Carlton, Kansas Property Taxes
The median property tax rate in Carlton, KS is 1.54%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Carlton, the typical annual property tax bill reaches $1,815, exceeding the national median of $2,690. Property taxes in Carlton 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 Carlton'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 Carlton 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
Carlton, 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 Carlton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carlton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlton 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 Carlton, Kansas
Property taxes in Carlton, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlton is 1.54%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Carlton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlton 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 Carlton's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67448 zip code has the highest median property tax rate of 1.54%, while the 67448 zip code also has the lowest median tax rate of 1.54%. Understanding how these cities compare with Carlton provides valuable insights into the varying tax landscape across Dickinson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlton Tax Rate
1.54%
Average Dickinson County Tax Rate
1.82%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67448 | 1.40% | 1.45% | 1.54% | 1.86% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Carlton, Kansas
In Carlton, 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 Dickinson 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 Carlton, 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. Carlton's property taxes show a wide range, with the 25th percentile tax bill at $965 and the 75th percentile at $2,595. The highest median tax bill is $1,815 in the 67448 zip code, while the lowest median tax bill is also $1,815 in the same zip code. By understanding 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 Carlton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Carlton Assessed Value
$106,340
Average Dickinson County Assessed Value
$105,350
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67448 | $14,854 | $62,770 | $106,340 | $145,730 | $196,628 |
Source: Ownwell
Property Tax Bills Across Carlton, Kansas
In Carlton, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Carlton is $106,340. Homeowners in this area can expect to pay a median property tax rate of 1.71%, significantly higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's location within Dickinson County, its assessed value, and applicable exemptions or deductions. For instance, the 25th percentile tax bill is around $965, while the 75th percentile tax bill reaches $2,595. The 90th percentile tax bill can go up to $3,591, indicating a wide range of tax burdens among homeowners. This variability in tax bills affects homeowners by impacting their annual expenses and potentially influencing their decisions regarding property investments and homeownership. Understanding these factors is crucial for homeowners to anticipate their financial obligations and plan accordingly.
Average Carlton Tax Bill
$1,815
Average Dickinson County Tax Bill
$2,015
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67448 | $225 | $965 | $1,815 | $2,595 | $3,591 |
Source: Ownwell