Eudora, Kansas Property Taxes
The median property tax rate in Eudora, KS is 1.77%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Eudora, the typical annual property tax bill reaches $4,574, exceeding the national median of $2,690. Property taxes in Eudora 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 Eudora'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 Eudora 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
Eudora, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$4,650
$4,315
Ownwell’s Eudora Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eudora with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eudora 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 Eudora, Kansas
Property taxes in Eudora, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eudora is 1.77%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Eudora set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eudora 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 Eudora's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66025 zip code has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how these cities compare with Eudora provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eudora Tax Rate
1.77%
Average Douglas County Tax Rate
1.47%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eudora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66025 | 1.58% | 1.74% | 1.77% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Eudora, Kansas
In Eudora, 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 Douglas 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 Eudora, 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 Eudora helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Eudora are both $4,574, found in the 66025 zip code.
Average Eudora Assessed Value
$262,700
Average Douglas County Assessed Value
$271,900
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eudora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66025 | $160,924 | $206,965 | $262,700 | $330,650 | $439,196 |
Source: Ownwell
Property Tax Bills Across Eudora, Kansas
In Eudora, located in Douglas County, KS, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the market value of the home. For instance, if the median home price is $262,700, the assessed value would be a fraction of this amount as determined by local regulations. The tax rate is then applied to this assessed value to calculate the annual property tax bill. Several factors can influence the final tax bill, including property improvements, changes in market conditions, and local government budgets. Homeowners in Eudora can expect their property tax bills to vary significantly. For example, the 25th percentile tax bill is around $3,607, while the 75th percentile reaches up to $5,713. At the 90th percentile, it can be as high as $7,326. This variation can impact homeowners differently, affecting their monthly budgets and overall financial planning. Compared to the national median property tax rate of 0.99%, these figures provide a comprehensive view of the local tax landscape.
Average Eudora Tax Bill
$4,574
Average Douglas County Tax Bill
$4,065
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Eudora, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66025 | $2,786 | $3,607 | $4,574 | $5,713 | $7,326 |
Source: Ownwell