Washington, Kansas Property Taxes
The median property tax rate in Washington, KS is 1.07%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Washington at $78,600, the typical annual property tax bill reaches $792, which is below the national median of $2,690. Property taxes in Washington are calculated based on the tax assessed value, often lower than the market value due to various exemptions, including those for primary residences and agricultural properties. Understanding Washington'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 Washington or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Washington, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$841
Ownwell’s Washington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Washington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Washington 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 Washington, Kansas
Property taxes in Washington, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Washington is 1.07%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Washington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washington 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 Washington's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66968 zip code has the highest median property tax rate of 1.07%, while the 66968 zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Washington 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 Washington 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 Washington, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66968 | 0.61% | 0.83% | 1.07% | 1.35% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Washington, Kansas
Understanding the difference between "market value" and "assessed value" in Washington, Kansas, is essential for comprehending property taxes. The market value represents 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 local 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 Washington, 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. For instance, the highest median tax bill in Washington is $792 in the 66968 zip code, which is also the lowest. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Washington Assessed Value
$78,600
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 Washington, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66968 | $13,904 | $35,900 | $78,600 | $143,180 | $210,006 |
Source: Ownwell
Property Tax Bills Across Washington, Kansas
In Washington, KS, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in the area is $78,600. Homeowners can expect their property tax bill to fall within a range influenced by various factors, including the property's assessed value, local tax rates, and any applicable exemptions. For instance, the 25th percentile of property tax bills is $378, while the 75th percentile reaches $1,334, and the 90th percentile can go up to $1,955. These figures illustrate the variability in tax bills depending on the property's assessed value and other influencing factors. Compared to the national median property tax rate of 0.99%, homeowners in Washington, KS, experience a diverse range of tax obligations. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly. The highest and lowest median tax bills in the area are both $792, indicating some consistency in certain neighborhoods. Overall, property taxes in Washington, KS, significantly impact homeowners' annual expenses.
Average Washington Tax Bill
$792
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Washington, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66968 | $164 | $378 | $792 | $1,334 | $1,955 |
Source: Ownwell