Brewster, Kansas Property Taxes
The median property tax rate in Brewster, Kansas is 1.56%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Brewster, the typical annual property tax bill reaches $2,829, exceeding the national median of $2,690. Property taxes in Brewster are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brewster'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 Brewster 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
Brewster, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$2,832
Ownwell’s Brewster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brewster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brewster 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 Brewster, Kansas
Property taxes in Brewster, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brewster is 1.56%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Brewster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brewster 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 Brewster's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67732 zip code has the highest median property tax rate of 1.56%, while the same zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Brewster provides valuable insights into the varying tax landscape across Cheyenne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brewster Tax Rate
1.56%
Average Cheyenne County Tax Rate
1.44%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brewster, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67732 | 1.56% | 1.56% | 1.56% | 1.56% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Brewster, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Brewster, Kansas. 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 Cheyenne 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 Brewster, 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 Brewster 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, both at $2,829, are found in the 67732 zip code.
Average Brewster Assessed Value
$181,520
Average Cheyenne County Assessed Value
$91,230
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brewster, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67732 | $181,520 | $181,520 | $181,520 | $181,520 | $181,520 |
Source: Ownwell
Property Tax Bills Across Brewster, Kansas
In Brewster, located in Cheyenne County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For example, with a median home price of $181,520, homeowners can expect a median property tax bill of $2,829. This tax bill remains consistent across various percentiles, indicating a uniform tax rate application in the area. Several factors influence the final tax bill, including the property’s assessed value, any applicable exemptions, and the local tax rate. The assessed value is determined by the county assessor and is a crucial component in calculating the tax bill. For homeowners in Brewster, the property tax rate and the assessed values significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Brewster’s property tax rate results in a higher tax bill, affecting the overall cost of homeownership in the area.
Average Brewster Tax Bill
$2,829
Average Cheyenne County Tax Bill
$1,346
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Brewster, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67732 | $2,829 | $2,829 | $2,829 | $2,829 | $2,829 |
Source: Ownwell