Andover, Butler County, Kansas Property Taxes
The median property tax rate in Andover, KS is 1.32%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Andover, the typical annual property tax bill reaches $3,593, exceeding the national median of $2,690. Property taxes in Andover 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 Andover'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 Andover 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
Andover, Butler County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$3,883
$3,604
Ownwell’s Andover Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Andover with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Andover to provide an estimated property tax bill. This valuable tool helps you comprehend potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value assigned by Butler County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Andover, Butler County, Kansas
Property taxes in Andover, Kansas, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Andover is 1.32%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Andover set these rates annually, and they can vary significantly across different neighborhoods. Each year, Andover 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 Andover's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67002 zip code has the highest median property tax rate of 1.32%, while the same zip code also has the lowest median tax rate of 1.32%. Understanding how these cities compare with Andover provides valuable insights into the varying tax landscape across Butler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Andover Tax Rate
1.32%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Andover, Butler County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67002 | 0.96% | 1.21% | 1.32% | 1.38% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Andover, Butler County, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Andover, Kansas. 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 Butler 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 Andover, 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 Andover helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 67002 has the highest and lowest median tax bill at $3,593, providing a clear picture of the tax landscape in the area.
Property Tax Assessment Values Across Andover, Butler County, Kansas
Source: Ownwell
$41,010
$237,125
$433,240
Average Andover Assessed Value
$294,200
Average Butler County Assessed Value
$188,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Andover, Butler County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67002 | $162,000 | $226,350 | $294,200 | $381,812 | $525,250 |
Source: Ownwell
Property Tax Bills Across Andover, Butler County, Kansas
In Andover, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the Butler County Assessor's Office. The assessed value is a percentage of the home's market value. For instance, the median home price in Andover stands at $294,200. Property tax rates in this region influence the final tax bill that homeowners receive. The median tax rate in Butler County is compared to the national median of 0.99%. Factors such as the property's location, size, and improvements play a crucial role in determining its assessed value. Homeowners in Andover can expect their tax bills to vary significantly, with the 25th percentile at $2,646 and the 75th percentile at $4,665. At the higher end, the 90th percentile tax bill reaches $6,754. These tax bills impact homeowners by affecting their annual financial planning and the overall affordability of owning property in the area.
Average Andover Tax Bill
$3,593
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Andover, Butler County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67002 | $1,057 | $2,646 | $3,593 | $4,665 | $6,754 |
Source: Ownwell