Rosalia, Kansas Property Taxes
The median property tax rate in Rosalia, KS is 1.17%, 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 Rosalia at $120,730, the typical annual property tax bill reaches $1,345, which is below the national median of $2,690. Property taxes in Rosalia are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rosalia'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 Rosalia 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
Rosalia, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$1,413
Ownwell’s Rosalia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosalia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosalia 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 Rosalia, Kansas
Property taxes in Rosalia, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosalia is 1.17%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Rosalia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosalia 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 Rosalia's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67132 zip code has the highest median property tax rate of 1.17%, while the 67132 zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Rosalia 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 Rosalia Tax Rate
1.17%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosalia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67132 | 0.82% | 1.07% | 1.17% | 1.27% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Rosalia, Kansas
In Rosalia, 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 Rosalia, 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 Rosalia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 67132 has the highest and lowest median tax bill of $1,345, highlighting the variability within the region.
Average Rosalia Assessed Value
$120,730
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 Rosalia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67132 | $17,726 | $59,485 | $120,730 | $183,440 | $268,772 |
Source: Ownwell
Property Tax Bills Across Rosalia, Kansas
Property tax bills in Rosalia, located in Butler County, KS, are determined based on the assessed value of a property. The assessed value is a percentage of the property's market value, which is determined by the local tax assessor. Homeowners in Rosalia are subject to a median property tax rate that is reflective of the county's standards. For example, the median home price in Rosalia is $120,730, and the tax bill can range significantly. At the 25th percentile, homeowners might pay around $731, while at the 75th percentile, the bill could be as high as $2,298. At the 90th percentile, it can reach up to $3,237. These figures illustrate the variability in property tax bills, which depend on factors such as property size, improvements, and market conditions. Compared to the national median property tax rate of 0.99%, Rosalia homeowners experience a range of tax bills that can impact their overall financial planning and homeownership costs.
Average Rosalia Tax Bill
$1,345
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosalia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67132 | $199 | $731 | $1,345 | $2,298 | $3,237 |
Source: Ownwell