Tonganoxie, Kansas Property Taxes
The median property tax rate in Tonganoxie, KS is 1.16%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $270,390 in Tonganoxie, the typical annual property tax bill reaches $2,880, which is above the national median of $2,690. Property taxes in Tonganoxie are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural land. Understanding Tonganoxie'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 Tonganoxie or another part of Jefferson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tonganoxie, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$3,137
$2,911
Ownwell’s Tonganoxie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tonganoxie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tonganoxie 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 Tonganoxie, Kansas
Property taxes in Tonganoxie, Kansas, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Tonganoxie is 1.16%, which is higher than the U.S. national median of 0.99%. Local government entities within Tonganoxie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tonganoxie 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 Tonganoxie's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66086 has the highest median property tax rate of 1.16%, while the same zip code also represents the lowest median tax rate of 1.16%. Understanding how these values compare with Tonganoxie 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 Tonganoxie Tax Rate
1.16%
Average Jefferson County Tax Rate
1.23%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tonganoxie, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66086 | 0.91% | 1.11% | 1.16% | 1.22% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Tonganoxie, Kansas
In Tonganoxie, 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 Tonganoxie, 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 Tonganoxie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,880, found in the 66086 zip code.
Average Tonganoxie Assessed Value
$270,390
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 Tonganoxie, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66086 | $171,120 | $236,440 | $270,390 | $309,225 | $333,160 |
Source: Ownwell
Property Tax Bills Across Tonganoxie, Kansas
In Tonganoxie, located in Jefferson County, KS, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the property's market value, and this rate can vary. For homeowners in Tonganoxie, the median home price is $270,390. The property tax rate in Jefferson County plays a crucial role in determining the final tax bill. Several factors influence the tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Tonganoxie can expect their property tax bills to fall within a range, with the 25th percentile at $2,612 and the 75th percentile at $3,242. For those at the higher end, the 90th percentile tax bill reaches $4,302. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, homeowners in Tonganoxie experience a tax environment that reflects their local economic and policy conditions.
Average Tonganoxie Tax Bill
$2,880
Average Jefferson County Tax Bill
$2,300
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Tonganoxie, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66086 | $2,027 | $2,612 | $2,880 | $3,242 | $4,302 |
Source: Ownwell