Leawood, Johnson County, Kansas Property Taxes
The median property tax rate in Leawood, KS is 1.24%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Leawood at $508,200, the typical annual property tax bill reaches $6,510, exceeding the national median of $2,690. Property taxes in Leawood 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 Leawood'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 Leawood 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
Leawood, Johnson County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$6,302
$5,848
Ownwell’s Leawood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leawood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leawood 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 Leawood, Johnson County, Kansas
Property taxes in Leawood, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Leawood is 1.24%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Leawood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Leawood 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 Leawood's effective property tax rate to other areas in Kansas and the national median. For comparison, the 66224 zip code has the highest median property tax rate of 1.33%, while the 66206 zip code has the lowest median tax rate of 1.23%. Understanding how these areas compare with Leawood 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 Leawood Tax Rate
1.24%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leawood, Johnson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66206 | 1.21% | 1.22% | 1.23% | 1.23% | 1.24% |
| 66209 | 1.22% | 1.22% | 1.32% | 1.33% | 1.33% |
| 66211 | 1.28% | 1.30% | 1.33% | 1.33% | 1.34% |
| 66224 | 1.32% | 1.32% | 1.33% | 1.33% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Leawood, Johnson County, Kansas
In Leawood, 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 Leawood, 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 Leawood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Leawood's highest median tax bill is $7,913 in the 66211 zip code, while the lowest median tax bill is $4,942 in the 66224 zip code.
Property Tax Assessment Values Across Leawood, Johnson County, Kansas
Source: Ownwell
$178,200
$624,900
$1,071,600
Average Leawood Assessed Value
$508,200
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 Leawood, Johnson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66206 | $344,560 | $423,300 | $512,800 | $653,700 | $924,680 |
| 66209 | $360,200 | $418,200 | $500,000 | $596,050 | $709,000 |
| 66211 | $148,900 | $236,300 | $596,100 | $1,039,550 | $1,437,420 |
| 66224 | $183,000 | $356,900 | $375,200 | $800,800 | $862,200 |
Source: Ownwell
Property Tax Bills Across Leawood, Johnson County, Kansas
Property tax bills in Leawood, located in Johnson County, KS, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Leawood is $508,200, and local tax rates are applied to this assessed value to determine the annual tax bill. The assessed value is influenced by factors such as property size, location, and market conditions. Homeowners in Leawood can expect tax bills ranging significantly, with the 25th percentile paying around $5,124, while those in the 75th percentile face bills of approximately $8,168. The top 10% of property tax bills can reach up to $11,153. The highest median tax bill in the area is $7,913 in the 66211 zip code, whereas the lowest is $4,942 in the 66224 zip code. These property taxes fund essential local services, such as schools, public safety, and infrastructure, thereby directly impacting the community's quality of life and the homeowner's financial planning.
Average Leawood Tax Bill
$6,510
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Leawood, Johnson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66206 | $4,086 | $5,135 | $6,279 | $8,047 | $11,393 |
| 66209 | $4,469 | $5,280 | $6,552 | $7,793 | $9,215 |
| 66211 | $1,978 | $2,957 | $7,913 | $13,838 | $19,154 |
| 66224 | $2,689 | $4,696 | $4,942 | $10,652 | $11,475 |
Source: Ownwell