Mayetta, Kansas Property Taxes
The median property tax rate in Mayetta, KS, is 1.39%, slightly below the Kansas state median of 1.43% but still higher than the national median of 0.99%. With a median home value of $150,680, the typical annual property tax bill in Mayetta reaches $1,889, which is significantly lower than the national median of $2,690. Property taxes in Mayetta are calculated based on the assessed value, which often falls below market value due to exemptions like the primary residence and agricultural exemptions. Understanding Mayetta'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 Mayetta 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
Mayetta, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$2,094
Ownwell’s Mayetta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mayetta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mayetta 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 Mayetta, Kansas
Property taxes in Mayetta, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mayetta is 1.39%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Mayetta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mayetta 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 Mayetta's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66509 zip code has the highest median property tax rate of 1.39%, while the same zip code also has the lowest median tax rate of 1.39%. Understanding how these areas compare with Mayetta provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mayetta Tax Rate
1.39%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mayetta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66509 | 1.16% | 1.26% | 1.39% | 1.68% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Mayetta, Kansas
In Mayetta, 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 Jackson 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 Mayetta, 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 Mayetta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,889 in the 66509 zip code, while the lowest median tax bill is also $1,889, making it essential for homeowners to stay informed and proactive.
Average Mayetta Assessed Value
$150,680
Average Jackson County Assessed Value
$133,885
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mayetta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66509 | $44,784 | $80,990 | $150,680 | $214,850 | $288,132 |
Source: Ownwell
Property Tax Bills Across Mayetta, Kansas
In Mayetta, Jackson County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Homeowners in Mayetta can expect their tax bills to vary significantly depending on their property's assessed value. For instance, those in the 25th percentile typically see tax bills around $1,110, while those in the 75th percentile face bills closer to $2,658. At the higher end, the 90th percentile tax bill reaches approximately $3,524. Factors influencing the tax bill include the property's location, size, and any improvements made. These elements contribute to the overall assessed value, which is then multiplied by the local tax rate to determine the final bill. Compared to the national median property tax rate of 0.99%, homeowners in Mayetta experience a range of tax burdens, impacting their financial planning and the overall cost of homeownership in the area.
Average Mayetta Tax Bill
$1,889
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Mayetta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66509 | $670 | $1,110 | $1,889 | $2,658 | $3,524 |
Source: Ownwell