Delphos, Kansas Property Taxes
The median property tax rate in Delphos, KS is 2.13%, significantly higher than both the national median of 0.99% and Kansas' state median of 1.43%. With the median home value in Delphos at $123,200, the typical annual property tax bill reaches $2,639, just below the national median of $2,690. Property taxes in Delphos 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 Delphos' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Delphos 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
Delphos, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.13%
Estimate Property Tax Bill
$2,624
$2,435
Ownwell’s Delphos Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Delphos with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Delphos to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, scroll down to discover 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 Delphos, Kansas
Property taxes in Delphos, Kansas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Delphos is 1.41%, higher than both the Kansas state median of 1.28% and the U.S. national median of 0.99%. Local government entities within Delphos set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delphos 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 Delphos's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67436 zip code has the highest median property tax rate of 1.41%, while the same zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Delphos 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 Delphos Tax Rate
2.13%
Average Cloud County Tax Rate
1.76%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delphos, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67436 | 1.39% | 1.57% | 2.13% | 3.20% | 4.05% |
Source: Ownwell
Property Tax Assessment Values Across Delphos, Kansas
In Delphos, 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 Delphos, 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 Delphos helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,639 in zip code 67436, while the lowest is also $2,639 in the same zip code.
Average Delphos Assessed Value
$123,200
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 Delphos, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67436 | $37,271 | $68,550 | $123,200 | $183,495 | $247,003 |
Source: Ownwell
Property Tax Bills Across Delphos, Kansas
In Delphos, 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 property's market value, which is influenced by factors such as location, size, and condition of the home. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For homeowners in Delphos, the median home price is $123,200. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,335 and the 75th percentile reaching $4,022. At the higher end, the 90th percentile tax bill is $5,616. These variations can affect homeowners differently, depending on their property's assessed value and the applicable tax rate. The highest and lowest median tax bills in the area are both $2,639, highlighting a range of tax burdens within the community. Comparing this to the national median property tax rate of 0.99%, Delphos homeowners may experience varying degrees of financial impact based on their specific circumstances.
Average Delphos Tax Bill
$2,639
Average Cloud County Tax Bill
$1,191
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Delphos, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67436 | $738 | $1,335 | $2,639 | $4,022 | $5,616 |
Source: Ownwell