Basehor, Kansas Property Taxes
The median property tax rate in Basehor, KS is 1.45%, notably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Basehor at $359,385, the typical annual property tax bill reaches $4,852, surpassing the national median of $2,690. Property taxes in Basehor are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Basehor'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 Basehor 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
Basehor, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$5,211
Ownwell’s Basehor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Basehor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Basehor 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 Basehor, Kansas
Property taxes in Basehor, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Basehor is 1.45%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Basehor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Basehor 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 Basehor's effective property tax rate to other areas in Leavenworth County and the national median. For comparison, the zip code 66007 has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Basehor 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 Basehor Tax Rate
1.45%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Basehor, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66007 | 1.20% | 1.26% | 1.45% | 1.48% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Basehor, Kansas
In Basehor, 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 Basehor, 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 Basehor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Basehor is $4852 in zip code 66007, which can be a significant amount for homeowners to manage.
Average Basehor Assessed Value
$359,385
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 Basehor, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66007 | $152,880 | $271,328 | $359,385 | $455,358 | $549,710 |
Source: Ownwell
Property Tax Bills Across Basehor, Kansas
In Basehor, located in Leavenworth County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Basehor is $359,385, and the tax rate is determined by local taxing authorities. Homeowners in Basehor can expect their property tax bills to vary significantly. For example, the tax bill at the 25th percentile is $3,918, while at the 75th percentile, it rises to $6,271. At the 90th percentile, the tax bill can reach up to $7,801. The highest and lowest median tax bills in the area are both recorded at $4,852, highlighting some consistency in property tax assessments. These tax bills are critical for homeowners as they directly impact annual financial planning and the overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Basehor's tax rates indicate a substantial financial obligation, making it essential for homeowners to understand how these figures are derived and managed.
Average Basehor Tax Bill
$4,852
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Basehor, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66007 | $3,145 | $3,918 | $4,852 | $6,271 | $7,801 |
Source: Ownwell