Circleville, Kansas Property Taxes
The median property tax rate in Circleville, KS is 1.35%, which is notably higher than the national median of 0.99% but slightly lower than the Kansas state median of 1.43%. With a median home value of $103,245 in Circleville, the typical annual property tax bill amounts to $1,389, falling below the national median of $2,690. Property taxes in Circleville are determined based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Circleville's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you reside in central Circleville or its outskirts, gaining insight into the local property tax structure is essential for optimizing your financial benefits.
Last Updated June 14, 2024
Circleville, 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 Circleville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Circleville with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Circleville to provide an accurate estimate of your property tax bill. This user-friendly tool offers valuable insights into potential tax liabilities, making it easier to plan your finances. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for tax calculation purposes, taking into account any applicable exemptions.
Property Tax Rates Across Circleville, Kansas
Property taxes in Circleville, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Circleville is 1.69%, significantly higher than both the Kansas state median of 1.37% and the U.S. national median of 0.99%. Local government entities within Circleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Circleville 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 Circleville's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66416 zip code has the highest median property tax rate of 1.69%, while the lowest median tax rate is also 1.69%. Understanding how these cities compare with Circleville provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Circleville Tax Rate
1.35%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Circleville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66416 | 1.08% | 1.25% | 1.35% | 1.48% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Circleville, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Circleville, 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 Jackson 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 Circleville, 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. The median home price in Circleville is $103,245, with tax bills ranging from $832 at the 25th percentile to $2,405 at the 75th percentile, and reaching $3,656 at the 90th percentile. Notably, the highest and lowest median tax bills in the area are both found in the 66416 zip code, with a value of $1,389. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Circleville Assessed Value
$103,245
Average Jackson County Assessed Value
$133,885
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Circleville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66416 | $32,546 | $58,882 | $103,245 | $184,522 | $273,688 |
Source: Ownwell
Property Tax Bills Across Circleville, Kansas
In Circleville, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local tax rate, applied per $1,000 of assessed value, is used to calculate the tax bill. This tax rate is influenced by various factors, including local government budgets, school district needs, and public services. For homeowners in Circleville, the median home price is $103,245, and property tax bills can vary significantly. The 25th percentile tax bill is around $832, while the 75th percentile tax bill rises to $2,405. At the 90th percentile, homeowners might see tax bills as high as $3,656. These figures illustrate the range of property tax burdens residents might face, with the highest median tax bill in the county being $1,389. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Circleville Tax Bill
$1,389
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Circleville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66416 | $433 | $832 | $1,389 | $2,405 | $3,656 |
Source: Ownwell