Roxbury, Kansas Property Taxes
The median property tax rate in Roxbury, KS is 0.97%, slightly below the national median of 0.99% and significantly lower than the Kansas state median of 1.43%. With a median home value in Roxbury of $40,240, the typical annual property tax bill is $382, which is well below the national median of $2,690. Property taxes in Roxbury are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Roxbury'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 Roxbury 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
Roxbury, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$390
Ownwell’s Roxbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roxbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roxbury 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 Roxbury, Kansas
Property taxes in Roxbury, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roxbury is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within Roxbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roxbury 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 Roxbury's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 67476 has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these cities compare with Roxbury provides valuable insights into the varying tax landscape across McPherson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roxbury Tax Rate
0.97%
Average Mcpherson County Tax Rate
1.47%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roxbury, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67476 | 0.93% | 0.95% | 0.97% | 1.01% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Roxbury, Kansas
In Roxbury, 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 McPherson 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 Roxbury, 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 Roxbury helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 67476 has both the highest and lowest median tax bill at $382, highlighting the uniformity in property tax assessments within the area.
Average Roxbury Assessed Value
$40,240
Average Mcpherson County Assessed Value
$161,285
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roxbury, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67476 | $6,068 | $25,605 | $40,240 | $55,730 | $63,056 |
Source: Ownwell
Property Tax Bills Across Roxbury, Kansas
In Roxbury, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in Roxbury is $40,240. Property taxes are then determined by applying the local tax rate to this assessed value. The median property tax rate in the area is 0.99%, aligning with the national median rate. Several factors influence the property tax bill, including the home's market value, any applicable exemptions, and the specific tax rate set by local authorities. Homeowners in Roxbury can expect a tax bill ranging from $242 at the 25th percentile to $701 at the 90th percentile, with the median tax bill being $382. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. As a result, property taxes play a crucial role in maintaining and improving local amenities and services, ultimately affecting homeowners' overall living experience.
Average Roxbury Tax Bill
$382
Average Mcpherson County Tax Bill
$2,306
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Roxbury, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67476 | $98 | $242 | $382 | $559 | $701 |
Source: Ownwell