Ramona, Kansas Property Taxes
The median property tax rate in Ramona, KS is 2.14%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Ramona at $107,850, the typical annual property tax bill reaches $2,133, which is close to the national median of $2,690. Property taxes in Ramona 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 Ramona'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 Ramona 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
Ramona, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.14%
Estimate Property Tax Bill
$2,308
Ownwell’s Ramona Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ramona with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ramona 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 Ramona, Kansas
Property taxes in Ramona, Kansas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Ramona is 1.31%, higher than both the Kansas state median of 1.28% and the U.S. national median of 0.99%. Local government entities within Ramona set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ramona 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 Ramona's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67475 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Ramona provides valuable insights into the varying tax landscape across Dickinson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ramona Tax Rate
2.14%
Average Dickinson County Tax Rate
1.82%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ramona, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67475 | 1.25% | 1.47% | 2.14% | 2.29% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across Ramona, Kansas
In Ramona, 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 Dickinson 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 Ramona, 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 Ramona helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 67475 has the highest median tax bill in the area, amounting to $2,133, which is significantly above the national median property tax rate of 0.99%.
Average Ramona Assessed Value
$107,850
Average Dickinson County Assessed Value
$105,350
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ramona, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67475 | $18,440 | $54,270 | $107,850 | $191,540 | $330,270 |
Source: Ownwell
Property Tax Bills Across Ramona, Kansas
In Ramona, Kansas, property tax bills are calculated based on the assessed value of the home, which is derived from the market value. The county assessor determines the market value, and then the assessed value is calculated as a percentage of that market value. For homeowners in Ramona, the median home price is $107,850. Once the assessed value is established, the local tax rate is applied to determine the annual property tax bill. In Dickinson County, where Ramona is located, tax bills vary significantly. For example, the 25th percentile tax bill is $1,857, while the 75th percentile tax bill reaches $2,549. Homeowners at the 90th percentile face tax bills as high as $5,217. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Ramona's property tax bills reflect the local economic conditions and public service needs, impacting homeowners' annual financial planning and the overall cost of homeownership.
Average Ramona Tax Bill
$2,133
Average Dickinson County Tax Bill
$2,015
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Ramona, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67475 | $343 | $1,857 | $2,133 | $2,549 | $5,217 |
Source: Ownwell