Susank, Barton County, Kansas Property Taxes
The median property tax rate in Susank, KS is 1.27%, which is higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Susank being $10,410, the typical annual property tax bill amounts to $130, significantly below the national median of $2,690. Property taxes in Susank are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Susank'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 Susank 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
Susank, Barton County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$132
$123
Ownwell’s SUSANK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SUSANK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SUSANK 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 Susank, Barton County, Kansas
Property taxes in Susank, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Susank is 1.27%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Susank set these rates annually, and they can vary significantly across different neighborhoods. Each year, Susank 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 Susank's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67544 zip code has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Susank 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 Susank Tax Rate
1.27%
Average Barton County Tax Rate
1.84%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Susank, Barton County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67544 | 1.27% | 1.27% | 1.27% | 1.29% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Susank, Barton County, Kansas
In Susank, 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 in Susank 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 Susank helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Susank is $130.00 in zip code 67544, while the lowest is also $130.00 in the same zip code, highlighting the uniformity in tax bills across the area.
Property Tax Assessment Values Across Susank, Barton County, Kansas
Source: Ownwell
$10,410
$63,925
$117,440
Average Susank Assessed Value
$10,410
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 Susank, Barton County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67544 | $1,626 | $5,365 | $10,410 | $30,580 | $59,944 |
Source: Ownwell
Property Tax Bills Across Susank, Barton County, Kansas
In Susank, Barton County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Susank is $10,410. Homeowners' tax bills are influenced by the local tax rate and the assessed value of their property. For instance, the tax bill at the 25th percentile is $68, while at the 75th percentile, it rises to $387. At the 90th percentile, the tax bill can reach up to $805. These tax bills are crucial for homeowners as they directly impact annual expenses. The highest and lowest median tax bills in the area are both recorded at $130, highlighting a relatively consistent tax environment within the region. Compared to the national median property tax rate of 0.99%, Susank's rates can be seen as relatively moderate, making it a potentially attractive location for homeowners seeking manageable property taxes. Understanding these factors can help homeowners better anticipate and plan for their yearly financial obligations.
Average Susank Tax Bill
$130
Average Barton County Tax Bill
$1,617
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Susank, Barton County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67544 | $21 | $68 | $130 | $387 | $805 |
Source: Ownwell