Coffey County, Kansas Property Taxes
The median property tax rate in Coffey County is 1.25%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $92,950, the typical annual property tax bill in Coffey County reaches $1,148, which is below the national median of $2,690. Property taxes in Coffey County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Coffey County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Burlington or another part of Coffey County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Coffey County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,162
$1,078
Ownwell’s Coffey County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Coffey County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Coffey County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Coffey County, Kansas
Property taxes in Coffey County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Coffey County is 1.25%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Coffey County set these rates annually, and they can vary significantly between different areas within the county. Each year, Coffey County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Coffey County's effective property tax rate with other counties in Kansas and the national median. For comparison, the city of Colony has one of the higher property tax rates in Kansas at 2.36%, while the city of Hartford boasts one of the lowest at 0.88%. Analyzing how Coffey County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Coffey County Tax Rate
1.25%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coffey County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burlington | 0.85% | 1.05% | 1.21% | 1.29% | 1.38% |
| Colony | N/A | N/A | N/A | N/A | N/A |
| Gridley | 1.05% | 1.24% | 1.41% | 1.50% | 1.67% |
| Hartford | 0.65% | 0.73% | 0.88% | 1.53% | 2.88% |
| Lebo | 0.96% | 1.08% | 1.28% | 1.35% | 1.44% |
| Le Roy | 1.02% | 1.20% | 1.45% | 1.55% | 1.70% |
| Neosho Falls | N/A | N/A | N/A | N/A | N/A |
| Neosho Rapids | 1.17% | 1.25% | 1.44% | 1.84% | 2.22% |
| New Strawn | 1.10% | 1.19% | 1.24% | 1.29% | 1.32% |
| Reading | N/A | N/A | N/A | N/A | N/A |
| Waverly | 0.95% | 1.05% | 1.29% | 1.44% | 1.56% |
| Westphalia | 0.96% | 1.04% | 1.14% | 1.43% | 1.83% |
| Williamsburg | N/A | N/A | N/A | N/A | N/A |
| Yates Center | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Coffey County, Kansas
In Coffey County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Coffey County Appraisal District. The assessed value, however, 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. Assessment notices in Coffey County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Coffey County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Coffey County, the median home price is $92,950, with a tax bill ranging from $519 at the 25th percentile to $1,981 at the 75th percentile, and up to $2,917 at the 90th percentile. Notably, Reading has the highest median tax bill at $4,421, while Hartford has the lowest at $283.
Average Coffey County Assessed Value
$92,950
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coffey County, Kansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burlington | $19,000 | $48,190 | $98,780 | $166,050 | $252,370 |
| Colony | N/A | N/A | N/A | N/A | N/A |
| Gridley | $14,545 | $41,380 | $82,305 | $141,475 | $205,297 |
| Hartford | $1,966 | $7,290 | $28,110 | $69,440 | $125,672 |
| Lebo | $22,489 | $48,918 | $105,935 | $177,558 | $252,019 |
| Le Roy | $8,130 | $26,145 | $61,260 | $134,398 | $228,559 |
| Neosho Falls | N/A | N/A | N/A | N/A | N/A |
| Neosho Rapids | $80,934 | $94,142 | $135,845 | $189,815 | $260,312 |
| New Strawn | $51,946 | $94,670 | $127,660 | $173,135 | $221,832 |
| Reading | N/A | N/A | N/A | N/A | N/A |
| Waverly | $15,066 | $38,008 | $83,660 | $152,218 | $239,840 |
| Westphalia | $8,419 | $42,792 | $101,600 | $171,650 | $254,865 |
| Williamsburg | N/A | N/A | N/A | N/A | N/A |
| Yates Center | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Coffey County, Kansas
In Coffey County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value. Homeowners in Coffey County experience a range of property tax bills, with the 25th percentile at $519, the 75th percentile at $1981, and the 90th percentile reaching $2917. These figures highlight the variability in tax bills depending on property values and specific assessments. Several factors influence the tax bill, including the property's market value, assessment rate, and local tax rates set by various taxing authorities such as school districts, municipalities, and special districts. For context, the national median property tax rate is 0.99%, which can be used to compare how Coffey County's rates align with national averages. Homeowners must consider these taxes as a significant part of their annual expenses, affecting overall affordability and long-term financial planning.
Average Coffey County Tax Bill
$1,148
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Coffey County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burlington | $210 | $552 | $1,160 | $1,920 | $2,880 |
| Colony | N/A | N/A | N/A | N/A | N/A |
| Gridley | $214 | $564 | $1,151 | $1,917 | $2,741 |
| Hartford | $31 | $118 | $283 | $706 | $2,128 |
| Lebo | $260 | $636 | $1,317 | $2,186 | $2,995 |
| Le Roy | $102 | $369 | $834 | $1,855 | $3,053 |
| Neosho Falls | N/A | N/A | N/A | N/A | N/A |
| Neosho Rapids | $1,309 | $1,577 | $1,954 | $2,590 | $2,835 |
| New Strawn | $592 | $1,140 | $1,499 | $2,266 | $2,926 |
| Reading | N/A | N/A | N/A | N/A | N/A |
| Waverly | $173 | $464 | $1,074 | $1,929 | $2,783 |
| Westphalia | $68 | $606 | $1,276 | $2,200 | $3,485 |
| Williamsburg | N/A | N/A | N/A | N/A | N/A |
| Yates Center | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell