Edwardsville, Kansas Property Taxes
The median property tax rate in Edwardsville, KS is 1.85%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Edwardsville at $193,700, the typical annual property tax bill reaches $3,668, exceeding the national median of $2,690. Property taxes in Edwardsville 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 Edwardsville'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 Edwardsville 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
Edwardsville, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Edwardsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Edwardsville with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Edwardsville to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Edwardsville, Kansas
Property taxes in Edwardsville, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Edwardsville is 1.85%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Edwardsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edwardsville 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 Edwardsville's effective property tax rate to other areas in Kansas and the national median. For comparison, the 66113 zip code has the highest median property tax rate of 1.89%, while the 66111 zip code has the lowest median tax rate of 1.85%. Understanding how these areas compare with Edwardsville provides valuable insights into the varying tax landscape across Wyandotte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Edwardsville Tax Rate
1.85%
Average Wyandotte County Tax Rate
1.84%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edwardsville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66111 | 1.81% | 1.84% | 1.85% | 1.87% | 2.28% |
| 66113 | 1.89% | 1.89% | 1.89% | 1.89% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Edwardsville, Kansas
In Edwardsville, 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 Wyandotte 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 Edwardsville, 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. Zip code 66113 has the highest median tax bill at $64,994, while zip code 66111 has the lowest at $3,651. 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 Edwardsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Edwardsville Assessed Value
$193,700
Average Wyandotte County Assessed Value
$133,500
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edwardsville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66111 | $56,575 | $116,550 | $193,000 | $214,475 | $267,080 |
| 66113 | $2,046,594 | $2,566,650 | $3,433,410 | $3,668,235 | $3,809,130 |
Source: Ownwell
Property Tax Bills Across Edwardsville, Kansas
In Edwardsville, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Various factors such as location, property size, and home condition are considered when determining this value. Edwardsville, located in Wyandotte County, has a median home price of $193,700. Homeowners in Edwardsville can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $2,396, while at the 75th percentile, it rises to approximately $4,180. The highest tax bills, at the 90th percentile, can reach up to $5,547. These figures highlight the range of property tax liabilities that homeowners might face, which can significantly impact their annual expenses. Comparing these values to the national median property tax rate of 0.99%, Edwardsville homeowners may find their tax rates to be relatively higher, reflecting the specific economic and regulatory environment of the area.
Average Edwardsville Tax Bill
$3,668
Average Wyandotte County Tax Bill
$2,636
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Edwardsville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66111 | $1,139 | $2,388 | $3,651 | $4,151 | $5,345 |
| 66113 | $38,703 | $48,562 | $64,994 | $69,446 | $72,117 |
Source: Ownwell