Douglass, Kansas Property Taxes
The median property tax rate in Douglass, KS is 1.54%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Douglass being $153,770, the typical annual property tax bill reaches $2,903, exceeding the national median of $2,690. Property taxes in Douglass 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 Douglass'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 Douglass 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
Douglass, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$2,368
Ownwell’s Douglass Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Douglass with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Douglass 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 Douglass, Kansas
Property taxes in Douglass, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Douglass is 1.54%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Douglass set these rates annually, and they can vary significantly across different neighborhoods. Each year, Douglass 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 Douglass's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67039 zip code has the highest median property tax rate of 1.54%, while the same zip code also has the lowest median tax rate of 1.54%. Understanding how these cities compare with Douglass 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 Douglass Tax Rate
1.54%
Average Cowley County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Douglass, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67039 | 1.44% | 1.46% | 1.54% | 1.73% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Douglass, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Douglass, 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 local 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 Douglass, 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 Douglass helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill is 67039, amounting to $2,903.
Average Douglass Assessed Value
$153,770
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 Douglass, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67039 | $67,340 | $110,220 | $153,770 | $241,040 | $252,420 |
Source: Ownwell
Property Tax Bills Across Douglass, Kansas
In Douglass, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate, combined with the assessed value, determines the annual tax bill. For instance, with a median home price of $153,770, homeowners in Douglass can expect varying tax bills depending on their property's assessed value and specific tax rate. Factors such as property location, improvements, and market trends influence the assessed value. The property tax bill in Douglass significantly impacts homeowners, with the 25th percentile tax bill at $1,861 and the 75th percentile reaching $3,590. At the 90th percentile, the tax bill can go as high as $4,316. This variation highlights the financial responsibility homeowners bear, influenced by local tax policies and property assessments. Compared to the national median property tax rate of 0.99%, Douglass presents a unique landscape for property taxes, underscoring the importance of understanding local tax regulations and their implications on homeownership costs.
Average Douglass Tax Bill
$2,903
Average Cowley County Tax Bill
$1,388
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Douglass, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67039 | $1,034 | $1,861 | $2,903 | $3,590 | $4,316 |
Source: Ownwell