Perry, Jefferson County, Kansas Property Taxes
The median property tax rate in Perry, KS is 1.23%, higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Perry, the typical annual property tax bill reaches $2,391, just below the national median of $2,690. Property taxes in Perry 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 Perry'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 Perry 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
Perry, Jefferson County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,423
$2,248
Ownwell’s Perry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Perry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Perry 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 Perry, Jefferson County, Kansas
Property taxes in Perry, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perry is 1.23%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Perry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Perry 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 Perry's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66073 zip code has the highest median property tax rate of 1.23%, while the 66073 zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Perry provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Perry Tax Rate
1.23%
Average Jefferson County Tax Rate
1.23%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perry, Jefferson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66073 | 1.03% | 1.16% | 1.23% | 1.32% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Perry, Jefferson County, Kansas
In Perry, 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 Jefferson 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 Perry, 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 Perry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Perry is $2391 in zip code 66073, which is also the lowest median tax bill.
Property Tax Assessment Values Across Perry, Jefferson County, Kansas
Source: Ownwell
$118,115
$194,253
$270,390
Average Perry Assessed Value
$196,955
Average Jefferson County Assessed Value
$183,070
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Perry, Jefferson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66073 | $94,796 | $145,600 | $196,955 | $274,425 | $363,120 |
Source: Ownwell
Property Tax Bills Across Perry, Jefferson County, Kansas
In Perry, located in Jefferson County, KS, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. For homeowners in Perry, the median home price is $196,955. The tax bill varies significantly depending on the assessed value and specific location within the city. For instance, the tax bill at the 25th percentile is $1,731, while at the 75th percentile, it rises to $3,251. At the 90th percentile, homeowners may see tax bills as high as $4,246. These tax bills are influenced by several factors, including the home's assessed value, local tax rates, and any applicable exemptions. Homeowners in Perry should be aware that their property tax bills can significantly impact their annual expenses, particularly when compared to the national median property tax rate of 0.99%. Understanding these variables can help residents better manage their financial planning and anticipate changes in their property tax obligations.
Average Perry Tax Bill
$2,391
Average Jefferson County Tax Bill
$2,300
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Perry, Jefferson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66073 | $1,057 | $1,731 | $2,391 | $3,251 | $4,246 |
Source: Ownwell