Beaumont, Kansas Property Taxes
The median property tax rate in Beaumont, KS is 1.16%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $42,460 in Beaumont, the typical annual property tax bill amounts to $516, which is significantly below the national median of $2,690. Property taxes in Beaumont are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Beaumont'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 Beaumont or another part of Butler County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beaumont, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$493
$457
Ownwell’s Beaumont Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beaumont with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beaumont 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 Beaumont, Kansas
Property taxes in Beaumont, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beaumont is 1.16%, higher than the U.S. national median of 0.99%. Local government entities within Beaumont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beaumont 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 Beaumont's effective property tax rate to other areas and the national median. For comparison, the zip code 67012 has both the highest and lowest median property tax rate of 1.16%. Understanding how these cities compare with Beaumont 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 Beaumont Tax Rate
1.16%
Average Butler County Tax Rate
1.35%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaumont, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67012 | 0.84% | 0.99% | 1.16% | 1.29% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Beaumont, Kansas
In Beaumont, 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 Beaumont, 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 Beaumont helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Interestingly, the zip code 67012 has both the highest and lowest median tax bill at $516.
Average Beaumont Assessed Value
$42,460
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 Beaumont, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67012 | $5,244 | $18,260 | $42,460 | $65,370 | $132,768 |
Source: Ownwell
Property Tax Bills Across Beaumont, Kansas
In Beaumont, located in Butler County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Beaumont, the median home price is $42,460. Property tax bills can vary significantly, with the 25th percentile at $241 and the 75th percentile at $889, indicating a range of tax burdens based on property values and individual circumstances. The highest median tax bill in the area is $516, found in the 67012 zip code. Understanding these factors is crucial for homeowners, as property taxes represent a significant annual expense. By knowing how their tax bill is determined, homeowners can better plan their finances and explore potential savings through available exemptions or appeals.
Average Beaumont Tax Bill
$516
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaumont, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67012 | $67 | $241 | $516 | $889 | $1,332 |
Source: Ownwell