Finney County, Kansas Property Taxes
The median property tax rate in Finney County is 1.78%, which is significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Finney County at $199,470, the typical annual property tax bill reaches $3,484, which exceeds the national median of $2,690. Property taxes in Finney County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Finney County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Garden City or another part of Finney County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Finney County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$3,551
$3,295
Ownwell’s Finney County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Finney County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Finney County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations, taking into account any exemptions you may have on your property.
Property Tax Rates Across Finney County, Kansas
Property taxes in Finney County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Finney County is 1.78%, which is significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Finney County set these rates annually, and they can vary significantly between different areas within the county. Each year, Finney County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Deerfield has one of the higher property tax rates in Kansas at 2.14%, while the city of Marienthal boasts one of the lowest at 1.17%. Analyzing how Finney County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Finney County Tax Rate
1.78%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Finney County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cimarron | 1.32% | 1.37% | 1.58% | 1.85% | 2.28% |
| Deerfield | N/A | N/A | N/A | N/A | N/A |
| Garden City | 1.39% | 1.75% | 1.79% | 1.80% | 1.82% |
| Holcomb | 1.44% | 1.76% | 1.77% | 1.78% | 1.79% |
| Ingalls | N/A | N/A | N/A | N/A | N/A |
| Kalvesta | N/A | N/A | N/A | N/A | N/A |
| Marienthal | N/A | N/A | N/A | N/A | N/A |
| Pierceville | 1.18% | 1.23% | 1.34% | 1.38% | 1.91% |
| Scott City | 1.17% | 1.27% | 1.35% | 1.41% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Finney County, Kansas
In Finney County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Finney County Appraisal District. The assessed value, however, 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. Assessment notices in Finney County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Finney County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Deerfield has the highest median tax bill at $4,165, while Marienthal has the lowest at $108.
Average Finney County Assessed Value
$199,470
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Finney County, Kansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cimarron | $61,450 | $104,560 | $176,480 | $237,600 | $307,684 |
| Deerfield | N/A | N/A | N/A | N/A | N/A |
| Garden City | $87,466 | $144,220 | $198,100 | $270,410 | $364,156 |
| Holcomb | $126,884 | $176,530 | $215,030 | $264,320 | $325,432 |
| Ingalls | N/A | N/A | N/A | N/A | N/A |
| Kalvesta | N/A | N/A | N/A | N/A | N/A |
| Marienthal | N/A | N/A | N/A | N/A | N/A |
| Pierceville | $7,628 | $54,380 | $125,270 | $233,460 | $348,160 |
| Scott City | $8,905 | $73,245 | $149,855 | $229,345 | $403,035 |
Source: Ownwell
Property Tax Bills Across Finney County, Kansas
In Finney County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Various factors, such as the home's location, size, and condition, are considered when determining its market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. Homeowners in Finney County experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $2,541, while at the 75th percentile, it rises to $4,699. The tax bill at the 90th percentile can reach as high as $6,045. These figures highlight the variability in property tax obligations depending on the property's assessed value and location within the county. The highest median tax bill in the county is $4,165 in Deerfield, whereas Marienthal has the lowest median tax bill at just $108. This significant variation underscores the importance of understanding how local factors influence property tax calculations and their impact on homeowners.
Average Finney County Tax Bill
$3,484
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Finney County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cimarron | $879 | $1,653 | $2,860 | $3,939 | $5,887 |
| Deerfield | N/A | N/A | N/A | N/A | N/A |
| Garden City | $1,476 | $2,513 | $3,466 | $4,717 | $6,061 |
| Holcomb | $2,354 | $3,035 | $3,749 | $4,616 | $5,789 |
| Ingalls | N/A | N/A | N/A | N/A | N/A |
| Kalvesta | N/A | N/A | N/A | N/A | N/A |
| Marienthal | N/A | N/A | N/A | N/A | N/A |
| Pierceville | $86 | $656 | $1,782 | $3,417 | $6,038 |
| Scott City | $104 | $930 | $2,234 | $4,320 | $5,725 |
Source: Ownwell