Augusta, Kansas Property Taxes
The median property tax rate in Augusta, KS is 1.39%, slightly lower than the Kansas state median of 1.43% but still higher than the national median of 0.99%. With a median home value of $170,820 in Augusta, the typical annual property tax bill amounts to $2,204, which is below the national median of $2,690. Property taxes in Augusta are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Augusta'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 Augusta or another part of Butler County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Augusta, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$2,374
Ownwell’s Augusta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Augusta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Augusta 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 Augusta, Kansas
Property taxes in Augusta, Kansas, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Augusta is 1.39%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Augusta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Augusta 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 Augusta's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67010 zip code has the highest median property tax rate of 1.39%, while the lowest median tax rate is also 1.39% in the same zip code. Understanding how these cities compare with Augusta provides valuable insights into the varying tax landscape across Butler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Augusta Tax Rate
1.39%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Augusta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67010 | 0.95% | 1.14% | 1.39% | 1.50% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Augusta, Kansas
In Augusta, 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 Butler 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 Augusta, 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 Augusta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,204, found in zip code 67010.
Average Augusta Assessed Value
$170,820
Average Butler County Assessed Value
$188,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Augusta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67010 | $76,400 | $115,025 | $170,820 | $235,915 | $344,585 |
Source: Ownwell
Property Tax Bills Across Augusta, Kansas
In Augusta, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the final tax bill. For homeowners in Augusta, the median home price is $170,820, and property tax bills can vary widely. For instance, the 25th percentile tax bill is around $1,428, while the 75th percentile tax bill reaches up to $3,139. At the 90th percentile, homeowners may see bills as high as $4,307. Several factors influence these tax bills, including the home's assessed value, the local tax rate, and any applicable exemptions. This variability means that while some homeowners might find their tax bills manageable, others could face a more significant financial burden. Compared to the national median property tax rate of 0.99%, Augusta’s rates reflect the local economic conditions and funding requirements for public services. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Augusta Tax Bill
$2,204
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Augusta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67010 | $903 | $1,428 | $2,204 | $3,139 | $4,307 |
Source: Ownwell