Udall, Kansas Property Taxes
The median property tax rate in Udall, KS is 1.32%, which is higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $250,090 in Udall, the typical annual property tax bill amounts to $3,404, surpassing the national median of $2,690. Property taxes in Udall are based on the tax assessed value, often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Udall'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 Udall 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
Udall, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$3,301
Ownwell’s Udall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Udall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Udall 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 Udall, Kansas
Property taxes in Udall, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Udall is 1.32%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Udall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Udall 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 Udall's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67146 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 Udall 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 Udall 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 Udall, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67146 | 1.21% | 1.25% | 1.32% | 1.39% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Udall, Kansas
In Udall, 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 Udall, 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 Udall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 67146, with a median tax bill of $3,404.
Average Udall Assessed Value
$250,090
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 Udall, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67146 | $186,194 | $210,155 | $250,090 | $290,025 | $313,986 |
Source: Ownwell
Property Tax Bills Across Udall, Kansas
In Udall, 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 a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Various factors, such as property size, location, and improvements, influence the assessed value. For homeowners in Udall, the median home price stands at $250,090. The tax bill can vary significantly, with the 25th percentile at $2,708 and the 75th percentile reaching $4,100. At the 90th percentile, homeowners might see tax bills as high as $4,518. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax obligations. Understanding how these factors interplay is crucial for homeowners, as property taxes directly impact annual expenses and long-term financial planning.
Average Udall Tax Bill
$3,404
Average Butler County Tax Bill
$2,390
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Udall, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67146 | $2,290 | $2,708 | $3,404 | $4,100 | $4,518 |
Source: Ownwell