Piedmont, Kansas Property Taxes
The median property tax rate in Piedmont, Kansas is 1.88%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Piedmont, the typical annual property tax bill reaches $1,020, exceeding the national median of $2,690. Property taxes in Piedmont 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 Piedmont'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 Piedmont 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
Piedmont, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$1,051
$975
Ownwell’s Piedmont Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Piedmont using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Piedmont 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 Piedmont, Kansas
Property taxes in Piedmont, Kansas, are essential for funding critical local services including public schools, road maintenance, and emergency services. The median tax rate in Piedmont is 1.88%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Piedmont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Piedmont estimates its required budget to maintain services for the upcoming fiscal year. This budget is then divided 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 Piedmont's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67122 has both the highest and the lowest median property tax rate of 1.88%. Understanding how these areas compare with Piedmont provides valuable insights into the varying tax landscape across Greenwood County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Piedmont Tax Rate
1.88%
Average Greenwood County Tax Rate
2.02%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Piedmont, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67122 | 1.54% | 1.65% | 1.88% | 2.26% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Piedmont, Kansas
In Piedmont, 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 local 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 Piedmont, 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 Piedmont helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Piedmont is $1,020 in the 67122 zip code, while the lowest median tax bill is also $1,020 in the same zip code.
Average Piedmont Assessed Value
$55,890
Average Greenwood County Assessed Value
$39,700
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Piedmont, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67122 | $4,164 | $11,380 | $55,890 | $95,240 | $218,534 |
Source: Ownwell
Property Tax Bills Across Piedmont, Kansas
Property tax bills in Piedmont, Greenwood County, KS, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For instance, the median home price in Piedmont is $55,890. Homeowners in the 25th percentile pay around $191 annually, while those in the 75th percentile see bills closer to $2,025. High-end homes, in the 90th percentile, can face tax bills up to $4,833. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Piedmont's tax rates can vary significantly, reflecting the local government's budgetary needs and the assessed property values. Homeowners should stay informed about their property's assessed value and any changes in local tax rates to manage their financial planning effectively.
Average Piedmont Tax Bill
$1,020
Average Greenwood County Tax Bill
$769
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Piedmont, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67122 | $69 | $191 | $1,020 | $2,025 | $4,833 |
Source: Ownwell