Burlingame, Kansas Property Taxes
The median property tax rate in Burlingame, KS is 1.28%, which is considerably higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value in Burlingame of $178,555, the typical annual property tax bill reaches $2,419, slightly below the national median of $2,690. Property taxes in Burlingame are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Burlingame'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 Burlingame 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
Burlingame, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$2,286
Ownwell’s Burlingame Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Burlingame. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Burlingame to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, ensuring you are well-prepared for financial planning. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is crucial for these calculations and takes into account any applicable exemptions.
Property Tax Rates Across Burlingame, Kansas
Property taxes in Burlingame, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burlingame is 1.28%, significantly higher than the Kansas state median and the U.S. national median of 0.99%. Local government entities within Burlingame set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burlingame 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 Burlingame's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66413 zip code has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Burlingame provides valuable insights into the varying tax landscape across Osage County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burlingame Tax Rate
1.28%
Average Lyon County Tax Rate
1.51%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burlingame, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66413 | 1.04% | 1.20% | 1.28% | 1.42% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Burlingame, Kansas
In Burlingame, 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 Lyon 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 Burlingame, 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. For instance, the highest median tax bill in Burlingame is $2,419 in the 66413 zip code, while the lowest median tax bill is also $2,419 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burlingame Assessed Value
$178,555
Average Lyon County Assessed Value
$135,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burlingame, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66413 | $52,286 | $104,270 | $178,555 | $236,508 | $309,475 |
Source: Ownwell
Property Tax Bills Across Burlingame, Kansas
In Burlingame, KS, property tax bills are calculated based on the assessed value of the property, which is determined by the local assessor. The assessed value is a percentage of the market value of the home. For instance, with a median home price of $178,555, 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. Homeowners in Burlingame can expect property tax bills to vary significantly. The 25th percentile tax bill is around $1,260, while those in the 75th percentile pay approximately $3,295. The top 10% of tax bills can reach up to $3,901. This variation impacts homeowners differently, depending on their property’s assessed value and the applicable tax rate. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how Burlingame's rates align with national figures. Homeowners should be aware of these factors to manage their property tax obligations effectively.
Average Burlingame Tax Bill
$2,419
Average Lyon County Tax Bill
$2,056
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Burlingame, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66413 | $666 | $1,260 | $2,419 | $3,295 | $3,901 |
Source: Ownwell