Berryton, Kansas Property Taxes
The median property tax rate in Berryton, KS is 1.39%, which is higher than the national median of 0.99% but slightly lower than the Kansas state median of 1.43%. With the median home value in Berryton at $282,360, the typical annual property tax bill amounts to $3,972, surpassing the national median of $2,690. Property taxes in Berryton are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Berryton'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 Berryton 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
Berryton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$3,925
Ownwell’s Berryton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Berryton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Berryton 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 Douglas County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Berryton, Kansas
Property taxes in Berryton, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Berryton is 1.39%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Berryton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Berryton 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 Berryton's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66409 zip code has the highest median property tax rate of 1.39%, while the 66409 zip code also has the lowest median tax rate of 1.39%. Understanding how these cities compare with Berryton provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Berryton Tax Rate
1.39%
Average Douglas County Tax Rate
1.47%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Berryton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66409 | 1.32% | 1.34% | 1.39% | 1.52% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Berryton, Kansas
In Berryton, 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 Douglas 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 Berryton, 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 Berryton is $282,360, with tax bills ranging from $3,193 at the 25th percentile to $7,649 at the 90th percentile. Notably, the zip code 66409 has both the highest and lowest median tax bill, each at $3,972. 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 Berryton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Berryton Assessed Value
$282,360
Average Douglas County Assessed Value
$271,900
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Berryton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66409 | $135,768 | $212,310 | $282,360 | $406,940 | $523,804 |
Source: Ownwell
Property Tax Bills Across Berryton, Kansas
In Berryton, property tax bills are calculated based on the assessed value of a home, which is determined by the Douglas County assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Berryton can expect property tax bills that vary widely depending on their property's value and specific tax rate. For instance, the median home price in Berryton is $282,360. Property tax bills in Berryton range significantly, with the 25th percentile at $3,193 and the 75th percentile at $5,557. Those at the 90th percentile face a tax bill of $7,649. These figures highlight the variability in property tax burdens within the area. Comparatively, the national median property tax rate is 0.99%, positioning Berryton's property tax rates as relatively high. This impacts homeowners by increasing the overall cost of owning property, which can influence decisions on buying or selling homes. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Berryton Tax Bill
$3,972
Average Douglas County Tax Bill
$4,065
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Berryton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66409 | $2,093 | $3,193 | $3,972 | $5,557 | $7,649 |
Source: Ownwell