Horton, Kansas Property Taxes
The median property tax rate in Horton, KS is 2.50%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Horton at $135,050, the typical annual property tax bill reaches $3,722, exceeding the national median of $2,690. Property taxes in Horton 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 Horton’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 Horton 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
Horton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.5%
Estimate Property Tax Bill
$3,376
Ownwell's Horton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Horton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Horton 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 Horton, Kansas
Property taxes in Horton, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Horton is 1.50%, higher than both the Kansas state median of 1.37% and the U.S. national median of 0.99%. Local government entities within Horton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Horton 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 Horton's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66439 has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with Horton provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Horton Tax Rate
2.50%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Horton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66439 | 1.33% | 1.46% | 2.50% | 2.76% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Horton, Kansas
In Horton, 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 Jackson 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 Horton, 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 Horton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Horton is $3722 in the zip code 66439, which is also the lowest median tax bill.
Average Horton Assessed Value
$135,050
Average Jackson County Assessed Value
$133,885
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Horton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66439 | $83,990 | $100,460 | $135,050 | $155,940 | $186,174 |
Source: Ownwell
Property Tax Bills Across Horton, Kansas
In Horton, KS, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. The median home price in Horton is $135,050. Local tax rates are applied to this assessed value to calculate the annual tax bill. Factors influencing the tax bill include the property’s market value, the local tax rate, and any applicable exemptions or deductions. For instance, the 25th percentile tax bill in Horton is $1,463, while the 75th percentile tax bill is $4,412, and the 90th percentile tax bill reaches $4,862. These figures illustrate the range of property tax burdens homeowners can face, depending on their property's assessed value. Comparatively, the national median property tax rate is 0.99%, making Horton's property taxes relatively significant. Homeowners in Horton must budget for these taxes as part of their overall housing costs, influencing both affordability and long-term financial planning.
Average Horton Tax Bill
$3,722
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Horton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66439 | $1,130 | $1,463 | $3,722 | $4,412 | $4,862 |
Source: Ownwell