Claflin, Kansas Property Taxes
The median property tax rate in Claflin, KS is 1.94%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Claflin at $96,100, the typical annual property tax bill reaches $1,914, which is below the national median of $2,690. Property taxes in Claflin 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 Claflin'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 Claflin 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
Claflin, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.94%
Estimate Property Tax Bill
$1,864
$1,730
Ownwell’s Claflin Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Claflin. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Claflin to provide an accurate estimate of your property tax bill. This valuable resource helps you gain a clear understanding of your potential tax liabilities. For those interested in more detailed insights, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value is determined by Barton County for tax calculations and includes any applicable exemptions.
Property Tax Rates Across Claflin, Kansas
Property taxes in Claflin, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Claflin is 1.94%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Claflin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Claflin 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 Claflin's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67525 has the highest median property tax rate of 1.94%, while the same zip code also has the lowest median tax rate of 1.94%. Understanding how these cities compare with Claflin provides valuable insights into the varying tax landscape across Barton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Claflin Tax Rate
1.94%
Average Barton County Tax Rate
1.84%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Claflin, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67525 | 1.48% | 1.84% | 1.94% | 2.02% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Claflin, Kansas
In Claflin, 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 Barton 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 Claflin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,914, found in the 67525 zip code.
Average Claflin Assessed Value
$96,100
Average Barton County Assessed Value
$86,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Claflin, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67525 | $25,514 | $57,500 | $96,100 | $155,400 | $225,618 |
Source: Ownwell
Property Tax Bills Across Claflin, Kansas
In Claflin, Barton County, KS, property tax bills are calculated based on the assessed value of your home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of your property. For instance, if the median home price in Claflin is $96,100, the tax assessor will determine a portion of this value to be taxable. Once the assessed value is established, the local tax rate is applied. The property tax rate in Claflin can vary, but it is influenced by factors such as local government budgets, school funding, and public services. Homeowners in Claflin might see a wide range in their tax bills, from the 25th percentile at $1,078 to the 75th percentile at $3,053, with the 90th percentile reaching up to $4,279. These taxes are essential for maintaining community services but can significantly impact homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, Claflin's rates can be relatively high, affecting overall affordability.
Average Claflin Tax Bill
$1,914
Average Barton County Tax Bill
$1,617
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Claflin, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67525 | $486 | $1,078 | $1,914 | $3,053 | $4,279 |
Source: Ownwell