Whitewater, Kansas Property Taxes
The median property tax rate in Whitewater, KS is 1.40%, slightly lower than the Kansas state median of 1.43% but still higher than the national median of 0.99%. With a median home value of $226,930 in Whitewater, the typical annual property tax bill reaches $3,283, which exceeds the national median of $2,690. Property taxes in Whitewater are calculated based on the assessed value, typically lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Whitewater'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 Whitewater 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
Whitewater, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$3,177
Ownwell’s Whitewater Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitewater with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitewater 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 Whitewater, Kansas
Property taxes in Whitewater, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitewater is 1.40%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Whitewater set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitewater 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 Whitewater's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67154 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Whitewater provides valuable insights into the varying tax landscape across Harvey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Whitewater Tax Rate
1.40%
Average Harvey County Tax Rate
1.99%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitewater, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67154 | 1.32% | 1.38% | 1.40% | 1.55% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Whitewater, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Whitewater, KS. 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 Harvey 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 in Whitewater 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 Whitewater helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Whitewater is $226,930, with the highest median tax bill in the 67154 zip code at $3,283.
Average Whitewater Assessed Value
$226,930
Average Harvey County Assessed Value
$132,235
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Whitewater, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67154 | $78,686 | $148,065 | $226,930 | $312,592 | $410,217 |
Source: Ownwell
Property Tax Bills Across Whitewater, Kansas
In Whitewater, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the local county assessor. The assessed value is a percentage of the property's market value. Several factors influence this valuation, including the property's location, size, and condition. The median home price in Whitewater is $226,930, which gives a general idea of the market values in the area. Homeowners in Whitewater can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $2,230, while the 75th percentile reaches up to $4,935. For those at the 90th percentile, the tax bill can be as high as $6,880. These amounts are influenced by the specific assessed value of each property and the tax rate set by local authorities. Compared to the national median property tax rate of 0.99%, Whitewater's property taxes can be seen as moderately high, impacting homeowners' annual financial obligations significantly.
Average Whitewater Tax Bill
$3,283
Average Harvey County Tax Bill
$2,442
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitewater, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67154 | $1,036 | $2,230 | $3,283 | $4,935 | $6,880 |
Source: Ownwell