Hiawatha, Kansas Property Taxes
The median property tax rate in Hiawatha, KS is 1.15%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $111,640 in Hiawatha, the typical annual property tax bill amounts to $1,260, falling below the national median of $2,690. Property taxes in Hiawatha are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Hiawatha'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 Hiawatha 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
Hiawatha, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$1,284
Ownwell’s Hiawatha Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hiawatha with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hiawatha 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 Hiawatha, Kansas
Property taxes in Hiawatha, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hiawatha is 1.15%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Hiawatha set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hiawatha 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 Hiawatha's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66434 has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Hiawatha provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hiawatha Tax Rate
1.15%
Average Brown County Tax Rate
1.17%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hiawatha, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66434 | 0.95% | 1.05% | 1.15% | 1.21% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Hiawatha, Kansas
In Hiawatha, 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 Brown 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 Hiawatha, 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 median home price in Hiawatha is $111,640, with tax bills ranging from $679 at the 25th percentile to $3,662 at the 90th percentile. The highest median tax bill in the area is $1,260 in the 66434 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hiawatha Assessed Value
$111,640
Average Brown County Assessed Value
$95,260
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hiawatha, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66434 | $28,820 | $60,750 | $111,640 | $183,020 | $294,820 |
Source: Ownwell
Property Tax Bills Across Hiawatha, Kansas
In Hiawatha, property tax bills are calculated based on the assessed value of a home, which is determined by the Brown County assessor's office. The assessed value is a percentage of the property's market value, which in Hiawatha has a median home price of $111,640. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Hiawatha can expect varying tax bills. For instance, those in the 25th percentile might pay around $679, while those in the 75th percentile could see bills up to $2,118. The highest tax bills, seen in the 90th percentile, can reach $3,662. When compared to the national median property tax rate of 0.99%, Hiawatha's tax rates reflect local economic conditions and public service funding needs. Understanding these factors helps homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Hiawatha Tax Bill
$1,260
Average Brown County Tax Bill
$1,072
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Hiawatha, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66434 | $308 | $679 | $1,260 | $2,118 | $3,662 |
Source: Ownwell