Atchison, Kansas Property Taxes
The median property tax rate in Atchison, KS is 0.55%, significantly lower than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Atchison, the typical annual property tax bill reaches $494, well below the national median of $2,690. Property taxes in Atchison 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 Atchison'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 Atchison 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
Atchison, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$34
Ownwell’s Atchison Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atchison with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atchison 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 Atchison, Kansas
Property taxes in Atchison, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atchison is 0.55%, which is lower than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Atchison set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atchison 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 Atchison's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66002 has both the highest and lowest median property tax rate of 0.55%. Understanding how these cities compare with Atchison provides valuable insights into the varying tax landscape across Leavenworth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atchison Tax Rate
0.55%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atchison, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66002 | 0.22% | 0.22% | 0.55% | 0.98% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Atchison, Kansas
In Atchison, 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 Leavenworth 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 Atchison, 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 Atchison helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Atchison is $6,130, with the highest median tax bill being $494 in zip code 66002.
Average Atchison Assessed Value
$6,130
Average Leavenworth County Assessed Value
$241,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atchison, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66002 | $3,072 | $6,120 | $6,130 | $280,000 | $358,900 |
Source: Ownwell
Property Tax Bills Across Atchison, Kansas
In Atchison, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors influencing the assessed value include property size, location, and improvements. For example, the median home price in Atchison is $6,130, and the property tax rate in Kansas is applied to this value. Homeowners in Atchison can expect varying tax bills depending on their property's assessed value. The 25th percentile tax bill is around $60, while the 75th percentile tax bill is approximately $1,295. Those in the 90th percentile might see tax bills as high as $1,989. Comparatively, the national median property tax rate is 0.99%, making Atchison's rates relatively modest. The highest and lowest median tax bills in the area are both $494, indicating a range of tax burdens across different properties. This system ensures that tax contributions are proportional to property values, impacting homeowners based on their specific property characteristics.
Average Atchison Tax Bill
$494
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Atchison, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66002 | $25 | $60 | $494 | $1,295 | $1,989 |
Source: Ownwell