Muscotah, Kansas Property Taxes
The median property tax rate in Muscotah, KS is 2.70%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Muscotah at $155,930, the typical annual property tax bill reaches $4,275, far exceeding the national median of $2,690. Property taxes in Muscotah are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Muscotah'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 Muscotah 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
Muscotah, 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 Muscotah Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Muscotah. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Muscotah to provide an estimate of your property tax bill. This tool offers a clear understanding of your potential tax liabilities. For those interested in more detailed information, including neighborhood-level trends, additional localized insights are available below. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Muscotah, Kansas
Property taxes in Muscotah, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Muscotah is 2.70%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Muscotah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Muscotah 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 Muscotah's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66058 zip code has both the highest and lowest median property tax rate of 2.70%. Understanding how these cities compare with Muscotah 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 Muscotah Tax Rate
2.70%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Muscotah, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66058 | 1.60% | 1.98% | 2.70% | 3.29% | 3.53% |
Source: Ownwell
Property Tax Assessment Values Across Muscotah, Kansas
In Muscotah, 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. 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 Muscotah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 66058, with a tax bill of $4,275.
Average Muscotah Assessed Value
$155,930
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 Muscotah, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66058 | $55,380 | $94,305 | $155,930 | $224,485 | $366,495 |
Source: Ownwell
Property Tax Bills Across Muscotah, Kansas
In Muscotah, Kansas, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Homeowners in Muscotah can expect their property tax bills to vary significantly depending on their property's assessed value. For example, the tax bill at the 25th percentile is $1,916, while at the 75th percentile, it rises to $4,722. At the 90th percentile, homeowners may see tax bills as high as $9,744. Several factors influence the assessed value, including the property's location, size, and condition. These factors collectively determine the amount of tax a homeowner will owe. The highest median tax bill in the area is $4,275, which can be found in zip code 66058. Compared to the national median property tax rate of 0.99%, Muscotah's property tax rates can have a considerable impact on a homeowner’s annual expenses, making it essential for homeowners to understand how their tax bill is calculated.
Average Muscotah Tax Bill
$4,275
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Muscotah, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66058 | $1,131 | $1,916 | $4,275 | $4,722 | $9,744 |
Source: Ownwell