Denton, Kansas Property Taxes
The median property tax rate in Denton, KS is 1.76%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Denton, the typical annual property tax bill reaches $6,763, exceeding the national median of $2,690. Property taxes in Denton 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 Denton'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 Denton 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
Denton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$5,819
$5,400
Ownwell’s Denton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Denton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Denton 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 Denton, Kansas
Property taxes in Denton, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Denton is 1.76%, significantly higher than the U.S. national median of 0.99%. Local government entities within Denton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Denton 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 Denton's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66017 has both the highest and lowest median property tax rate of 1.76%, highlighting the consistency across Denton. Understanding how these rates compare with Denton provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Denton Tax Rate
1.76%
Average Brown County Tax Rate
1.17%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Denton, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66017 | 1.40% | 1.54% | 1.76% | 1.99% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Denton, Kansas
In Denton, 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 local 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 Denton, 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. For example, the median home price in Denton is $330,640, with annual tax bills ranging from $4,180 at the 25th percentile to $10,897 at the 90th percentile. The highest median tax bill can be found in the 66017 zip code, amounting to $6,763. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Denton Assessed Value
$330,640
Average Brown County Assessed Value
$95,260
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Denton, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66017 | $163,352 | $226,085 | $330,640 | $435,195 | $497,928 |
Source: Ownwell
Property Tax Bills Across Denton, Kansas
In Denton, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For example, if the median home price in Denton is $330,640, the property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the property's location, improvements, and any applicable exemptions. Homeowners in Denton can expect tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $4,180, while those at the 75th percentile can reach up to $9,347. At the 90th percentile, homeowners may see bills as high as $10,897. These property taxes fund essential local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Denton's rates can significantly impact homeowners' annual budgets, making it crucial for residents to understand their property tax responsibilities.
Average Denton Tax Bill
$6,763
Average Brown County Tax Bill
$1,072
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Denton, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66017 | $2,629 | $4,180 | $6,763 | $9,347 | $10,897 |
Source: Ownwell