Valley Center, Kansas Property Taxes
The median property tax rate in Valley Center, KS is 1.41%, which is higher than the national median of 0.99% but slightly lower than the Kansas state median of 1.43%. With a median home value of $222,895 in Valley Center, the typical annual property tax bill reaches $3,574, surpassing the national median of $2,690. Property taxes in Valley Center are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Valley Center'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 Valley Center 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
Valley Center, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$3,143
Ownwell’s Valley Center Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Valley Center. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Valley Center to provide an accurate estimate of your property tax bill. This powerful tool helps you grasp potential tax liabilities with ease. For those interested in more detailed insights, you can explore neighborhood-level trends by scrolling down. Your property's assessed value, determined by the county, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Valley Center, Kansas
Property taxes in Valley Center, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Valley Center is 1.41%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Valley Center set these rates annually, and they can vary across different neighborhoods. Each year, Valley Center 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 Valley Center's effective property tax rate to other areas in Kansas and the national median. For comparison, the ZIP code 67147 has the highest median property tax rate of 1.41%, while the same ZIP code also represents the lowest median tax rate of 1.41%. Understanding how these areas compare with Valley Center provides valuable insights into the varying tax landscape across Harvey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Valley Center Tax Rate
1.41%
Average Harvey County Tax Rate
1.99%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Valley Center, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67147 | 1.33% | 1.37% | 1.41% | 1.61% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Valley Center, Kansas
In Valley Center, 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 Harvey 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 Valley Center, 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 Valley Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Valley Center is $3,574 in the 67147 zip code, while the lowest is also $3,574 in the same zip code.
Average Valley Center Assessed Value
$222,895
Average Harvey County Assessed Value
$132,235
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Valley Center, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67147 | $98,344 | $147,660 | $222,895 | $340,608 | $383,434 |
Source: Ownwell
Property Tax Bills Across Valley Center, Kansas
Property tax bills in Valley Center, located in Harvey County, KS, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. In Valley Center, homeowners face a diverse range of tax bills, with the 25th percentile at $2,021 and the 75th percentile reaching $4,710. The 90th percentile tax bill climbs to $5,878, showcasing the variation in property tax expenses within the area. Compared to the national median property tax rate of 0.99%, Valley Center's tax bills reflect both the assessed property values and the specific tax rates applied locally. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Homeowners must consider these factors when budgeting for their annual expenses, as property taxes represent a significant financial commitment.
Average Valley Center Tax Bill
$3,574
Average Harvey County Tax Bill
$2,442
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Valley Center, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67147 | $1,053 | $2,021 | $3,574 | $4,710 | $5,878 |
Source: Ownwell