Enterprise, Kansas Property Taxes
The median property tax rate in Enterprise, KS is 2.00%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Enterprise at $87,950, the typical annual property tax bill reaches $1,773, exceeding the national median of $2,690. Property taxes in Enterprise are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Enterprise'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 Enterprise or another part of Dickinson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Enterprise, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2%
Estimate Property Tax Bill
$1,759
$1,632
Ownwell’s Enterprise Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enterprise with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enterprise 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 Enterprise, Kansas
Property taxes in Enterprise, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Enterprise is 2.00%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Enterprise set these rates annually, and they can vary significantly across different neighborhoods. Each year, Enterprise 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 Enterprise's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67441 zip code has the highest median property tax rate of 2.00%, while the same zip code also has the lowest median tax rate of 2.00%. Understanding how these cities compare with Enterprise 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 Enterprise Tax Rate
2.00%
Average Dickinson County Tax Rate
1.82%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enterprise, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67441 | 1.43% | 1.94% | 2.00% | 2.04% | 2.07% |
Source: Ownwell
Property Tax Assessment Values Across Enterprise, Kansas
In Enterprise, 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 Enterprise, 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 Enterprise helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Enterprise, the median home price is $87,950, with the highest median tax bill of $1,773 in zip code 67441.
Average Enterprise Assessed Value
$87,950
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 Enterprise, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67441 | $28,173 | $55,562 | $87,950 | $143,878 | $218,246 |
Source: Ownwell
Property Tax Bills Across Enterprise, Kansas
In Enterprise, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For example, with a median home price of $87,950, the assessed value is determined by local assessment rates. The tax rate is then applied to this assessed value to calculate the annual tax bill. Various factors such as property size, location, and improvements can influence the assessed value, impacting the tax bill. For homeowners in Enterprise, the property tax bill can vary significantly. At the 25th percentile, the tax bill is around $1,140, rising to $2,684 at the 75th percentile, and reaching $3,858 at the 90th percentile. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand how local rates and assessments affect their financial responsibilities. High property taxes can influence housing affordability and overall cost of living, emphasizing the importance of accurate assessments and potential appeals for homeowners.
Average Enterprise Tax Bill
$1,773
Average Dickinson County Tax Bill
$2,015
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Enterprise, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67441 | $679 | $1,140 | $1,773 | $2,684 | $3,858 |
Source: Ownwell