Aurora, Kansas Property Taxes
The median property tax rate in Aurora, KS is 1.99%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $80,950 in Aurora, the typical annual property tax bill reaches $1,429, exceeding the national median of $2,690. Property taxes in Aurora 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 Aurora'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 Aurora 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
Aurora, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.99%
Estimate Property Tax Bill
$1,611
$1,495
Ownwell’s Aurora Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Aurora with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Aurora to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, 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 Aurora, Kansas
Property taxes in Aurora, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aurora is 1.99%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Aurora set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aurora 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 Aurora's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67417 zip code has the highest median property tax rate of 1.99%, while the same zip code also has the lowest median tax rate of 1.99%. Understanding how these cities compare with Aurora provides valuable insights into the varying tax landscape across Cloud County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aurora Tax Rate
1.99%
Average Cloud County Tax Rate
1.76%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aurora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67417 | 1.37% | 1.64% | 1.99% | 2.19% | 2.86% |
Source: Ownwell
Property Tax Assessment Values Across Aurora, Kansas
In Aurora, 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 Cloud 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 Aurora, 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 Aurora 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 67417, with a median tax bill of $1,429.
Average Aurora Assessed Value
$80,950
Average Cloud County Assessed Value
$69,310
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aurora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67417 | $3,402 | $14,470 | $80,950 | $136,100 | $217,100 |
Source: Ownwell
Property Tax Bills Across Aurora, Kansas
In Aurora, KS, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The county assessor determines the market value, and then a percentage of that value is used to establish the assessed value. This percentage varies but is essential in calculating the final tax bill. Several factors influence the tax bill, including the home's location, size, and condition. Additionally, local tax rates set by the county and municipal authorities play a crucial role. For instance, in Cloud County, where Aurora is located, the median home price is $80,950. Homeowners in the 25th percentile pay around $279, while those in the 75th percentile pay approximately $2,679. The top 10% of property tax bills can reach up to $3,918. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding these factors is vital, as property taxes can significantly impact their annual expenses and overall financial planning.
Average Aurora Tax Bill
$1,429
Average Cloud County Tax Bill
$1,191
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Aurora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67417 | $78 | $279 | $1,429 | $2,679 | $3,918 |
Source: Ownwell