Columbus, Kansas Property Taxes
The median property tax rate in Columbus, KS is 1.51%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Columbus, the typical annual property tax bill reaches $1,124, exceeding the national median of $2,690. Property taxes in Columbus 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 Columbus'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 Columbus 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
Columbus, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$1,221
Ownwell’s Columbus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Columbus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Columbus 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 Cherokee County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Columbus, Kansas
Property taxes in Columbus, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Columbus is 1.51%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Columbus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Columbus 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 Columbus's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66725 zip code has the highest median property tax rate of 1.51%, while the same zip code also represents the lowest median tax rate of 1.51%. Understanding how these cities compare with Columbus provides valuable insights into the varying tax landscape across Cherokee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Columbus Tax Rate
1.51%
Average Cherokee County Tax Rate
1.39%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Columbus, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66725 | 0.98% | 1.08% | 1.51% | 1.63% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Columbus, Kansas
In Columbus, 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 Cherokee 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 Columbus, 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 Columbus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Columbus is $1,124 in the 66725 zip code, while the lowest median tax bill is also $1,124 in the same zip code.
Average Columbus Assessed Value
$80,890
Average Cherokee County Assessed Value
$77,000
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Columbus, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66725 | $18,330 | $38,410 | $80,890 | $143,200 | $221,504 |
Source: Ownwell
Property Tax Bills Across Columbus, Kansas
In Columbus, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county assessor determines this assessed value, considering factors such as the property's size, location, and any improvements made. Once the assessed value is established, the local tax rate is applied to calculate the final tax bill. For homeowners in Columbus, the median home price is $80,890. Property tax bills can vary significantly, with the 25th percentile at $533 and the 75th percentile reaching $1,995. At the higher end, the 90th percentile tax bill can go up to $3,042. The highest and lowest median tax bills both stand at $1,124 in the zip code 66725. Compared to the national median property tax rate of 0.99%, the property tax rates in Columbus can have a noticeable impact on homeowners, influencing their overall housing costs and financial planning.
Average Columbus Tax Bill
$1,124
Average Cherokee County Tax Bill
$1,049
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Columbus, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66725 | $269 | $533 | $1,124 | $1,995 | $3,042 |
Source: Ownwell