Lansing, Kansas Property Taxes
The median property tax rate in Lansing, KS is 1.42%, slightly below the Kansas state median of 1.43% but significantly higher than the national median of 0.99%. With a median home value of $260,020, the typical annual property tax bill in Lansing reaches $3,698, surpassing the national median of $2,690. Property taxes in Lansing 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 Lansing'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 Lansing 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
Lansing, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$3,692
Ownwell’s Lansing Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lansing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lansing 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 Lansing, Kansas
Property taxes in Lansing, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lansing is 1.42%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Lansing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lansing 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 Lansing's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66043 zip code has the highest median property tax rate of 1.42%, while the 66043 zip code also has the lowest median tax rate of 1.42%. Understanding how these cities compare with Lansing provides valuable insights into the varying tax landscape across Leavenworth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lansing Tax Rate
1.42%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lansing, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66043 | 1.35% | 1.40% | 1.42% | 1.44% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Lansing, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lansing, Kansas. 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 Leavenworth 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 Lansing, 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 zip code 66043 has the highest median tax bill at $3,698, which is also the lowest median tax bill in the area. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lansing Assessed Value
$260,020
Average Leavenworth County Assessed Value
$241,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lansing, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66043 | $137,330 | $199,685 | $260,020 | $345,000 | $419,935 |
Source: Ownwell
Property Tax Bills Across Lansing, Kansas
In Lansing, located in Leavenworth County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $260,020, homeowners can expect varying tax bills across different percentiles. At the 25th percentile, the tax bill is around $2,817, while at the 75th percentile, it rises to approximately $4,931. The highest tax bills, around the 90th percentile, can reach up to $5,978. These tax bills are influenced by several factors, including changes in property values, local government budgets, and voter-approved measures. Homeowners in Lansing should be aware of these variables as they directly impact the amount they owe annually. Compared to the national median property tax rate of 0.99%, Lansing's property taxes can be relatively high, emphasizing the importance of understanding how these taxes are calculated and their potential financial impact.
Average Lansing Tax Bill
$3,698
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Lansing, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66043 | $1,954 | $2,817 | $3,698 | $4,931 | $5,978 |
Source: Ownwell