Everest, Kansas Property Taxes
The median property tax rate in Everest, KS is 1.11%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Everest at $180,050, the typical annual property tax bill reaches $2,099, slightly below the national median of $2,690. Property taxes in Everest are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Everest'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 Everest 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
Everest, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,999
$1,855
Ownwell’s Everest Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everest with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everest 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 Everest, Kansas
Property taxes in Everest, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Everest is 1.11%, higher than both the Kansas state median of 1.37% and the U.S. national median of 0.99%. Local government entities within Everest set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everest 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 Everest's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66424 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Everest provides valuable insights into the varying tax landscape across Atchison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Everest Tax Rate
1.11%
Average Atchison County Tax Rate
1.45%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everest, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66424 | 0.96% | 1.03% | 1.11% | 1.88% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Everest, Kansas
In Everest, 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 Atchison 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 Everest, 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 Everest is $180,050, with tax bills ranging significantly. The 25th percentile tax bill is $1,277, while the 75th percentile reaches $3,040. Interestingly, the highest and lowest median tax bills in Everest are both $2,099, found in zip code 66424. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Everest Assessed Value
$180,050
Average Atchison County Assessed Value
$101,645
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Everest, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66424 | $64,468 | $125,520 | $180,050 | $249,550 | $452,632 |
Source: Ownwell
Property Tax Bills Across Everest, Kansas
In Everest, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the Atchison County Assessor's Office. This assessed value is a percentage of the market value of the property, reflecting current real estate trends. The tax rate, or mill levy, is then applied to this assessed value to calculate the final tax bill. Factors such as the location of the property, any applicable exemptions, and the services funded by property taxes, like schools and public safety, are considered in this calculation. Homeowners in Everest experience a range of property tax bills. For instance, the 25th percentile tax bill is $1,277, while the 75th percentile tax bill is $3,040. At the higher end, the 90th percentile tax bill reaches $5,653. Compared to the national median property tax rate of 0.99%, these figures illustrate the variability within the area. Understanding these factors can help homeowners better anticipate their annual tax obligations and plan their finances accordingly.
Average Everest Tax Bill
$2,099
Average Atchison County Tax Bill
$1,343
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Everest, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66424 | $659 | $1,277 | $2,099 | $3,040 | $5,653 |
Source: Ownwell