Bronson, Kansas Property Taxes
The median property tax rate in Bronson, KS is 2.10%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Bronson at $28,700, the typical annual property tax bill amounts to $561, which is below the national median of $2,690. Property taxes in Bronson 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 Bronson'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 Bronson 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
Bronson, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.1%
Estimate Property Tax Bill
$603
Ownwell’s Bronson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bronson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bronson 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 Bronson, Kansas
Property taxes in Bronson, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bronson is 2.10%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Bronson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bronson 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 Bronson's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66716 zip code has the highest median property tax rate of 2.10%, while the same zip code also has the lowest median tax rate of 2.10%. Understanding how these cities compare with Bronson provides valuable insights into the varying tax landscape across Bourbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bronson Tax Rate
2.10%
Average Bourbon County Tax Rate
1.91%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bronson, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66716 | 1.53% | 1.85% | 2.10% | 2.30% | 2.74% |
Source: Ownwell
Property Tax Assessment Values Across Bronson, Kansas
In Bronson, 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 Bourbon 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 Bronson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Bronson is $28,700, with the highest median tax bill being $561 in the 66716 zip code.
Average Bronson Assessed Value
$28,700
Average Bourbon County Assessed Value
$59,230
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bronson, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66716 | $2,836 | $8,395 | $28,700 | $54,655 | $120,146 |
Source: Ownwell
Property Tax Bills Across Bronson, Kansas
In Bronson, 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 Bronson is $28,700. Homeowners in Bronson typically see a range in their property tax bills, with the 25th percentile paying around $174 and the 75th percentile paying up to $1,138 annually. At the 90th percentile, property tax bills can reach $2,214. The tax rate in Bourbon County is influenced by local government budgets and funding requirements for public services like schools and infrastructure. Compared to the national median property tax rate of 0.99%, Bronson's property tax rate can vary significantly depending on the assessed value and specific location within the city. Homeowners in the zip code 66716 experience the highest median tax bill of $561. These property taxes directly impact homeowners by influencing their annual expenses and potentially affecting the affordability of homeownership in the area.
Average Bronson Tax Bill
$561
Average Bourbon County Tax Bill
$1,096
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Bronson, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66716 | $50 | $174 | $561 | $1,138 | $2,214 |
Source: Ownwell