Lenexa, Kansas Property Taxes
The median property tax rate in Lenexa, KS is 1.30%, which is considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Lenexa at $341,700, the typical annual property tax bill reaches $4,470, exceeding the national median of $2,690. Property taxes in Lenexa 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 Lenexa'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 Lenexa 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
Lenexa, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$4,442
Ownwell’s Lenexa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lenexa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lenexa 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 Lenexa, Kansas
Property taxes in Lenexa, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lenexa is 1.30%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Lenexa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lenexa 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 Lenexa's effective property tax rate to other areas in Kansas and the national median. For comparison, the 66227 zip code has the highest median property tax rate of 1.48%, while the 66219 zip code has the lowest median tax rate of 1.30%. Understanding how these areas compare with Lenexa provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lenexa Tax Rate
1.30%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lenexa, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66210 | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| 66215 | 1.26% | 1.30% | 1.30% | 1.30% | 1.30% |
| 66216 | 1.30% | 1.30% | 1.30% | 1.30% | 1.34% |
| 66217 | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| 66219 | 1.29% | 1.29% | 1.30% | 1.30% | 1.30% |
| 66220 | 1.47% | 1.48% | 1.48% | 1.48% | 1.48% |
| 66227 | 1.44% | 1.46% | 1.48% | 1.52% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Lenexa, Kansas
In Lenexa, 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 Johnson 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 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 Lenexa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Lenexa is in the 66210 zip code at $3,266.89, while the lowest is in the 66216 zip code at $2,431.00.
Average Lenexa Assessed Value
$341,700
Average Johnson County Assessed Value
$319,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lenexa, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66210 | $23,173,000 | $23,173,000 | $23,173,000 | $23,173,000 | $23,173,000 |
| 66215 | $185,000 | $252,600 | $296,500 | $335,000 | $381,900 |
| 66216 | $150,800 | $154,100 | $178,200 | $281,600 | $293,740 |
| 66217 | $290,250 | $329,800 | $337,000 | $345,625 | $352,100 |
| 66219 | $276,600 | $322,100 | $351,900 | $403,800 | $511,700 |
| 66220 | $366,400 | $415,050 | $500,300 | $618,275 | $733,050 |
| 66227 | $78,985 | $284,950 | $428,000 | $529,938 | $626,900 |
Source: Ownwell
Property Tax Bills Across Lenexa, Kansas
In Lenexa, Johnson County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Lenexa is $341,700. Local tax rates are applied to this assessed value to determine the tax bill. For instance, the tax bill at the 25th percentile is $3,631, while at the 75th percentile, it is $6,274. At the 90th percentile, homeowners might see tax bills as high as $8,657. Various factors influence the final tax bill, including the home's location within different zip codes. For example, the highest median tax bill is $326,689 in zip code 66210, while the lowest is $2,431 in zip code 66216. These taxes fund essential services such as schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Compared to the national median property tax rate of 0.99%, Lenexa's tax rates and resulting bills reflect the value and services provided in the area.
Average Lenexa Tax Bill
$4,470
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Lenexa, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66210 | $326,689 | $326,689 | $326,689 | $326,689 | $326,689 |
| 66215 | $2,374 | $3,239 | $3,773 | $4,321 | $5,031 |
| 66216 | $1,963 | $2,011 | $2,431 | $3,653 | $3,836 |
| 66217 | $3,763 | $4,274 | $4,367 | $4,478 | $4,561 |
| 66219 | $3,641 | $4,192 | $4,565 | $5,244 | $6,618 |
| 66220 | $5,427 | $6,140 | $7,378 | $9,110 | $10,867 |
| 66227 | $1,380 | $4,174 | $6,240 | $7,870 | $9,450 |
Source: Ownwell