Centerville, Kansas Property Taxes
The median property tax rate in Centerville, KS is 1.53%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Centerville, the typical annual property tax bill reaches $2,493, slightly below the national median of $2,690. Property taxes in Centerville 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 Centerville'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 Centerville 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
Centerville, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$2,501
Ownwell’s Centerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Centerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Centerville 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 Centerville, Kansas
Property taxes in Centerville, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Centerville is 1.53%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Centerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Centerville 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 Centerville's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66014 zip code has the highest median property tax rate of 1.53%, while the lowest median tax rate is also 1.53%. Understanding how these cities compare with Centerville provides valuable insights into the varying tax landscape across Anderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Centerville Tax Rate
1.53%
Average Anderson County Tax Rate
1.43%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Centerville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66014 | 1.30% | 1.39% | 1.53% | 1.74% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Centerville, Kansas
In Centerville, 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 Anderson 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 Centerville, 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. For instance, the median home price in Centerville is $163,460, with tax bills ranging from $1,122 at the 25th percentile to $4,482 at the 90th percentile. The highest median tax bill is found in zip code 66014, amounting to $2,493. Being aware of these valuation processes in Centerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Centerville Assessed Value
$163,460
Average Anderson County Assessed Value
$104,340
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Centerville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66014 | $59,828 | $87,680 | $163,460 | $248,920 | $339,650 |
Source: Ownwell
Property Tax Bills Across Centerville, Kansas
In Centerville, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. For homeowners in Centerville, the median home price is $163,460. The tax bill varies significantly, with the 25th percentile at $1,122 and the 75th percentile at $3,855. At the 90th percentile, homeowners can expect to pay around $4,482. These figures illustrate the range of property tax burdens within the city. The highest median tax bill in the area is $2,493, which is also the lowest, indicating a uniform rate within the specific zip code 66014. Compared to the national median property tax rate of 0.99%, Centerville's property tax bills reflect the local economic conditions and municipal budget requirements. For homeowners, understanding these factors is crucial for financial planning and property investment decisions.
Average Centerville Tax Bill
$2,493
Average Anderson County Tax Bill
$1,429
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Centerville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66014 | $932 | $1,122 | $2,493 | $3,855 | $4,482 |
Source: Ownwell