax Rate
1.81%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Healy, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67850 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Healy, Kansas
In Healy, 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 Gove 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 Healy, 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 Healy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 67850, with a median tax bill of $430.
Average Healy Assessed Value
$37,310
Average Gove County Assessed Value
$74,990
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Healy, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67850 | $37,310 | $37,310 | $37,310 | $37,310 | $37,310 |
Source: Ownwell
Property Tax Bills Across Healy, Kansas
In Healy, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. In Healy, the median home price is $37,310, and the property tax rate is relatively low compared to the national median property tax rate of 0.99%. Homeowners in this area can expect a consistent tax bill, with the 25th, 75th, and 90th percentiles all reporting a tax bill of $430. This uniformity indicates a stable and predictable tax environment for residents. The highest and lowest median tax bills in the region are also $430, reflecting a standardized approach to property taxation. These factors collectively ensure that homeowners in Healy experience a straightforward and manageable property tax process, contributing to the overall affordability of living in this Kansas community.
Average Healy Tax Bill
$430
Average Gove County Tax Bill
$1,267
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Healy, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67850 | $430 | $430 | $430 | $430 | $430 |
Source: Ownwell