Schoenchen, Ellis County, Kansas Property Taxes
The median property tax rate in Schoenchen, KS is 1.67%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Schoenchen, the typical annual property tax bill reaches $1,662, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Schoenchen's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Schoenchen or another part of Ellis County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Schoenchen, Ellis County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$1,762
$1,635
Ownwell’s Schoenchen Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Schoenchen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Schoenchen to project your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any applicable exemptions.
Property Tax Rates Across Schoenchen, Ellis County, Kansas
Property taxes in Schoenchen, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Schoenchen is 1.67%, significantly higher than the U.S. national median of 0.99%. Local government entities within Schoenchen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Schoenchen 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 Schoenchen's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67667 zip code has both the highest and lowest median property tax rate of 1.67%. Understanding how these cities compare with Schoenchen provides valuable insights into the varying tax landscape across Ellis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Schoenchen Tax Rate
1.67%
Average Ellis County Tax Rate
1.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schoenchen, Ellis County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67667 | 1.67% | 1.67% | 1.67% | 1.67% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Schoenchen, Ellis County, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Schoenchen, Kansas. The market value represents 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 Ellis 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 Schoenchen, 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. For instance, the zip code 67667 has the highest and lowest median tax bill, both at $1,662. 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 Schoenchen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Schoenchen, Ellis County, Kansas
Source: Ownwell
$105,495
$160,663
$215,830
Average Schoenchen Assessed Value
$105,495
Average Ellis County Assessed Value
$196,000
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Schoenchen, Ellis County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67667 | $16,715 | $69,652 | $105,495 | $139,508 | $169,677 |
Source: Ownwell
Property Tax Bills Across Schoenchen, Ellis County, Kansas
In Schoenchen, located in Ellis County, KS, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor, who evaluates the market value of the home and then applies an assessment ratio to it. For instance, if the median home price in Schoenchen is $105,495, the assessed value will be a percentage of this market value. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. In Schoenchen, the median property tax bill is $1,662, which is significantly higher than the national median property tax rate of 0.99%. This indicates that the effective tax rate in Schoenchen is relatively high, impacting homeowners by increasing their annual financial obligations. Factors such as local government budgets, school funding, and public services play a crucial role in determining the tax rate, thereby influencing the final tax bill homeowners receive.
Average Schoenchen Tax Bill
$1,662
Average Ellis County Tax Bill
$2,637
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Schoenchen, Ellis County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67667 | $1,662 | $1,662 | $1,662 | $1,662 | $1,662 |
Source: Ownwell