Viola, Kansas Property Taxes
The median property tax rate in Viola, KS is 1.32%, which is notably higher than the national median of 0.99% but slightly below the Kansas state median of 1.43%. With a median home value of $153,590 in Viola, the typical annual property tax bill amounts to $2,020, falling short of the national median of $2,690. Property taxes in Viola are determined based on the assessed value, which is generally lower than the market value due to exemptions like primary residence and agricultural exemptions. Gaining a thorough understanding of Viola's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you reside in the heart of Viola or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Viola, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$2,027
Ownwell’s Viola Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Viola with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Viola 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 Viola, Kansas
Property taxes in Viola, Kansas, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Viola is 1.32%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Viola set these rates annually, and they can vary significantly across different neighborhoods. Each year, Viola 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 Viola's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67149 zip code has the highest median property tax rate of 1.32%, while the same zip code also reflects the lowest median tax rate of 1.32%. Understanding how these cities compare with Viola 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 Viola Tax Rate
1.32%
Average Sedgwick County Tax Rate
1.29%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Viola, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67149 | 1.24% | 1.28% | 1.32% | 1.38% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Viola, Kansas
In Viola, 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 Viola, 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 Viola helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 67149, both at $2020.
Average Viola Assessed Value
$153,590
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 Viola, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67149 | $41,595 | $70,718 | $153,590 | $270,695 | $382,535 |
Source: Ownwell
Property Tax Bills Across Viola, Kansas
In Viola, Sedgwick County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county assessor determines this assessed value, which is then multiplied by the local tax rate to calculate the tax bill. Several factors influence this process, including property size, location, and market conditions. For example, a home with a median price of $153,590 can expect a tax bill ranging from $913 at the 25th percentile to $4,939 at the 90th percentile. Comparatively, the national median property tax rate stands at 0.99%, making it crucial for homeowners to understand how local rates can impact their finances. Viola's property tax rates can significantly affect homeowners, with the highest median tax bill recorded at $2,020 in the zip code 67149. Understanding these factors helps homeowners anticipate their annual tax obligations and budget accordingly.
Average Viola Tax Bill
$2,020
Average Sedgwick County Tax Bill
$1,835
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Viola, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67149 | $497 | $913 | $2,020 | $3,607 | $4,939 |
Source: Ownwell