Salina, Kansas Property Taxes
The median property tax rate in Salina, KS is 1.57%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Salina at $289,450, the typical annual property tax bill reaches $4,637, exceeding the national median of $2,690. Property taxes in Salina 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 Salina'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 Salina 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
Salina, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$4,544
Ownwell’s SALINA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SALINA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SALINA 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 Salina, Kansas
Property taxes in Salina, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Salina is 1.57%, significantly higher than the U.S. national median of 0.99%. Local government entities within Salina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Salina 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 Salina's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67401 in Salina has the highest median property tax rate of 1.57%, while the same zip code also has the lowest median tax rate of 1.57%. Understanding how these cities compare with Salina provides valuable insights into the varying tax landscape across Ottawa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Salina Tax Rate
1.57%
Average Ottawa County Tax Rate
1.87%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Salina, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67401 | 1.44% | 1.49% | 1.57% | 1.63% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Salina, Kansas
In Salina, 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 Ottawa 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 Salina, 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 Salina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Salina is $289,450, with tax bills ranging significantly. The 25th percentile tax bill is $2,727, while the 75th percentile tax bill reaches $5,907. The highest median tax bill in the area is $4,637 in the 67401 zip code, which also has the lowest median tax bill at the same amount.
Average Salina Assessed Value
$289,450
Average Ottawa County Assessed Value
$109,750
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Salina, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67401 | $99,457 | $175,720 | $289,450 | $366,022 | $398,516 |
Source: Ownwell
Property Tax Bills Across Salina, Kansas
In Salina, property tax bills are determined by assessing the market value of a property and then applying the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to calculate the tax bill. Several factors contribute to the assessed value, including property size, location, and any improvements made to the property. For homeowners in Salina, the median home price is $289,450. The property tax bills can vary significantly, with the 25th percentile at $2,727 and the 75th percentile at $5,907. The highest median tax bill recorded in the area is $4,637, which is consistent across the zip code 67401. These tax bills impact homeowners by influencing their overall housing costs and can affect decisions related to buying or selling property. Comparing this to the national median property tax rate of 0.99%, homeowners in Salina may find their property taxes to be relatively moderate, depending on their specific property and its assessed value.
Average Salina Tax Bill
$4,637
Average Ottawa County Tax Bill
$1,977
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Salina, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67401 | $1,390 | $2,727 | $4,637 | $5,907 | $6,382 |
Source: Ownwell