Burdick, Kansas Property Taxes
The median property tax rate in Burdick, KS is 2.09%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Burdick at $70,455, the typical annual property tax bill reaches $1,476, exceeding the national median of $2,690. Property taxes in Burdick 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 Burdick'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 Burdick 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
Burdick, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.09%
Estimate Property Tax Bill
$1,473
Ownwell’s Burdick Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burdick with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burdick 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 Burdick, Kansas
Property taxes in Burdick, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burdick is 2.09%, significantly higher than the U.S. national median of 0.99%. Local government entities within Burdick set these rates annually, and they can vary across different neighborhoods. Each year, Burdick 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 Burdick's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66838 zip code has both the highest and the lowest median property tax rate of 2.09%. Understanding how these cities compare with Burdick provides valuable insights into the varying tax landscape across Marion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burdick Tax Rate
2.09%
Average Marion County Tax Rate
2.06%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burdick, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66838 | 2.06% | 2.07% | 2.09% | 2.11% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Burdick, Kansas
In Burdick, Kansas, understanding the distinction between "market value" and "assessed value" is essential for grasping 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 such as location, property condition, and economic trends. This value is estimated by Marion County 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. Assessment notices in Burdick 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 difference 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 Burdick helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Burdick, the median home price is $70,455. The zip code 66838 has the highest median tax bill at $1,476, while the lowest is also in the same zip code, reflecting a uniformity in tax assessments.
Average Burdick Assessed Value
$70,455
Average Marion County Assessed Value
$76,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burdick, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66838 | $59,587 | $63,662 | $70,455 | $77,248 | $81,323 |
Source: Ownwell
Property Tax Bills Across Burdick, Kansas
In Burdick, located in Marion County, KS, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is a percentage of the property's market value. In this region, the median home price is $70,455. Property taxes are then calculated by applying the local tax rate to the assessed value. Several factors influence the final tax bill, including property type, location, and any applicable exemptions or deductions. Homeowners in Burdick typically see tax bills ranging from $1,321 at the 25th percentile to $1,723 at the 90th percentile, with the median tax bill being $1,476. This is notably higher than the national median property tax rate of 0.99%. For homeowners, these taxes fund essential public services such as schools, infrastructure, and emergency services. Understanding how property taxes are calculated can help homeowners better manage their finances and anticipate annual expenses.
Average Burdick Tax Bill
$1,476
Average Marion County Tax Bill
$1,500
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Burdick, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66838 | $1,229 | $1,321 | $1,476 | $1,631 | $1,723 |
Source: Ownwell