Offerle, Kansas Property Taxes
The median property tax rate in Offerle, KS is 2.48%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Offerle at $146,400, the typical annual property tax bill reaches $2,951, exceeding the national median of $2,690. Property taxes in Offerle 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 Offerle'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 Offerle or another part of Ford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Offerle, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.48%
Estimate Property Tax Bill
$3,631
Ownwell’s Offerle Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Offerle. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Offerle to provide an accurate estimate of your property tax bill. This user-friendly tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in neighborhood-level trends, more detailed information is available as you scroll down. Your property’s assessed value, determined by Ford County, forms the basis for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Offerle, Kansas
Property taxes in Offerle, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Offerle is 2.48%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Offerle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Offerle 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 Offerle's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67563 has both the highest and the lowest median property tax rate of 2.48%. Understanding how these cities compare with Offerle provides valuable insights into the varying tax landscape across Ford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Offerle Tax Rate
2.48%
Average Ford County Tax Rate
1.91%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Offerle, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67563 | 1.82% | 1.84% | 2.48% | 2.91% | 3.63% |
Source: Ownwell
Property Tax Assessment Values Across Offerle, Kansas
In Offerle, 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 Ford 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 Offerle, 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 Offerle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Offerle are both $2,951, found in the zip code 67563.
Average Offerle Assessed Value
$146,400
Average Ford County Assessed Value
$108,530
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Offerle, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67563 | $69,826 | $91,715 | $146,400 | $174,735 | $229,712 |
Source: Ownwell
Property Tax Bills Across Offerle, Kansas
In Offerle, located in Ford County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to determine the tax bill. For example, with a median home price of $146,400, homeowners can expect variations in their tax bills. The 25th percentile tax bill stands at $2,331, while the 75th percentile is $4,232, and the 90th percentile reaches $6,848. The highest median tax bill in the area is $2,951, matching the lowest median tax bill, both in the 67563 zip code. These figures highlight the range of property tax burdens that homeowners in Offerle might face. While the national median property tax rate is 0.99%, Offerle's rates can significantly impact homeowners' annual expenses, making it crucial for residents to understand how their property tax bills are determined and what factors influence them.
Average Offerle Tax Bill
$2,951
Average Ford County Tax Bill
$2,081
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Offerle, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67563 | $1,744 | $2,331 | $2,951 | $4,232 | $6,848 |
Source: Ownwell