Rose Hill, Kansas Property Taxes
The median property tax rate in Rose Hill, KS is 1.35%, which is higher than the national median of 0.99% but slightly lower than the Kansas state median of 1.43%. With a median home value of $220,110 in Rose Hill, the typical annual property tax bill amounts to $2,944, surpassing the national median of $2,690. Property taxes in Rose Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Rose Hill'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 Rose Hill or another part of Butler County, gaining insights into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rose Hill, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$2,971
Ownwell’s Rose Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rose Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rose Hill 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 Rose Hill, Kansas
Property taxes in Rose Hill, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rose Hill is 1.35%, significantly higher than the U.S. national median of 0.99%. Local government entities within Rose Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rose Hill 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 Rose Hill's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67133 has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with Rose Hill 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 Rose Hill Tax Rate
1.35%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rose Hill, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67133 | 1.00% | 1.17% | 1.35% | 1.46% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Rose Hill, Kansas
In Rose Hill, Kansas, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Butler County Appraisal District for tax purposes. Conversely, 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 Rose Hill, 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. For residents of Rose Hill, the median home price is $220,110, with tax bills ranging from $2,345 at the 25th percentile to $5,261 at the 90th percentile. The highest and lowest median tax bills are both $2,944, found in the 67133 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to manage their tax burden effectively.
Average Rose Hill Assessed Value
$220,110
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 Rose Hill, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67133 | $136,586 | $181,375 | $220,110 | $311,050 | $421,799 |
Source: Ownwell
Property Tax Bills Across Rose Hill, Kansas
In Rose Hill, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Butler County can expect their property tax bill to be determined by multiplying the assessed value by the local tax rate. Factors such as property size, location, and any improvements or renovations can influence the assessed value. For instance, the median home price in Rose Hill is $220,110. Tax bills in this area can vary significantly. The 25th percentile tax bill is around $2,345, while those in the 75th percentile pay about $3,766. At the higher end, the 90th percentile tax bill reaches $5,261. These figures highlight the range of property tax burdens faced by homeowners in Rose Hill. Comparatively, the national median property tax rate is 0.99%, and Rose Hill's property tax rates reflect the local economic conditions and public service funding needs. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly.
Average Rose Hill Tax Bill
$2,944
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Rose Hill, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67133 | $1,480 | $2,345 | $2,944 | $3,766 | $5,261 |
Source: Ownwell