Garden Plain, Kansas Property Taxes
The median property tax rate in Garden Plain, KS is 1.81%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Garden Plain, the typical annual property tax bill reaches $2,999, exceeding the national median of $2,690. Property taxes in Garden Plain are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Garden Plain'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 Garden Plain or another part of Sedgwick County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Garden Plain, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$3,328
Ownwell’s Garden Plain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garden Plain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garden Plain 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 Garden Plain, Kansas
Property taxes in Garden Plain, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Garden Plain is 1.81%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Garden Plain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garden Plain 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 Garden Plain's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67050 zip code has the highest median property tax rate of 1.81%, while the same zip code also represents the lowest median tax rate of 1.81%. Understanding how these cities compare with Garden Plain provides valuable insights into the varying tax landscape across Sedgwick County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garden Plain Tax Rate
1.81%
Average Sedgwick County Tax Rate
1.29%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garden Plain, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67050 | 1.28% | 1.31% | 1.81% | 1.84% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Garden Plain, Kansas
In Garden Plain, 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 Sedgwick 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 Garden Plain, 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. The median home price in Garden Plain stands at $183,840, with tax bills ranging from $2,068 at the 25th percentile to $5,761 at the 90th percentile. The zip code 67050 reports both the highest and lowest median tax bill at $2,999. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to manage the tax burden effectively.
Average Garden Plain Assessed Value
$183,840
Average Sedgwick County Assessed Value
$135,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garden Plain, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67050 | $72,500 | $126,550 | $183,840 | $274,510 | $374,900 |
Source: Ownwell
Property Tax Bills Across Garden Plain, Kansas
In Garden Plain, Sedgwick County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $183,840, homeowners can expect varying tax bills. The 25th percentile tax bill is approximately $2,068, while the 75th percentile reaches around $4,318, and the 90th percentile can be as high as $5,761. Several factors influence the property tax bill, including the property's market value, any applicable exemptions, and the local tax rate. These variables can significantly affect the financial burden on homeowners. Compared to the national median property tax rate of 0.99%, Garden Plain's tax rates can result in higher or lower tax bills depending on the assessed value and applicable exemptions. This system ensures that property taxes are proportionate to the value of the property, impacting homeowners' annual expenses.
Average Garden Plain Tax Bill
$2,999
Average Sedgwick County Tax Bill
$1,835
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Garden Plain, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67050 | $1,050 | $2,068 | $2,999 | $4,318 | $5,761 |
Source: Ownwell