Concordia, Kansas Property Taxes
The median property tax rate in Concordia, KS is 1.78%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Concordia, the typical annual property tax bill reaches $1,348, exceeding the national median of $2,690. Property taxes in Concordia 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 Concordia'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 Concordia 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
Concordia, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Concordia Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Concordia. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in the city to provide an accurate estimate of your property tax bill. This valuable resource aids in understanding your potential tax obligations. For those interested in more granular trends, additional neighborhood-specific information is available further down the page. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Concordia, Kansas
Property taxes in Concordia, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Concordia is 1.78%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Concordia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Concordia 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 Concordia's effective property tax rate to other regions in Kansas and the national median. For comparison, the zip code 66901 has the highest median property tax rate of 1.78%, while the same zip code also has the lowest median tax rate of 1.78%. Understanding how these areas compare with Concordia 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 Concordia Tax Rate
1.78%
Average Cloud County Tax Rate
1.76%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Concordia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66901 | 1.39% | 1.64% | 1.78% | 1.90% | 2.09% |
Source: Ownwell
Property Tax Assessment Values Across Concordia, Kansas
In Concordia, 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 Concordia, 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. For instance, the median home price in Concordia is $76,190, with tax bills ranging from $675 at the 25th percentile to $3,391 at the 90th percentile. Notably, the highest and lowest median tax bills are both $1,348, found in the 66901 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. This awareness helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Concordia Assessed Value
$76,190
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 Concordia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66901 | $16,336 | $39,500 | $76,190 | $127,850 | $193,864 |
Source: Ownwell
Property Tax Bills Across Concordia, Kansas
In Concordia, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value, and in Cloud County, this forms the basis for the tax bill. Homeowners in Concordia experience a range of property tax bills. For instance, the 25th percentile tax bill is $675, while the 90th percentile reaches up to $3,391. The median home price in Concordia is $76,190, which influences the overall tax burden. Several factors contribute to the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. The highest and lowest median tax bills in the area are both $1,348, indicating a consistent tax rate across different zip codes within the city. Compared to the national median property tax rate of 0.99%, Concordia's rates can vary significantly, impacting homeowners differently based on their property's assessed value and the specific tax rate applied.
Average Concordia Tax Bill
$1,348
Average Cloud County Tax Bill
$1,191
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Concordia, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66901 | $281 | $675 | $1,348 | $2,219 | $3,391 |
Source: Ownwell