Satanta, Kansas Property Taxes
The median property tax rate in Satanta, KS is 1.57%, significantly higher than both the national median of 0.99% and Kansas' state median of 1.43%. With the median home value in Satanta at $134,785, the typical annual property tax bill reaches $1,626, which is below the national median of $2,690. Property taxes in Satanta are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural use. Understanding Satanta'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 Satanta or another part of the city, a thorough grasp of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Satanta, 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 Satanta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Satanta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Satanta 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 Satanta, Kansas
Property taxes in Satanta, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Satanta is 1.57%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Satanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Satanta 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 Satanta's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67870 zip code has the highest median property tax rate of 1.57%, while it also has the lowest median tax rate of 1.57%. Understanding how these cities compare with Satanta provides valuable insights into the varying tax landscape across Seward County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Satanta Tax Rate
1.57%
Average Seward County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Satanta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67870 | 1.50% | 1.54% | 1.57% | 1.66% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Satanta, Kansas
In Satanta, 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 Seward 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 Satanta, 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. The median home price in Satanta is $134,785, with the 25th percentile tax bill at $1,534 and the 75th percentile at $1,895. The highest and lowest median tax bills are both $1,626 in zip code 67870. Being aware of these valuation processes in Satanta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Satanta Assessed Value
$134,785
Average Seward County Assessed Value
$105,380
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Satanta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67870 | $64,774 | $101,772 | $134,785 | $173,595 | $269,143 |
Source: Ownwell
Property Tax Bills Across Satanta, Kansas
In Satanta, located in Seward County, KS, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the property's market value. Homeowners in Satanta can expect their tax bills to vary, with the 25th percentile tax bill at approximately $1,534 and the 75th percentile reaching around $1,895. For those in the higher tax bracket, the 90th percentile tax bill can be as high as $2,270. The median home price in Satanta is $134,785, which influences the overall tax burden. Compared to the national median property tax rate of 0.99%, the tax rates in Satanta can be seen as relatively moderate. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding these factors helps homeowners anticipate their annual financial obligations and the benefits they receive in return.
Average Satanta Tax Bill
$1,626
Average Seward County Tax Bill
$2,119
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Satanta, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67870 | $1,477 | $1,534 | $1,626 | $1,895 | $2,270 |
Source: Ownwell