Saint Marys, Kansas Property Taxes
The median property tax rate in Saint Marys, KS is 1.12%, slightly above the national median of 0.99% but below the Kansas state median of 1.43%. With a median home value of $266,270 in Saint Marys, the typical annual property tax bill amounts to $2,625, which is just under the national median of $2,690. Property taxes in Saint Marys are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Saint Marys' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Marys 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
Saint Marys, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Saint Marys Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Marys with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Marys 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 Saint Marys, Kansas
Property taxes in Saint Marys, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Marys is 1.12%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Saint Marys set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Marys 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 Saint Marys' effective property tax rate to other counties in Kansas and the national median. For comparison, the 66536 zip code has the highest median property tax rate of 1.12%, while the 66536 zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Saint Marys 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 Saint Marys Tax Rate
1.12%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | 0.95% | 1.07% | 1.12% | 1.32% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Saint Marys, Kansas
In Saint Marys, 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 Saint Marys, 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. The median home price in Saint Marys is $266,270, with tax bills ranging from $1,681 at the 25th percentile to $3,893 at the 90th percentile. The highest and lowest median tax bills in the area are both $2,625, found in the 66536 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage the tax burden.
Average Saint Marys Assessed Value
$266,270
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 Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | $85,186 | $151,240 | $266,270 | $278,130 | $311,018 |
Source: Ownwell
Property Tax Bills Across Saint Marys, Kansas
In Saint Marys, KS, property tax bills are calculated based on the assessed value of a home, 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. Several factors influence this process, including the home's location, size, and any improvements made to the property. Homeowners in Saint Marys can expect varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is around $1,681, while those in the 75th percentile pay approximately $3,322. The highest median tax bill in the area is $2,625, found in the zip code 66536. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. With the national median property tax rate at 0.99%, understanding how these taxes are calculated can help homeowners in Saint Marys better manage their financial planning and property investments.
Average Saint Marys Tax Bill
$2,625
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | $1,123 | $1,681 | $2,625 | $3,322 | $3,893 |
Source: Ownwell