Bel Aire, Kansas Property Taxes
The median property tax rate in Bel Aire, KS is 1.62%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Bel Aire at $193,500, the typical annual property tax bill reaches $3,137, exceeding the national median of $2,690. Property taxes in Bel Aire 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 Bel Aire'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 Bel Aire 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
Bel Aire, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$3,135
Ownwell’s Bel Aire Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bel Aire with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bel Aire 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 Bel Aire, Kansas
Property taxes in Bel Aire, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bel Aire is 1.62%, significantly higher than the U.S. national median of 0.99%. Local government entities within Bel Aire set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bel Aire 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 Bel Aire's effective property tax rate to other areas in Sedgwick County and the national median. For comparison, the 67226 zip code has the highest median property tax rate of 1.64%, while the 67220 zip code has the lowest median tax rate of 1.62%. Understanding how these areas compare with Bel Aire provides valuable insights into the varying tax landscape across Sedgwick County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bel Aire Tax Rate
1.62%
Average Sedgwick County Tax Rate
1.29%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bel Aire, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67220 | 1.61% | 1.61% | 1.62% | 1.63% | 1.63% |
| 67226 | 1.61% | 1.62% | 1.64% | 2.18% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Bel Aire, Kansas
In Bel Aire, 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 Sedgwick 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 Bel Aire, 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 Bel Aire helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $4,687 in the 67226 zip code, while the lowest median tax bill is $3,007 in the 67220 zip code.
Average Bel Aire Assessed Value
$193,500
Average Sedgwick County Assessed Value
$135,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bel Aire, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67220 | $139,010 | $158,575 | $185,950 | $211,225 | $232,800 |
| 67226 | $155,140 | $181,275 | $242,000 | $312,050 | $387,460 |
Source: Ownwell
Property Tax Bills Across Bel Aire, Kansas
In Bel Aire, property tax bills are calculated based on the assessed value of a home, which is determined by the Sedgwick County Appraiser's Office. The assessed value is a percentage of the market value of the property. Homeowners in Bel Aire experience a range of property tax bills, with the 25th percentile at $2,624 and the 75th percentile at $3,693. The highest median tax bill in the area is $4,687, found in the 67226 zip code, while the lowest median tax bill is $3,007 in the 67220 zip code. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. These taxes fund essential services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Bel Aire's property taxes can have a significant impact on homeowners' annual expenses, affecting their overall cost of living and financial planning.
Average Bel Aire Tax Bill
$3,137
Average Sedgwick County Tax Bill
$1,835
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Bel Aire, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67220 | $2,219 | $2,549 | $3,007 | $3,434 | $3,785 |
| 67226 | $2,485 | $2,922 | $4,687 | $6,745 | $8,213 |
Source: Ownwell