Hazelton, Kansas Property Taxes
The median property tax rate in Hazelton, Kansas is 2.09%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Hazelton, the typical annual property tax bill reaches $1,198, exceeding the national median of $2,690. Property taxes in Hazelton 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 Hazelton'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 Hazelton 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
Hazelton, 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 Hazelton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hazelton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hazelton 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 Hazelton, Kansas
Property taxes in Hazelton, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hazelton is 2.09%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Hazelton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hazelton 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 Hazelton's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67061 zip code has the highest median property tax rate of 2.09%, while the lowest median tax rate is also 2.09% in the same zip code. Understanding how these areas compare with Hazelton provides valuable insights into the varying tax landscape across Harper County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hazelton Tax Rate
2.09%
Average Harper County Tax Rate
1.91%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hazelton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67061 | 1.28% | 1.46% | 2.09% | 3.08% | 5.03% |
Source: Ownwell
Property Tax Assessment Values Across Hazelton, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hazelton, 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 Harper 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. Assessment notices in Hazelton 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. For instance, in Hazelton, the zip code 67061 has the highest median tax bill at $1,198, while the same zip code also has the lowest median tax bill at $1,198. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hazelton Assessed Value
$37,670
Average Harper County Assessed Value
$53,350
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hazelton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67061 | $9,869 | $22,738 | $37,670 | $107,540 | $214,360 |
Source: Ownwell
Property Tax Bills Across Hazelton, Kansas
In Hazelton, located in Harper County, KS, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value, determined by local assessors. This value is then multiplied by the local tax rate to calculate the annual tax bill. For instance, the median home price in Hazelton is $37,670. Property taxes can vary significantly, with the 25th percentile tax bill being $513, the 75th percentile reaching $2,389, and the 90th percentile soaring to $4,291. Several factors influence the tax bill, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Homeowners in Hazelton may find their tax bills higher or lower depending on these variables. Compared to the national median property tax rate of 0.99%, Hazelton's rates can impose a considerable financial impact on homeowners, particularly those at the higher end of the tax spectrum. Understanding how these elements interplay can help homeowners anticipate and manage their annual tax obligations effectively.
Average Hazelton Tax Bill
$1,198
Average Harper County Tax Bill
$968
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Hazelton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67061 | $126 | $513 | $1,198 | $2,389 | $4,291 |
Source: Ownwell