Mahaska, Kansas Property Taxes
The median property tax rate in Mahaska, KS is 1.22%, considerably higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Mahaska at $50,325, the typical annual property tax bill reaches $553, which is significantly below the national median of $2,690. Property taxes in Mahaska 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 Mahaska'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 Mahaska or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mahaska, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$614
Ownwell’s MAHASKA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MAHASKA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MAHASKA 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 Mahaska, Kansas
Property taxes in Mahaska, Kansas, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Mahaska is 1.22%, which is significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Mahaska set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mahaska 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 Mahaska's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66955 has the highest median property tax rate of 1.22%, while the same zip code has the lowest median tax rate of 1.22%. Understanding how these cities compare with Mahaska provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mahaska Tax Rate
1.22%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mahaska, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66955 | 0.45% | 0.79% | 1.22% | 1.69% | 2.41% |
Source: Ownwell
Property Tax Assessment Values Across Mahaska, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Mahaska, 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 local appraisal districts 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 Mahaska, 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. For example, the median home price in Mahaska is $50,325. Understanding the distinction between these valuation concepts can help property owners better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest and lowest median tax bills in the area are both $553, found in zip code 66955. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mahaska Assessed Value
$50,325
Average Washington County Assessed Value
$82,220
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mahaska, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66955 | $4,040 | $13,105 | $50,325 | $109,445 | $196,465 |
Source: Ownwell
Property Tax Bills Across Mahaska, Kansas
Property tax bills in Mahaska, Washington County, KS, are determined by assessing the value of a property and applying the local tax rate to that assessed value. The median home price in Mahaska is $50,325. Property tax rates in this region can vary significantly, with tax bills ranging from the 25th percentile at $123 to the 90th percentile at $3,382. The highest and lowest median tax bills both stand at $553 in the zip code 66955, reflecting a uniform rate within that area. Several factors influence the tax bill, including the property’s assessed value, local tax rates, and any applicable exemptions. For homeowners, this means that a higher assessed value or fewer exemptions can lead to a larger tax bill. Compared to the national median property tax rate of 0.99%, Mahaska’s tax rates can be seen as relatively moderate, providing a sense of financial predictability for residents. Understanding these elements helps homeowners anticipate their annual tax obligations and manage their finances effectively.
Average Mahaska Tax Bill
$553
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Mahaska, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66955 | $39 | $123 | $553 | $1,607 | $3,382 |
Source: Ownwell