Westphalia, Kansas Property Taxes
The median property tax rate in Westphalia, Kansas is 1.45%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Westphalia, the typical annual property tax bill reaches $1,376, which is below the national median of $2,690. Property taxes in Westphalia 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 Westphalia'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 Westphalia or another part of Anderson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Westphalia, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$1,359
$1,261
Ownwell’s Westphalia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Westphalia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Westphalia 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 Anderson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Westphalia, Kansas
Property taxes in Westphalia, Kansas, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Westphalia is 1.45%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Westphalia set these rates annually, and they can vary considerably across different neighborhoods. Each year, Westphalia 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 Westphalia's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66093 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Westphalia 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 Westphalia Tax Rate
1.45%
Average Anderson County Tax Rate
1.43%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westphalia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66093 | 1.07% | 1.28% | 1.45% | 2.00% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Westphalia, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Westphalia, 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 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. 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 Westphalia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 66093, with a median bill of $1,376.
Average Westphalia Assessed Value
$93,750
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 Westphalia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66093 | $11,161 | $38,202 | $93,750 | $180,508 | $249,609 |
Source: Ownwell
Property Tax Bills Across Westphalia, Kansas
In Westphalia, Anderson County, KS, property tax bills are calculated based on the assessed value of your home, which is derived from its market value. The median home price in this area is $93,750. Property tax rates are applied to this assessed value to determine the final tax bill. Various factors, including the property's location, size, and condition, influence the assessed value. Homeowners in Westphalia can expect their tax bills to vary widely. For instance, the 25th percentile tax bill stands at $530, while those in the 75th percentile pay around $2,993. The 90th percentile tax bill reaches up to $3,957. These variations can significantly impact homeowners, affecting their annual budget and financial planning. Comparing these figures to the national median property tax rate of 0.99%, Westphalia's tax rates show a broad range, reflecting the diverse property values and local assessment practices. Understanding these factors can help homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Westphalia Tax Bill
$1,376
Average Anderson County Tax Bill
$1,429
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Westphalia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66093 | $200 | $530 | $1,376 | $2,993 | $3,957 |
Source: Ownwell