Lindsborg, Kansas Property Taxes
The median property tax rate in Lindsborg, KS is 1.13%, which is higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $192,065 in Lindsborg, the typical annual property tax bill amounts to $2,189, falling below the national median of $2,690. Property taxes in Lindsborg are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Lindsborg'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 Lindsborg or another part of Saline County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lindsborg, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$2,170
Ownwell’s Lindsborg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lindsborg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lindsborg 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 Lindsborg, Kansas
Property taxes in Lindsborg, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lindsborg is 1.13%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Lindsborg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lindsborg 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 Lindsborg's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67456 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Lindsborg provides valuable insights into the varying tax landscape across Saline County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lindsborg Tax Rate
1.13%
Average Saline County Tax Rate
1.59%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lindsborg, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67456 | 0.77% | 0.99% | 1.13% | 1.32% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Lindsborg, Kansas
In Lindsborg, 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 Saline 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 Lindsborg, 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. Being aware of these valuation processes in Lindsborg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 67456 has the highest and lowest median tax bill at $2,189, offering a clear picture of the property tax landscape in the region.
Average Lindsborg Assessed Value
$192,065
Average Saline County Assessed Value
$132,900
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lindsborg, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67456 | $59,626 | $133,600 | $192,065 | $246,480 | $304,400 |
Source: Ownwell
Property Tax Bills Across Lindsborg, Kansas
In Lindsborg, located in Saline County, KS, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Lindsborg is $192,065. Property tax rates in this region are applied to the assessed value to determine the annual tax bill. For instance, the median property tax bill in this area is $2,189, which aligns with the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's size, location, and condition. Homeowners in Lindsborg can expect their tax bills to range significantly, with the 25th percentile at $1,383 and the 75th percentile reaching $2,997. At the 90th percentile, tax bills can go up to $3,618. These taxes fund local services such as schools, public safety, and infrastructure, impacting the overall quality of life for residents. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average Lindsborg Tax Bill
$2,189
Average Saline County Tax Bill
$2,055
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Lindsborg, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67456 | $672 | $1,383 | $2,189 | $2,997 | $3,618 |
Source: Ownwell