Everest, Kansas Property Taxes
The median property tax rate in Everest, KS is 1.23%, 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 Everest at $76,230, the typical annual property tax bill amounts to $938, which is below the national median of $2,690. Property taxes in Everest are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Everest's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Everest 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
Everest, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$938
$870
Ownwell’s Everest Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everest with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everest 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 Everest, Kansas
Property taxes in Everest, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Everest is 1.23%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Everest set these rates annually, and they can vary across different neighborhoods. Each year, Everest 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. For comparison, the 66424 zip code has both the highest and lowest median property tax rate in Brown County at 1.23%. Understanding how Everest's tax rates compare with other areas in Brown County provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Everest Tax Rate
1.23%
Average Brown County Tax Rate
1.17%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everest, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66424 | 0.98% | 1.10% | 1.23% | 1.32% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Everest, Kansas
In Everest, 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 Brown 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 Everest, 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 Everest helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 66424, with a median tax bill of $938.00, while the lowest is also in the same zip code, reflecting the uniformity within the area.
Average Everest Assessed Value
$76,230
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 Everest, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66424 | $12,315 | $41,882 | $76,230 | $151,008 | $232,633 |
Source: Ownwell
Property Tax Bills Across Everest, Kansas
In Everest, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the local county assessor. The assessed value typically represents a percentage of the property's market value. For homeowners in Everest, the median home price stands at $76,230. The property tax rate in the area is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location and any applicable exemptions. For instance, in Everest, the 25th percentile of tax bills is $493, while the 75th percentile reaches $1,844, and the 90th percentile can be as high as $3,673. These variations highlight how different property values and exemptions can significantly impact the tax burden on homeowners. Comparatively, the median property tax bill in Everest is $938, which provides a benchmark for homeowners to anticipate their annual obligations. This is relatively lower than the national median property tax rate of 0.99%, offering some relief to Everest residents.
Average Everest Tax Bill
$938
Average Brown County Tax Bill
$1,072
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Everest, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66424 | $143 | $493 | $938 | $1,844 | $3,673 |
Source: Ownwell