Utica, Kansas Property Taxes
The median property tax rate in Utica, Kansas is 0.56%, considerably lower than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Utica being $274,270, the typical annual property tax bill reaches $1,538, significantly below the national median of $2,690. Property taxes in Utica 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 Utica'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 Utica 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
Utica, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,536
Ownwell’s Utica Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Utica with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Utica to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities, making it easier to plan your finances. For those interested in more granular data, scroll down to find localized information on neighborhood trends. Your property’s assessed value is determined by Gove County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Utica, Kansas
Property taxes in Utica, Kansas, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Utica is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Utica set these rates annually, and they can vary significantly across different neighborhoods. Each year, Utica 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 Utica's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 67584 has both the highest and lowest median property tax rate of 0.56%. Understanding how these areas compare with Utica provides valuable insights into the varying tax landscape across Gove County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Utica Tax Rate
0.56%
Average Gove County Tax Rate
1.81%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Utica, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67584 | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Utica, Kansas
In Utica, 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 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 Utica, 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 Utica helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $1,538, found in the 67584 zip code.
Average Utica Assessed Value
$274,270
Average Gove County Assessed Value
$74,990
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Utica, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67584 | $274,270 | $274,270 | $274,270 | $274,270 | $274,270 |
Source: Ownwell
Property Tax Bills Across Utica, Kansas
In Utica, located in Gove County, KS, property tax bills are determined by assessing the value of a homeowner's property. The assessed value is typically a percentage of the market value of the home. For instance, with a median home price of $274,270, local tax authorities apply the county's tax rate to this assessed value to calculate the annual tax bill. The factors considered include the property's location, size, and any improvements made to it. Homeowners in Utica can expect a median tax bill of $1,538, which falls at the 25th, 75th, and 90th percentiles, indicating a consistent tax rate across various property values. This amount is significantly lower than the national median property tax rate of 0.99%, making Utica an appealing place for homeowners looking for affordable property taxes. Understanding these factors helps homeowners budget effectively and anticipate their annual financial obligations related to property ownership.
Average Utica Tax Bill
$1,538
Average Gove County Tax Bill
$1,267
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Utica, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67584 | $1,538 | $1,538 | $1,538 | $1,538 | $1,538 |
Source: Ownwell