Huron, Kansas Property Taxes
The median property tax rate in Huron, KS is 1.31%, considerably higher than the national median of 0.99% but slightly lower than the Kansas state median of 1.43%. With the median home value in Huron, the typical annual property tax bill reaches $49, which is significantly below the national median of $2,690. Property taxes in Huron 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 Huron'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 Huron 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
Huron, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$49
Ownwell’s Huron Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huron with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huron 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 Huron, Kansas
Property taxes in Huron, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huron is 1.31%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Huron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huron 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 Huron's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66041 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Huron 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 Huron Tax Rate
1.31%
Average Atchison County Tax Rate
1.45%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huron, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66041 | 1.30% | 1.30% | 1.31% | 1.43% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Huron, Kansas
In Huron, 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 Huron, 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 Huron helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Huron is $3,770, with tax bills ranging from $43 at the 25th percentile to $68 at the 90th percentile.
Average Huron Assessed Value
$3,770
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 Huron, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66041 | $3,002 | $3,290 | $3,770 | $4,225 | $4,498 |
Source: Ownwell
Property Tax Bills Across Huron, Kansas
In Huron, located in Atchison County, KS, property tax bills are calculated based on the assessed value of your home, which is derived from its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $3,770, homeowners in Huron can expect their tax bills to vary significantly. At the 25th percentile, tax bills are around $43, while at the 75th percentile, they rise to approximately $61, and at the 90th percentile, they can reach up to $68. Several factors influence the assessed value, including property size, location, and improvements. These elements collectively determine the market value, which is then assessed by local authorities. The tax rate in Huron is influenced by local budgetary needs and public services. Homeowners in Huron benefit from relatively low property taxes compared to the national median property tax rate of 0.99%, making it an attractive option for those looking to minimize their annual property tax burden.
Average Huron Tax Bill
$49
Average Atchison County Tax Bill
$1,343
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Huron, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66041 | $39 | $43 | $49 | $61 | $68 |
Source: Ownwell