Edgerton, Kansas Property Taxes
The median property tax rate in Edgerton, KS is 1.59%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Edgerton at $195,145, the typical annual property tax bill reaches $3,079, exceeding the national median of $2,690. Property taxes in Edgerton 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 Edgerton'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 Edgerton 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
Edgerton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$3,103
$2,879
Ownwell’s Edgerton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Edgerton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edgerton 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 Edgerton, Kansas
Property taxes in Edgerton, Kansas, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Edgerton is 1.59%, significantly higher than the U.S. national median of 0.99%. Local government entities within Edgerton set these rates annually, and they can vary across different neighborhoods. Each year, Edgerton estimates its required budget to maintain services for the upcoming fiscal year and 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 Edgerton's effective property tax rate to other areas in Johnson County and the national median. For comparison, the zip code 66021 has the highest median property tax rate of 1.59%, while the same zip code also has the lowest median tax rate of 1.59%. Understanding how these rates compare with Edgerton provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Edgerton Tax Rate
1.59%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edgerton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66021 | 1.28% | 1.58% | 1.59% | 1.60% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Edgerton, Kansas
In Edgerton, 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 Johnson 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 Edgerton, 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 Edgerton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 66021, with a median tax bill of $3,082.
Average Edgerton Assessed Value
$195,145
Average Johnson County Assessed Value
$319,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edgerton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66021 | $139,500 | $163,200 | $195,300 | $230,352 | $293,850 |
Source: Ownwell
Property Tax Bills Across Edgerton, Kansas
In Edgerton, located in Johnson County, KS, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, and the local tax rate is then applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Edgerton, the median home price stands at $195,145. The property tax bills vary significantly, with the 25th percentile at $2,599 and the 75th percentile reaching $3,648. At the 90th percentile, homeowners might see tax bills as high as $4,160. Notably, the highest and lowest median tax bills in the area are both recorded at $3,082 in the zip code 66021. Compared to the national median property tax rate of 0.99%, Edgerton's property taxes can be relatively substantial, impacting the overall cost of homeownership and potentially influencing decisions about buying or selling property in the area.
Average Edgerton Tax Bill
$3,079
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Edgerton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66021 | $2,204 | $2,599 | $3,082 | $3,649 | $4,160 |
Source: Ownwell