Onaga, Kansas Property Taxes
The median property tax rate in Onaga, KS is 0.98%, slightly below both the national median of 0.99% and Kansas' state median of 1.43%. With a median home value of $202,270 in Onaga, the typical annual property tax bill is approximately $1,989, which is lower than the national median of $2,690. Property taxes in Onaga are based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. By gaining a thorough understanding of Onaga's property tax system, exploring the available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in the heart of Onaga or another part of the city, comprehending the local property tax system can provide considerable financial benefits.
Last Updated June 14, 2024
Onaga, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,982
Ownwell’s Onaga Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Onaga with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Onaga to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities with ease. For those interested in more granular insights, localized information at the neighborhood level is available below. Your property’s assessed value is the figure assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Onaga, Kansas
Property taxes in Onaga, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Onaga is 1.33%, which is higher than both the Kansas state median of 1.28% and the U.S. national median of 0.99%. Local government entities within Onaga set these rates annually, and they can vary significantly across different neighborhoods. Each year, Onaga 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 Onaga's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66521 has both the highest and lowest median property tax rate of 1.33%. Understanding how these areas compare with Onaga provides valuable insights into the varying tax landscape across Pottawatomie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Onaga Tax Rate
0.98%
Average Marshall County Tax Rate
1.65%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Onaga, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66521 | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Onaga, Kansas
In Onaga, 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 Marshall 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 Onaga, 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 Onaga helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 66521, with a tax bill of $1989.
Average Onaga Assessed Value
$202,270
Average Marshall County Assessed Value
$92,000
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Onaga, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66521 | $202,270 | $202,270 | $202,270 | $202,270 | $202,270 |
Source: Ownwell
Property Tax Bills Across Onaga, Kansas
In Onaga, Kansas, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the market value of the property. For instance, if the median home price in Onaga is $202,270, the assessed value would be a fraction of this amount, depending on local regulations. The tax rate is applied to the assessed value to determine the annual property tax bill. Factors such as property improvements, neighborhood changes, and market trends can affect the assessed value, thereby influencing the tax bill. In Onaga, the median property tax bill is $1,989, which is below the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable for residents. However, it's essential for homeowners to stay informed about local property tax laws and any potential changes that could impact their annual tax obligations.
Average Onaga Tax Bill
$1,989
Average Marshall County Tax Bill
$1,429
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Onaga, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66521 | $1,989 | $1,989 | $1,989 | $1,989 | $1,989 |
Source: Ownwell