Mulberry, Kansas Property Taxes
The median property tax rate in Mulberry, KS is 1.49%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Mulberry at $24,635, the typical annual property tax bill reaches $357, exceeding the national median of $2,690. Property taxes in Mulberry 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 Mulberry'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 Mulberry 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
Mulberry, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$367
$341
Ownwell’s Mulberry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mulberry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mulberry 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Mulberry, Kansas
Property taxes in Mulberry, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mulberry is 1.49%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Mulberry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mulberry 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 Mulberry's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66756 zip code has the highest median property tax rate of 1.49%, while the 66756 zip code has the lowest median tax rate of 1.49%. Understanding how these cities compare with Mulberry provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mulberry Tax Rate
1.49%
Average Crawford County Tax Rate
1.56%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mulberry, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66756 | 0.97% | 1.10% | 1.49% | 1.49% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Mulberry, Kansas
In Mulberry, 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 Crawford 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 Mulberry, 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 Mulberry 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 $357 in the 66756 zip code, while the lowest median tax bill is also $357 in the same zip code.
Average Mulberry Assessed Value
$24,635
Average Crawford County Assessed Value
$71,000
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mulberry, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66756 | $2,280 | $8,212 | $24,635 | $60,605 | $133,950 |
Source: Ownwell
Property Tax Bills Across Mulberry, Kansas
Property tax bills in Mulberry, KS, are calculated based on the assessed value of a property, which is a percentage of its market value. In Mulberry, the median home price stands at $24,635. Homeowners can expect their tax bills to vary significantly depending on several factors, including the property's assessed value and the local tax rate. For instance, the tax bill for the 25th percentile is around $130, while it rises to $781 for the 75th percentile. At the 90th percentile, homeowners might see tax bills as high as $1,755. These variations highlight how different factors such as property size, location, and improvements can affect the assessed value and, consequently, the tax bill. Comparatively, the property tax rate in Mulberry is quite favorable. The highest median tax bill in the area is $357, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden can be a considerable advantage for homeowners, making Mulberry an attractive place for property investment.
Average Mulberry Tax Bill
$357
Average Crawford County Tax Bill
$1,090
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Mulberry, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66756 | $35 | $130 | $357 | $781 | $1,755 |
Source: Ownwell