Pawnee Rock, Kansas Property Taxes
The median property tax rate in Pawnee Rock, KS is 2.32%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Pawnee Rock at $26,470, the typical annual property tax bill is $569, which is still below the national median of $2,690. Property taxes in Pawnee Rock are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Pawnee Rock'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 Pawnee Rock or another part of Barton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pawnee Rock, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.32%
Estimate Property Tax Bill
$614
Ownwell’s Pawnee Rock Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pawnee Rock with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pawnee Rock 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 Pawnee Rock, Kansas
Property taxes in Pawnee Rock, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pawnee Rock is 1.29%, higher than both the Kansas state median of 1.23% and the U.S. national median of 0.99%. Local government entities within Pawnee Rock set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pawnee Rock 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 Pawnee Rock's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67567 zip code has the highest median property tax rate of 1.29%, while the same zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Pawnee Rock provides valuable insights into the varying tax landscape across Barton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pawnee Rock Tax Rate
2.32%
Average Barton County Tax Rate
1.84%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pawnee Rock, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67567 | 1.74% | 2.32% | 2.32% | 2.33% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Pawnee Rock, Kansas
In Pawnee Rock, 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 Barton 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 Pawnee Rock, 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 Pawnee Rock helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pawnee Rock is $26,470, with the highest and lowest median tax bills both being $569 in the 67567 zip code.
Average Pawnee Rock Assessed Value
$26,470
Average Barton County Assessed Value
$86,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pawnee Rock, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67567 | $1,630 | $10,620 | $26,470 | $69,250 | $149,490 |
Source: Ownwell
Property Tax Bills Across Pawnee Rock, Kansas
Property tax bills in Pawnee Rock, located in Barton County, KS, are determined based on the assessed value of the property and the local tax rate. The assessed value is a percentage of the property's market value, which is then multiplied by the tax rate set by local taxing authorities. This rate can vary, reflecting the funding needs for public services such as schools, infrastructure, and emergency services. For homeowners in Pawnee Rock, the median home price is $26,470. Property tax bills can range significantly, with the 25th percentile at $244 and the 75th percentile at $1,428. At the 90th percentile, some homeowners may see tax bills as high as $2,827. The highest and lowest median tax bills in the area are both recorded at $569, indicating a level of consistency in tax assessments within the zip code 67567. Compared to the national median property tax rate of 0.99%, Pawnee Rock's property tax amounts reflect the unique economic and fiscal landscape of the region, impacting homeowners differently based on their property's assessed value.
Average Pawnee Rock Tax Bill
$569
Average Barton County Tax Bill
$1,617
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Pawnee Rock, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67567 | $38 | $244 | $569 | $1,428 | $2,827 |
Source: Ownwell