Stilwell, Kansas Property Taxes
The median property tax rate in Stilwell, KS is 1.22%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $462,265 in Stilwell, the typical annual property tax bill amounts to $5,673, significantly surpassing the national median of $2,690. Property taxes in Stilwell are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Stilwell's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Stilwell or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stilwell, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$5,640
Ownwell’s Stilwell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stilwell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stilwell 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 Stilwell, Kansas
Property taxes in Stilwell, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stilwell is 1.22%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Stilwell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stilwell 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 Stilwell's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66085 zip code has the highest median property tax rate of 1.22%, while the 66085 zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Stilwell 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 Stilwell Tax Rate
1.22%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stilwell, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66085 | 1.21% | 1.22% | 1.22% | 1.23% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Stilwell, Kansas
In Stilwell, 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 county's 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 Stilwell, 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 Stilwell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 66085 has the highest and lowest median tax bill, both at $5,677.
Average Stilwell Assessed Value
$462,265
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 Stilwell, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66085 | $177,600 | $338,800 | $462,800 | $589,500 | $737,300 |
Source: Ownwell
Property Tax Bills Across Stilwell, Kansas
In Stilwell, KS, located in Johnson County, property tax bills are calculated based on the assessed value of your home, which is a percentage of the market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For instance, the median home price in Stilwell is $462,265. Homeowners in Stilwell can expect their property tax bills to vary significantly. At the 25th percentile, tax bills are around $4,134, whereas at the 75th percentile, they reach up to $7,217. The highest tax bills, at the 90th percentile, can be as much as $9,064. This variability in tax bills can affect homeowners differently. Those with higher-valued properties or in more desirable locations may face higher tax bills, impacting their overall cost of homeownership. Conversely, properties with lower assessed values may result in more manageable tax bills, providing some financial relief.
Average Stilwell Tax Bill
$5,673
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Stilwell, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66085 | $2,233 | $4,153 | $5,677 | $7,219 | $9,069 |
Source: Ownwell