Argonia, Kansas Property Taxes
The median property tax rate in Argonia, KS is 1.74%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Argonia, the typical annual property tax bill reaches $2,822, exceeding the national median of $2,690. Property taxes in Argonia are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Argonia'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 Argonia 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
Argonia, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$2,820
Ownwell’s Argonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Argonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Argonia 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 Argonia, Kansas
Property taxes in Argonia, Kansas, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Argonia is 1.74%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Argonia set these rates annually, and they can vary across different neighborhoods. Each year, Argonia 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 Argonia's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67004 zip code has the highest median property tax rate of 1.74%, while the same zip code also has the lowest median tax rate of 1.74%. Understanding how these cities compare with Argonia provides valuable insights into the varying tax landscape across Kingman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Argonia Tax Rate
1.74%
Average Kingman County Tax Rate
1.98%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Argonia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67004 | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Argonia, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Argonia, 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 Kingman 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 Argonia, 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 Argonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Argonia are both $2822, specifically in the 67004 zip code.
Average Argonia Assessed Value
$162,090
Average Kingman County Assessed Value
$84,385
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Argonia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67004 | $162,090 | $162,090 | $162,090 | $162,090 | $162,090 |
Source: Ownwell
Property Tax Bills Across Argonia, Kansas
In Argonia, located in Kingman County, KS, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the local tax assessor and usually represents a percentage of the home's market value. Homeowners in Argonia face a median property tax bill of $2,822, which is notably higher than the national median property tax rate of 0.99%. This amount remains consistent across various percentiles, indicating a uniform tax rate within the city. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, if a home in Argonia has a median market price of $162,090, the assessed value will be a fraction of this amount, which is then multiplied by the local tax rate to determine the tax bill. High property tax bills can significantly impact homeowners by increasing the overall cost of owning a home, potentially affecting housing affordability and financial planning. Understanding how these taxes are calculated can help homeowners better manage their expenses.
Average Argonia Tax Bill
$2,822
Average Kingman County Tax Bill
$1,733
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Argonia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67004 | $2,822 | $2,822 | $2,822 | $2,822 | $2,822 |
Source: Ownwell