Turon, Kansas Property Taxes
The median property tax rate in Turon, KS is 3.31%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Turon at $24,550, the typical annual property tax bill reaches $781, which is below the national median of $2,690. Property taxes in Turon are determined based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Navigating Turon's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Turon or another part of Reno County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Turon, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.31%
Estimate Property Tax Bill
$813
Ownwell’s Turon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Turon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Turon 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 Turon, Kansas
Property taxes in Turon, Kansas, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Turon is 3.31%, significantly higher than the Kansas state median and the U.S. national median of 0.99%. Local government entities within Turon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Turon 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 Turon's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67583 has both the highest and lowest median property tax rate of 3.31%. Understanding how these cities compare with Turon provides valuable insights into the varying tax landscape across Reno County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Turon Tax Rate
3.31%
Average Reno County Tax Rate
1.97%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Turon, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67583 | 2.01% | 3.19% | 3.31% | 3.89% | 5.93% |
Source: Ownwell
Property Tax Assessment Values Across Turon, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Turon, 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 Reno 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. Assessment notices in Turon 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. Being aware of these valuation processes in Turon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Turon is $781 in the 67583 zip code, while the lowest is also $781 in the same zip code.
Average Turon Assessed Value
$24,550
Average Reno County Assessed Value
$94,015
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Turon, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67583 | $3,396 | $9,500 | $24,550 | $48,720 | $107,492 |
Source: Ownwell
Property Tax Bills Across Turon, Kansas
In Turon, located in Reno County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax rates, also known as mill levies, are then applied to this assessed value to determine the final tax bill. For instance, with a median home price of $24,550, homeowners can expect varying tax bills depending on their property's assessed value and the applicable mill levy. Several factors influence the tax bill, including the property's location within specific school districts or special assessment areas, which might have additional levies. In Turon, the tax bill can range significantly. For example, at the 25th percentile, homeowners might pay around $376, while those at the 75th percentile could see bills as high as $1,497. At the 90th percentile, tax bills can reach up to $2,589. These property taxes fund essential local services like schools, public safety, and infrastructure, directly impacting the quality of life for Turon residents. Understanding these factors can help homeowners anticipate their annual property tax obligations.
Average Turon Tax Bill
$781
Average Reno County Tax Bill
$1,843
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Turon, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67583 | $193 | $376 | $781 | $1,497 | $2,589 |
Source: Ownwell