Opolis, Kansas Property Taxes
The median property tax rate in Opolis, Kansas, is 1.07%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Opolis at $46,465, the typical annual property tax bill reaches $495, significantly below the national median of $2,690. Property taxes in Opolis are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Opolis'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 Opolis 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
Opolis, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$497
$461
Ownwell’s OPOLIS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in OPOLIS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in OPOLIS 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 Opolis, Kansas
Property taxes in OPOLIS, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in OPOLIS is 1.07%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within OPOLIS set these rates annually, and they can vary significantly across different neighborhoods. Each year, OPOLIS 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 OPOLIS's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66760 zip code has the highest median property tax rate of 1.07%, while the 66760 zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with OPOLIS 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 Opolis Tax Rate
1.07%
Average Crawford County Tax Rate
1.56%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Opolis, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66760 | 1.04% | 1.04% | 1.07% | 1.15% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Opolis, Kansas
In OPOLIS, 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 OPOLIS, 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 OPOLIS helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 66760 has both the highest and lowest median tax bills at $495.
Average Opolis Assessed Value
$46,465
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 Opolis, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66760 | $7,650 | $27,722 | $46,465 | $73,175 | $115,760 |
Source: Ownwell
Property Tax Bills Across Opolis, Kansas
In OPOLIS, located in Crawford County, KS, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which is determined by county assessors. For instance, if a home in OPOLIS has a median home price of $46,465, the assessed value would be a fraction of this amount, depending on local assessment ratios. The tax bill is influenced by various factors, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. Homeowners in OPOLIS can expect tax bills within a range, with the 25th percentile at $291 and the 75th percentile at $836. At the higher end, the 90th percentile tax bill reaches $1,397. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, OPOLIS residents experience relatively moderate property tax bills.
Average Opolis Tax Bill
$495
Average Crawford County Tax Bill
$1,090
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Opolis, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66760 | $80 | $291 | $495 | $836 | $1,397 |
Source: Ownwell