Mcpherson County Property Taxes
The median property tax rate in McPherson County is 1.47%, which is significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in McPherson County, the typical annual property tax bill reaches $2,306, which is below the national median of $2,690. Property taxes in McPherson County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding McPherson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in McPherson or another part of McPherson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mcpherson County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s McPherson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in McPherson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in McPherson County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Mcpherson County, Kansas
Property taxes in McPherson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in McPherson County is 1.47%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within McPherson County set these rates annually, and they can vary significantly between different areas within the county. Each year, McPherson County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares McPherson County's effective property tax rate with other counties in Kansas and the national median. For comparison, the city of Inman has one of the higher property tax rates in Kansas at 1.67%, while the city of Carlton boasts one of the lowest at 0.63%. Analyzing how McPherson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mcpherson County Tax Rate
1.47%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mcpherson County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Assaria | 1.02% | 1.26% | 1.38% | 1.51% | 2.64% |
| Canton | 1.20% | 1.39% | 1.60% | 1.70% | 1.77% |
| Carlton | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Galva | 1.33% | 1.41% | 1.62% | 1.68% | 1.73% |
| Gypsum | 0.96% | 1.11% | 1.21% | 1.49% | 1.75% |
| Hesston | 1.24% | 1.28% | 1.42% | 1.50% | 1.60% |
| Inman | 1.17% | 1.25% | 1.67% | 1.82% | 1.85% |
| Lindsborg | 1.04% | 1.29% | 1.36% | 1.39% | 1.40% |
| Marquette | 1.07% | 1.36% | 1.48% | 1.55% | 1.60% |
| Mcpherson | 1.17% | 1.42% | 1.49% | 1.52% | 1.55% |
| Moundridge | 1.25% | 1.36% | 1.45% | 1.51% | 1.54% |
| Newton | 1.15% | 1.19% | 1.25% | 1.51% | 1.68% |
| Roxbury | 0.93% | 0.95% | 0.97% | 1.01% | 1.10% |
| Windom | 1.16% | 1.25% | 1.49% | 1.62% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Mcpherson County, Kansas
In McPherson County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the McPherson County Appraisal District. The assessed value, however, 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 McPherson County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Hesston has the highest median tax bill at $3,861, while Roxbury has the lowest at $382. Being aware of these valuation processes in McPherson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Mcpherson County, Kansas
Source: Ownwell
$40,240
$157,955
$275,670
Average Mcpherson County Assessed Value
$161,285
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mcpherson County, Kansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Assaria | $87,388 | $180,190 | $184,870 | $254,550 | $262,518 |
| Canton | $39,554 | $74,100 | $120,180 | $190,080 | $274,092 |
| Carlton | $112,450 | $112,450 | $112,450 | $112,450 | $112,450 |
| Galva | $92,104 | $141,485 | $197,860 | $260,425 | $328,376 |
| Gypsum | $41,194 | $87,442 | $155,215 | $204,585 | $278,772 |
| Hesston | $204,202 | $244,472 | $275,670 | $319,005 | $447,210 |
| Inman | $76,860 | $120,600 | $169,590 | $232,510 | $304,314 |
| Lindsborg | $79,974 | $119,658 | $171,215 | $240,132 | $311,558 |
| Marquette | $25,432 | $46,050 | $87,540 | $141,810 | $194,500 |
| Mcpherson | $70,242 | $109,385 | $164,720 | $233,360 | $309,575 |
| Moundridge | $74,420 | $101,970 | $155,700 | $215,260 | $274,310 |
| Newton | $95,290 | $108,175 | $135,315 | $194,800 | $220,840 |
| Roxbury | $6,068 | $25,605 | $40,240 | $55,730 | $63,056 |
| Windom | $17,050 | $50,925 | $126,930 | $198,345 | $305,240 |
Source: Ownwell
Property Tax Bills Across Mcpherson County, Kansas
In McPherson 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 McPherson County is $161,285, and the tax rate is applied to this assessed value to determine the annual property tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. Homeowners in McPherson County can expect a wide range of tax bills. The tax bill at the 25th percentile is $1,496, while at the 75th percentile, it rises to $3,292. Those at the 90th percentile face tax bills as high as $4,396. The city of Hesston has the highest median tax bill at $3,861, whereas Roxbury has the lowest at $382. These variations significantly affect homeowners, impacting their annual financial planning and overall cost of homeownership. Compared to the national median property tax rate of 0.99%, McPherson County presents a diverse tax landscape for its residents.
Average Mcpherson County Tax Bill
$2,306
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcpherson County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Assaria | $1,429 | $2,275 | $2,309 | $2,558 | $3,330 |
| Canton | $606 | $1,148 | $1,909 | $2,783 | $3,967 |
| Carlton | $708 | $708 | $708 | $708 | $708 |
| Galva | $1,443 | $2,174 | $3,121 | $4,056 | $5,196 |
| Gypsum | $361 | $1,243 | $2,070 | $2,820 | $4,395 |
| Hesston | $2,682 | $3,515 | $3,861 | $4,203 | $6,828 |
| Inman | $1,169 | $1,837 | $2,571 | $3,465 | $4,808 |
| Lindsborg | $965 | $1,539 | $2,213 | $3,153 | $4,030 |
| Marquette | $342 | $638 | $1,176 | $1,928 | $2,678 |
| Mcpherson | $988 | $1,548 | $2,359 | $3,360 | $4,511 |
| Moundridge | $1,007 | $1,451 | $2,230 | $3,059 | $3,981 |
| Newton | $1,138 | $1,311 | $2,090 | $2,665 | $3,087 |
| Roxbury | $98 | $242 | $382 | $559 | $701 |
| Windom | $244 | $787 | $1,722 | $2,863 | $4,165 |
Source: Ownwell