Whiting, Kansas Property Taxes
The median property tax rate in Whiting, KS is 1.40%, slightly lower than the Kansas state median of 1.43% but still higher than the national median of 0.99%. With a median home value of $91,930 in Whiting, the typical annual property tax bill amounts to $1,289, which is below the national median of $2,690. Property taxes in Whiting are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Whiting'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 Whiting or another part of Jackson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Whiting, 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 Whiting Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whiting with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whiting 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 Whiting, Kansas
Property taxes in Whiting, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whiting stands at 1.40%, which is significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Whiting set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whiting 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 Whiting's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66552 has both the highest and lowest median property tax rate of 1.40%. Understanding how these cities compare with Whiting 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 Whiting Tax Rate
1.40%
Average Jackson County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whiting, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66552 | 1.17% | 1.29% | 1.40% | 1.74% | 2.60% |
Source: Ownwell
Property Tax Assessment Values Across Whiting, Kansas
In Whiting, 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 Whiting, 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. For instance, the median home price in Whiting is $91,930, with tax bills ranging from $659 at the 25th percentile to $4,493 at the 90th percentile. The highest and lowest median tax bills are both $1,289 in the 66552 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Whiting Assessed Value
$91,930
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 Whiting, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66552 | $18,402 | $51,260 | $91,930 | $159,420 | $246,424 |
Source: Ownwell
Property Tax Bills Across Whiting, Kansas
In Whiting, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Whiting can expect their tax bills to vary significantly depending on factors such as the assessed value of their property and the local tax rate. For instance, homes in the 25th percentile have a tax bill around $659, while those in the 75th percentile see bills closer to $2,347. The highest tax bills in the area can reach up to $4,493, indicating a wide range in potential tax obligations. The median home price in Whiting is $91,930, and the property tax rate in Jackson County is influenced by local government budgets and school district funding needs. Compared to the national median property tax rate of 0.99%, the tax rate in Whiting can be a crucial factor for homeowners budgeting their annual expenses. Understanding these elements helps homeowners anticipate their tax liabilities and plan accordingly.
Average Whiting Tax Bill
$1,289
Average Jackson County Tax Bill
$1,989
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Whiting, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66552 | $245 | $659 | $1,289 | $2,347 | $4,493 |
Source: Ownwell