Greenleaf, Kansas Property Taxes
The median property tax rate in Greenleaf, KS is 1.07%, which is higher than the national median of 0.99% but lower than Kansas's state median of 1.43%. With a median home value of $64,400 in Greenleaf, the typical annual property tax bill amounts to $507, significantly below the national median of $2,690. Property taxes in Greenleaf are calculated based on the assessed value, which is often less than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Greenleaf's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Greenleaf or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Greenleaf, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$689
Ownwell’s Greenleaf Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greenleaf with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenleaf 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 Greenleaf, Kansas
Property taxes in Greenleaf, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenleaf is 1.07%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Greenleaf set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenleaf 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 Greenleaf's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66943 zip code has the highest median property tax rate of 1.07%, while the 66943 zip code has the lowest median tax rate of 1.07%. Understanding how these cities compare with Greenleaf 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 Greenleaf Tax Rate
1.07%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenleaf, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66943 | 0.48% | 0.75% | 1.07% | 1.43% | 2.09% |
Source: Ownwell
Property Tax Assessment Values Across Greenleaf, Kansas
In Greenleaf, 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 Greenleaf, 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 Greenleaf helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Greenleaf is $64,400. The highest median tax bill in the area is $507 in the 66943 zip code, while the lowest is also $507 in the same zip code.
Average Greenleaf Assessed Value
$64,400
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 Greenleaf, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66943 | $7,580 | $22,445 | $64,400 | $132,420 | $215,676 |
Source: Ownwell
Property Tax Bills Across Greenleaf, Kansas
In Greenleaf, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Greenleaf is $64,400. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements are considered in the assessment process. For homeowners in Greenleaf, property tax bills can vary significantly. At the 25th percentile, the tax bill is $244, while at the 75th percentile, it rises to $1,122, and at the 90th percentile, it reaches $1,695. Comparatively, the national median property tax rate is 0.99%, making Greenleaf's rates relatively moderate. The highest and lowest median tax bills in Washington County, both recorded in the zip code 66943, stand at $507. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Greenleaf Tax Bill
$507
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenleaf, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66943 | $91 | $244 | $507 | $1,122 | $1,695 |
Source: Ownwell