Stark, Kansas Property Taxes
The median property tax rate in Stark, KS is 1.63%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Stark, the typical annual property tax bill reaches $1,860, exceeding the national median of $2,690. Property taxes in Stark 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 Stark'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 Stark 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
Stark, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Stark Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stark with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stark 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 Stark, Kansas
Property taxes in Stark, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stark is 1.63%, significantly higher than the U.S. national median of 0.99%. Local government entities within Stark set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stark 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 Stark's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66775 zip code has the highest median property tax rate of 1.63%, while the same zip code also has the lowest median tax rate of 1.63%. Understanding how these cities compare with Stark 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 Stark Tax Rate
1.63%
Average Bourbon County Tax Rate
1.91%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stark, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66775 | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Stark, Kansas
In Stark, 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. In Stark, 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. The median home price in Stark is $113,870, and the highest and lowest median tax bills are both $1,860, found in the 66775 zip code. 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 Stark helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Stark Assessed Value
$113,870
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 Stark, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66775 | $113,870 | $113,870 | $113,870 | $113,870 | $113,870 |
Source: Ownwell
Property Tax Bills Across Stark, Kansas
In Stark, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the Bourbon County Assessor's Office. The assessed value typically represents a percentage of the home's market value. For example, if the median home price in Stark is $113,870, the assessed value would be a fraction of this amount, depending on local assessment rates. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the property tax bill, including the property's location, size, and any applicable exemptions or deductions. In Stark, the median property tax bill is $1,860, which is significantly higher than the national median property tax rate of 0.99%. This can have a substantial impact on homeowners, affecting their overall cost of living and potentially influencing decisions about purchasing or maintaining a home in the area. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Stark Tax Bill
$1,860
Average Bourbon County Tax Bill
$1,096
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Stark, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66775 | $1,860 | $1,860 | $1,860 | $1,860 | $1,860 |
Source: Ownwell