Emmett, Kansas Property Taxes
The median property tax rate in Emmett, KS is 0.87%, notably lower than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Emmett at $107,665, the typical annual property tax bill amounts to $964, which is significantly below the national median of $2,690. Property taxes in Emmett are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Emmett'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 Emmett 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
Emmett, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$937
Ownwell’s Emmett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Emmett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Emmett 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 Emmett, Kansas
Property taxes in Emmett, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Emmett is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Emmett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Emmett 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 Emmett's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 66422 has both the highest and the lowest median property tax rate of 0.87%. Understanding how these areas compare with Emmett 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 Emmett Tax Rate
0.87%
Average Pottawatomie County Tax Rate
1.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emmett, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66422 | 0.57% | 0.74% | 0.87% | 1.01% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Emmett, Kansas
In Emmett, 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 Pottawatomie 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 Emmett, 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 Emmett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Emmett is $107,665, with the 25th percentile tax bill at $526 and the 75th percentile at $1,434. The highest median tax bill in the area is $964 in the 66422 zip code.
Average Emmett Assessed Value
$107,665
Average Pottawatomie County Assessed Value
$216,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Emmett, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66422 | $21,265 | $63,370 | $107,665 | $161,628 | $250,482 |
Source: Ownwell
Property Tax Bills Across Emmett, Kansas
In Emmett, property tax bills are calculated based on the assessed value of a home, which is determined by the Pottawatomie County Assessor's Office. The assessed value is a percentage of the market value of the property, and this value is then multiplied by the local tax rate to determine the tax bill. For homeowners in Emmett, the median home price is $107,665. The property tax rate in Emmett is notably lower than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For instance, the tax bill at the 25th percentile is $526, while it rises to $1,434 at the 75th percentile, and reaches $2,321 at the 90th percentile. These variations illustrate how different property values and possible exemptions can affect the overall tax burden. Homeowners in Emmett can expect a median tax bill of $964, which is relatively modest compared to other regions.
Average Emmett Tax Bill
$964
Average Pottawatomie County Tax Bill
$2,156
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Emmett, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66422 | $179 | $526 | $964 | $1,434 | $2,321 |
Source: Ownwell