Saint Marys, Kansas Property Taxes
The median property tax rate in Saint Marys, KS is 0.80%, which is lower than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $194,430 in Saint Marys, the typical annual property tax bill comes to $1,566, significantly below the national median of $2,690. Property taxes in Saint Marys are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. By understanding Saint Marys' property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether residing in the heart of Saint Marys or elsewhere in the city, gaining insights into the local property tax system is crucial for financial planning and investment strategies.
Last Updated June 14, 2024
Saint Marys, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$1,555
Ownwell’s Saint Marys Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Marys with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Marys 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 Saint Marys, Kansas
Property taxes in Saint Marys, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Marys is 0.80%, which is lower than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Saint Marys set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Marys 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 Saint Marys' effective property tax rate to other counties in Kansas and the national median. For comparison, the 66536 zip code has the highest median property tax rate of 0.80%, while the same zip code also has the lowest median tax rate of 0.80%. Understanding how these cities compare with Saint Marys provides valuable insights into the varying tax landscape across Pottawatomie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Marys Tax Rate
0.80%
Average Pottawatomie County Tax Rate
1.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | 0.68% | 0.75% | 0.80% | 0.86% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Saint Marys, Kansas
In Saint Marys, 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 Pottawatomie 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 Saint Marys, 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. For example, the median home price is $194,430, and tax bills can range significantly, with the 25th percentile at $1,094 and the 90th percentile at $2,602. The highest and lowest median tax bills are both $1,566, found in the 66536 zip code. 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 Saint Marys helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Marys Assessed Value
$194,430
Average Pottawatomie County Assessed Value
$216,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | $94,727 | $140,602 | $194,430 | $255,680 | $334,209 |
Source: Ownwell
Property Tax Bills Across Saint Marys, Kansas
In Saint Marys, KS, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $194,430, homeowners can expect varying tax bills depending on the assessed value and specific tax rates applied. Factors such as location within Pottawatomie County, property size, and any applicable exemptions or deductions play significant roles in determining the final tax bill. Homeowners in the 25th percentile see tax bills around $1,094, while those in the 75th percentile face bills closer to $2,023. The highest tax bills, in the 90th percentile, can reach up to $2,602. These property taxes contribute to local services like schools, infrastructure, and public safety, directly impacting the quality of life in Saint Marys. Understanding how these taxes are calculated helps homeowners manage their finances and anticipate yearly expenses.
Average Saint Marys Tax Bill
$1,566
Average Pottawatomie County Tax Bill
$2,156
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | $697 | $1,094 | $1,566 | $2,023 | $2,602 |
Source: Ownwell