Emmett, Kansas Property Taxes
The median property tax rate in Emmett, KS is 1.29%, slightly above the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Emmett at $155,595, the typical annual property tax bill amounts to $2,156, which is below the national median of $2,690. Property taxes in Emmett are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Emmett'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 Emmett 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
Emmett, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$2,007
Ownwell’s Emmett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Emmett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Emmett 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 Emmett, Kansas
Property taxes in Emmett, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Emmett is 1.15%, which is higher than both the Kansas state median of 1.28% and the U.S. national median of 0.99%. Local government entities within Emmett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Emmett 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 Emmett's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66422 zip code has the highest median property tax rate of 1.15%, while the 66422 zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Emmett 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 Emmett Tax Rate
1.29%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emmett, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66422 | 0.99% | 1.13% | 1.29% | 1.60% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Emmett, Kansas
In Emmett, 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 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 Emmett, 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. With a median home price of $155,595, the property tax bills in Emmett vary significantly. For instance, at the 25th percentile, the tax bill is $1,093, while at the 75th percentile, it reaches $3,312. 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 Emmett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Emmett Assessed Value
$155,595
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 Emmett, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66422 | $66,605 | $78,420 | $155,595 | $271,342 | $326,695 |
Source: Ownwell
Property Tax Bills Across Emmett, Kansas
In Emmett, Kansas, 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 typically a percentage of the market value of the property. For example, if the median home price in Emmett is $155,595, the assessed value would be a fraction of this amount, depending on local assessment rates. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Emmett can expect varying tax bills, with the 25th percentile at $1,093 and the 75th percentile at $3,312, while the 90th percentile reaches up to $4,757. These property taxes significantly impact homeowners, as they contribute to local services such as schools, infrastructure, and public safety. Compared to the national median property tax rate of 0.99%, the rates in Emmett can vary, affecting the overall affordability and cost of homeownership in the area.
Average Emmett Tax Bill
$2,156
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Emmett, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66422 | $719 | $1,093 | $2,156 | $3,312 | $4,757 |
Source: Ownwell