Weir, Kansas Property Taxes
The median property tax rate in Weir, KS is 1.20%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Weir at $114,975, the typical annual property tax bill comes to $1,583, which is below the national median of $2,690. Property taxes in Weir are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Weir'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 Weir 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
Weir, 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 Weir Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weir with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weir 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 Weir, Kansas
Property taxes in Weir, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weir is 1.20%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Weir set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weir 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 Weir's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66781 zip code has the highest median property tax rate of 1.20%, while the 66781 zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Weir 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 Weir Tax Rate
1.20%
Average Crawford County Tax Rate
1.56%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weir, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66781 | 1.11% | 1.15% | 1.20% | 1.31% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Weir, Kansas
In Weir, 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 Weir, 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 Weir helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,583, found in the 66781 zip code.
Average Weir Assessed Value
$114,975
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 Weir, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66781 | $41,790 | $72,205 | $114,975 | $168,898 | $257,648 |
Source: Ownwell
Property Tax Bills Across Weir, Kansas
In Weir, Crawford County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if the median home price is $114,975, the assessed value is determined by applying the state's assessment rate. Once the assessed value is established, local tax rates are applied to calculate the property tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rate set by local taxing authorities. Homeowners in Weir can expect their tax bills to vary significantly. For example, tax bills at the 25th percentile are around $1,005, while those at the 75th percentile can reach $2,033. The 90th percentile sees tax bills as high as $3,140. Compared to the national median property tax rate of 0.99%, Weir's property tax bills reflect the local economic conditions and funding needs of the community, impacting homeowners' annual financial planning.
Average Weir Tax Bill
$1,583
Average Crawford County Tax Bill
$1,090
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Weir, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66781 | $729 | $1,005 | $1,583 | $2,033 | $3,140 |
Source: Ownwell