Muscotah, Kansas Property Taxes
The median property tax rate in Muscotah, KS is 1.04%, slightly higher than the national median of 0.99%, yet lower than the Kansas state median of 1.43%. With the median home value in Muscotah at $67,980, the typical annual property tax bill amounts to $694, which is significantly below the national median of $2,690. Property taxes in Muscotah are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Muscotah'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 Muscotah 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
Muscotah, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$707
Ownwell’s Muscotah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Muscotah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Muscotah 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 Muscotah, Kansas
Property taxes in Muscotah, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Muscotah is 1.04%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Muscotah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Muscotah 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 Muscotah's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66058 has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Muscotah 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 Muscotah Tax Rate
1.04%
Average Atchison County Tax Rate
1.45%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Muscotah, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66058 | 0.84% | 0.94% | 1.04% | 1.23% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Muscotah, Kansas
In Muscotah, 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 Muscotah, 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 Muscotah 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 66058, with a median tax bill of $694.00, while the lowest is also 66058 at $694.00.
Average Muscotah Assessed Value
$67,980
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 Muscotah, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66058 | $2,748 | $15,452 | $67,980 | $137,210 | $236,760 |
Source: Ownwell
Property Tax Bills Across Muscotah, Kansas
In Muscotah, property tax bills are calculated based on the assessed value of a home, which is determined by the Atchison County appraiser. The assessed value is a percentage of the market value of the property. The local tax rate is then applied to this assessed value to determine the annual property tax bill. For instance, the median home price in Muscotah is $67,980, and the property tax rate in Kansas is generally lower than the national median of 0.99%. Homeowners in Muscotah can expect a wide range of tax bills. The 25th percentile tax bill is around $218, while the 75th percentile tax bill is approximately $1,569. At the higher end, the 90th percentile tax bill can reach up to $3,810. The highest and lowest median tax bills in the area both stand at $694, indicating some consistency within the region. These property taxes fund essential local services such as schools, emergency services, and infrastructure, directly impacting the quality of life for residents.
Average Muscotah Tax Bill
$694
Average Atchison County Tax Bill
$1,343
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Muscotah, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66058 | $43 | $218 | $694 | $1,569 | $3,810 |
Source: Ownwell