Westmoreland, Kansas Property Taxes
The median property tax rate in Westmoreland, KS is 1.22%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $135,930 in Westmoreland, the typical annual property tax bill amounts to $1,506, which is below the national median of $2,690. Property taxes in Westmoreland are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Westmoreland'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 Westmoreland 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
Westmoreland, Kansas 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 Westmoreland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Westmoreland with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate for Westmoreland to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, making financial planning easier. For those curious about neighborhood-specific trends, additional localized information is available below. Your property’s assessed value is determined by the county for tax calculations and includes any applicable exemptions.
Property Tax Rates Across Westmoreland, Kansas
Property taxes in Westmoreland, Kansas, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Westmoreland is 1.22%, which is higher than the U.S. national median of 0.99%. Local government entities within Westmoreland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Westmoreland 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 Westmoreland's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 66549 has both the highest and lowest median property tax rate of 1.22%. Understanding how these areas compare with Westmoreland 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 Westmoreland Tax Rate
1.22%
Average Pottawatomie County Tax Rate
1.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westmoreland, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66549 | 0.86% | 0.98% | 1.22% | 1.35% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Westmoreland, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Westmoreland, 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 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 Westmoreland, 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 instance, the median home price in Westmoreland is $135,930, with tax bills ranging from $891 at the 25th percentile to $3,538 at the 90th percentile. The zip code with the highest median tax bill is 66549, at $1,506, which is also the lowest median tax bill for the area. 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 Westmoreland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Westmoreland Assessed Value
$135,930
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 Westmoreland, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66549 | $35,410 | $80,205 | $135,930 | $212,695 | $299,424 |
Source: Ownwell
Property Tax Bills Across Westmoreland, Kansas
In Westmoreland, KS, located in Pottawatomie County, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. For homeowners, this means that the assessed value is multiplied by the local tax rate to determine the annual tax bill. The median home price in Westmoreland is $135,930, which provides a baseline for understanding typical tax liabilities. Several factors influence the final tax bill, including the home's location, its assessed value, and specific local tax rates. For instance, the tax bill at the 25th percentile is $891, while at the 75th percentile, it rises to $2,544, and at the 90th percentile, it can reach $3,538. Comparatively, the national median property tax rate is 0.99%, which helps highlight how Westmoreland's tax rates can vary. Understanding these factors is crucial for homeowners as it directly impacts their annual expenses. High property taxes can significantly affect affordability and budgeting, making it essential for homeowners to stay informed about their tax obligations.
Average Westmoreland Tax Bill
$1,506
Average Pottawatomie County Tax Bill
$2,156
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Westmoreland, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66549 | $360 | $891 | $1,506 | $2,544 | $3,538 |
Source: Ownwell