Eudora, Kansas Property Taxes
The median property tax rate in Eudora, KS is 1.31%, which is higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Eudora at $239,280, the typical annual property tax bill reaches $3,203, surpassing the national median of $2,690. Property taxes in Eudora are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Eudora'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 Eudora 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
Eudora, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$3,135
Ownwell’s Eudora Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eudora with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eudora 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 Eudora, Kansas
Property taxes in Eudora, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eudora is 1.31%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Eudora set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eudora 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. For comparison, the zip code 66025 has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these areas compare with Eudora provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eudora Tax Rate
1.31%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eudora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66025 | 1.27% | 1.28% | 1.31% | 1.34% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Eudora, Kansas
In Eudora, 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 Johnson 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 Eudora, 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 Eudora 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 66025, with a median tax bill of $3,203.
Average Eudora Assessed Value
$239,280
Average Johnson County Assessed Value
$319,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eudora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66025 | $36,528 | $167,300 | $239,280 | $326,540 | $423,492 |
Source: Ownwell
Property Tax Bills Across Eudora, Kansas
In Eudora, located in Johnson County, KS, property tax bills are calculated based on several key factors. The process begins with the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. For homeowners in Eudora, the median home price stands at $239,280. To determine the final tax bill, the assessed value is multiplied by the local tax rate. The national median property tax rate is 0.99%, but local rates can vary. Factors such as property location, improvements, and exemptions also play a significant role in the calculation. Homeowners in Eudora experience a range of tax bills, with the 25th percentile at $2,137 and the 75th percentile at $4,177. The highest median tax bill in the area is $3,203. These tax bills impact homeowners by influencing their annual housing costs, potentially affecting their financial planning and property investment decisions.
Average Eudora Tax Bill
$3,203
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Eudora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66025 | $508 | $2,137 | $3,203 | $4,177 | $5,586 |
Source: Ownwell