Burden, Kansas Property Taxes
The median property tax rate in Burden, KS is 1.99%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Burden at $74,760, the typical annual property tax bill reaches $1,392, which is lower than the national median of $2,690. Property taxes in Burden are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Burden'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 Burden or another part of Cowley County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Burden, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.99%
Estimate Property Tax Bill
$1,488
Ownwell’s Burden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burden 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 Burden, Kansas
Property taxes in Burden, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burden is 1.99%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Burden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burden 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 Burden's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67019 zip code has the highest median property tax rate of 1.99%, while the same zip code also has the lowest median tax rate of 1.99%. Understanding how these cities compare with Burden provides valuable insights into the varying tax landscape across Cowley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burden Tax Rate
1.99%
Average Cowley County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burden, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67019 | 1.45% | 1.69% | 1.99% | 2.11% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Burden, Kansas
In Burden, 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 Cowley 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 Burden, 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. The median home price in Burden is $74,760, with tax bills ranging from $631 at the 25th percentile to $3,867 at the 90th percentile. The highest median tax bill is $1,392 in the 67019 zip code, which also has the lowest median tax bill. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burden Assessed Value
$74,760
Average Cowley County Assessed Value
$83,900
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burden, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67019 | $13,002 | $31,060 | $74,760 | $130,475 | $211,406 |
Source: Ownwell
Property Tax Bills Across Burden, Kansas
In Burden, located in Cowley County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Burden is $74,760. Property taxes are then determined by applying the local tax rate to this assessed value. Several factors contribute to the final tax bill, including local government budgets, school funding needs, and public service requirements. For homeowners, these property taxes can vary significantly. The 25th percentile tax bill in Burden is $631, while the 75th percentile tax bill is $2,523. At the higher end of the spectrum, the 90th percentile tax bill can reach $3,867. The highest median tax bill in Cowley County is $1,392, which is relatively modest compared to the national median property tax rate of 0.99%. Understanding how these taxes are calculated helps homeowners anticipate their annual expenses and plan their budgets accordingly.
Average Burden Tax Bill
$1,392
Average Cowley County Tax Bill
$1,388
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Burden, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67019 | $282 | $631 | $1,392 | $2,523 | $3,867 |
Source: Ownwell