Barnes, Kansas Property Taxes
The median property tax rate in Barnes, KS is 1.28%, higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Barnes at $63,245, the typical annual property tax bill reaches $738, which is significantly lower than the national median of $2,690. Property taxes in Barnes are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Barnes'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 Barnes 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
Barnes, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$810
Ownwell’s Barnes Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Barnes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Barnes 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 Barnes, Kansas
Property taxes in Barnes, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Barnes is 1.28%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Barnes set these rates annually, and they can vary significantly across different neighborhoods. Each year, Barnes 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 Barnes's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66933 zip code has the highest median property tax rate of 1.28%, while the 66933 zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Barnes provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Barnes Tax Rate
1.28%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Barnes, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66933 | 0.61% | 0.93% | 1.28% | 1.62% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Barnes, Kansas
In Barnes, 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 Washington 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 Barnes, 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 Barnes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Barnes is $738.00 in zip code 66933, which is also the lowest median tax bill.
Average Barnes Assessed Value
$63,245
Average Washington County Assessed Value
$82,220
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Barnes, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66933 | $7,222 | $25,280 | $63,245 | $118,218 | $189,144 |
Source: Ownwell
Property Tax Bills Across Barnes, Kansas
In Barnes, Kansas, property tax bills are determined by assessing the value of a property and applying the local tax rate to that assessed value. The median home price in Barnes is $63,245, which serves as a basis for calculating property taxes. Homeowners in Barnes can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $274 and the 75th percentile reaching $1,382. For those at the 90th percentile, the tax bill can be as high as $2,116. Several factors influence these tax bills, including property size, location, and any applicable exemptions. These taxes fund essential public services like schools, infrastructure, and emergency services, impacting the overall quality of life in the community. Compared to the national median property tax rate of 0.99%, Barnes presents a varied landscape, making it crucial for homeowners to understand how their specific circumstances affect their tax obligations.
Average Barnes Tax Bill
$738
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Barnes, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66933 | $112 | $274 | $738 | $1,382 | $2,116 |
Source: Ownwell