Atlanta, Kansas Property Taxes
The median property tax rate in Atlanta, KS is 1.39%, which, while lower than the state median of 1.43%, still surpasses the national median of 0.99%. With a median home value of $167,905 in Atlanta, the typical annual property tax bill amounts to $1,981, a figure notably below the national median of $2,690. Property taxes in Atlanta are determined based on the assessed value, which is often less than the market value due to various exemptions, including primary residence and agricultural exemptions. By gaining a thorough understanding of Atlanta's property tax system, exploring available exemptions, and identifying potential reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in the bustling heart of Atlanta or its quieter outskirts, comprehending the local property tax framework will be advantageous.
Last Updated June 14, 2024
Atlanta, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$2,334
$2,166
Ownwell’s Atlanta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atlanta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atlanta 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 Atlanta, Kansas
Property taxes in Atlanta, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atlanta is 1.39%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Atlanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atlanta 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 Atlanta's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67008 zip code has the highest median property tax rate of 1.39%, while the 67008 zip code also has the lowest median tax rate of 1.39%. Understanding how these cities compare with Atlanta 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 Atlanta Tax Rate
1.39%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atlanta, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67008 | 0.94% | 1.26% | 1.39% | 1.57% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Atlanta, Kansas
In Atlanta, 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 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 Atlanta, 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 Atlanta 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 67008 at $1981, while the zip code with the lowest median tax bill is also 67008 at $1981.
Average Atlanta Assessed Value
$167,905
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 Atlanta, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67008 | $52,296 | $88,372 | $167,905 | $290,868 | $438,752 |
Source: Ownwell
Property Tax Bills Across Atlanta, Kansas
In Atlanta, Butler County, KS, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For instance, the median home price in Atlanta is $167,905. Homeowners in the 25th percentile pay around $1,156 annually, while those in the 75th percentile face bills closer to $3,368. The top 10% of property tax bills soar to approximately $5,821. These property taxes significantly impact homeowners, influencing their monthly mortgage payments and overall housing affordability. Compared to the national median property tax rate of 0.99%, the rates in Atlanta, Butler County, are relatively moderate, but they still represent a substantial financial commitment. Understanding how these taxes are calculated can help homeowners budget effectively and potentially seek exemptions to reduce their tax burden.
Average Atlanta Tax Bill
$1,981
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Atlanta, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67008 | $604 | $1,156 | $1,981 | $3,368 | $5,821 |
Source: Ownwell