Horton, Kansas Property Taxes
The median property tax rate in Horton, KS is 1.20%, 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 Horton at $139,100, the typical annual property tax bill reaches $2,264, slightly below the national median of $2,690. Property taxes in Horton 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 Horton’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 Horton 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
Horton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,669
Ownwell’s Horton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Horton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Horton 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 Horton, Kansas
Property taxes in Horton, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Horton is 1.20%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Horton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Horton 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 Horton's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66439 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Horton 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 Horton Tax Rate
1.20%
Average Atchison County Tax Rate
1.45%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Horton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66439 | 0.94% | 1.07% | 1.20% | 1.92% | 2.55% |
Source: Ownwell
Property Tax Assessment Values Across Horton, Kansas
In Horton, 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 Horton, 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 highest median tax bill in Horton is $2,264 in the zip code 66439, while the lowest is also $2,264 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Horton Assessed Value
$139,100
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 Horton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66439 | $48,154 | $86,790 | $139,100 | $229,930 | $276,328 |
Source: Ownwell
Property Tax Bills Across Horton, Kansas
In Horton, Kansas, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in Horton stands at $139,100. Property taxes in this region are influenced by various factors, including the local tax rate and the assessed value of the property. The national median property tax rate is 0.99%, but local rates can vary significantly. For homeowners in Horton, tax bills can range widely. At the 25th percentile, tax bills are around $1,123, while those at the 75th percentile can expect to pay approximately $3,271. The top 10% of property tax bills in the area reach up to $5,029. The highest and lowest median tax bills in the county are both $2,264, indicating a relatively consistent tax burden across different areas. These property tax bills can significantly impact homeowners, influencing both monthly expenses and long-term financial planning. Understanding how these taxes are calculated can help homeowners better prepare and manage their finances effectively.
Average Horton Tax Bill
$2,264
Average Atchison County Tax Bill
$1,343
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Horton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66439 | $525 | $1,123 | $2,264 | $3,271 | $5,029 |
Source: Ownwell