Maple City, Kansas Property Taxes
The median property tax rate in Maple City, KS is 1.55%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $130,345, the typical annual property tax bill in Maple City reaches $1,766, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Maple City'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 Maple City 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
Maple City, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$2,020
Ownwell’s Maple City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maple City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maple City 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 Maple City, Kansas
Property taxes in Maple City, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maple City is 1.55%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Maple City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maple City 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 Maple City's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67102 zip code has both the highest and lowest median property tax rate of 1.55%. Understanding how these cities compare with Maple City 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 Maple City Tax Rate
1.55%
Average Cowley County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maple City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67102 | 1.25% | 1.37% | 1.55% | 2.07% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Maple City, Kansas
In Maple City, 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. 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 Maple City is $130,345, with tax bills ranging from $1,029 at the 25th percentile to $5,197 at the 90th percentile. The highest and lowest median tax bill in the area is $1,766, found in zip code 67102. 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 Maple City Assessed Value
$130,345
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 Maple City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67102 | $26,305 | $53,388 | $130,345 | $211,682 | $262,010 |
Source: Ownwell
Property Tax Bills Across Maple City, Kansas
In Maple City, located in Cowley County, KS, property tax bills are determined based on the assessed value of a home. The assessed value is typically a percentage of the home's market value, which is then multiplied by the local tax rate. For instance, with a median home price of $130,345, homeowners can expect their tax bill to vary significantly. The tax bill at the 25th percentile is around $1,029, while at the 75th percentile, it rises to approximately $3,847. For those in the 90th percentile, the tax bill can reach up to $5,197. Several factors influence these tax bills, including the home's market value, local tax rates, and any applicable exemptions. Homeowners in Maple City should be aware that their property tax rate may be higher or lower than the national median property tax rate of 0.99%. Understanding these factors is crucial as they directly affect the financial obligations of homeowners, influencing their overall cost of living and financial planning.
Average Maple City Tax Bill
$1,766
Average Cowley County Tax Bill
$1,388
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Maple City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67102 | $372 | $1,029 | $1,766 | $3,847 | $5,197 |
Source: Ownwell