Roeland Park, Kansas Property Taxes
The median property tax rate in Roeland Park, KS is 1.46%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Roeland Park at $259,500, the typical annual property tax bill reaches $3,851, exceeding the national median of $2,690. Property taxes in Roeland Park 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 Roeland Park'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 Roeland Park 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
Roeland Park, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$3,789
Ownwell’s Roeland Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roeland Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roeland Park 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 Roeland Park, Kansas
Property taxes in Roeland Park, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roeland Park is 1.46%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Roeland Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roeland Park 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 Roeland Park's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66205 has the highest median property tax rate of 1.46%, while zip code 66202 has the lowest median tax rate of 1.46%. Understanding how these cities compare with Roeland Park 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 Roeland Park Tax Rate
1.46%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roeland Park, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66202 | 1.44% | 1.45% | 1.46% | 1.50% | 1.52% |
| 66205 | 1.44% | 1.45% | 1.46% | 1.52% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Roeland Park, Kansas
In Roeland Park, 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. In Roeland Park, 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. The highest median tax bill in Roeland Park is $3,864 in the 66202 zip code, while the lowest is $3,851 in the 66205 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Roeland Park, Kansas
Source: Ownwell
$2,580
$11,587,790
$23,173,000
Average Roeland Park Assessed Value
$259,500
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 Roeland Park, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66202 | $215,170 | $232,125 | $259,600 | $286,800 | $322,100 |
| 66205 | $203,210 | $223,850 | $259,500 | $314,575 | $381,980 |
Source: Ownwell
Property Tax Bills Across Roeland Park, Kansas
In Roeland Park, Johnson County, KS, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and typically represents a percentage of the home's market value. For instance, if the median home price in Roeland Park is $259,500, the assessed value will be a fraction of this amount. Once the assessed value is determined, local tax rates are applied to calculate the property tax bill. These rates are influenced by various factors, including local government budgets, school funding, and public services. Homeowners in Roeland Park can expect tax bills to vary significantly. For example, the 25th percentile tax bill is around $3,351, while the 75th percentile tax bill reaches approximately $4,599. At the 90th percentile, homeowners might see tax bills as high as $5,543. Comparatively, the median property tax rate in Roeland Park can be higher than the national median of 0.99%, affecting homeowners' annual expenses. High property taxes can impact affordability and the overall cost of owning a home in this region.
Average Roeland Park Tax Bill
$3,851
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Roeland Park, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66202 | $3,149 | $3,420 | $3,864 | $4,234 | $4,651 |
| 66205 | $3,017 | $3,348 | $3,851 | $4,635 | $5,618 |
Source: Ownwell