Overland Park, Kansas Property Taxes
The median property tax rate in Overland Park, KS is 1.22%, slightly higher than the national median of 0.99% but below the Kansas state median of 1.43%. With the median home value in Overland Park at $350,750, the typical annual property tax bill reaches $4,205, significantly exceeding the national median of $2,690. Property taxes in Overland Park 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 Overland Park'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 Overland Park 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
Overland Park, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$4,279
Ownwell’s Overland Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Overland Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Overland Park 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 Overland Park, Kansas
Property taxes in Overland Park, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Overland Park is 1.22%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Overland Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Overland Park 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 Overland Park's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66219 zip code has the highest median property tax rate of 1.44%, while the 66204 zip code has the lowest median tax rate of 1.11%. Understanding how these cities compare with Overland Park 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 Overland Park Tax Rate
1.22%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Overland Park, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66013 | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
| 66085 | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% |
| 66202 | 0.73% | 1.12% | 1.12% | 1.12% | 1.26% |
| 66204 | 1.11% | 1.11% | 1.11% | 1.12% | 1.13% |
| 66206 | 1.07% | 1.12% | 1.12% | 1.12% | 1.12% |
| 66207 | 1.11% | 1.12% | 1.12% | 1.12% | 1.13% |
| 66209 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
| 66210 | 1.21% | 1.22% | 1.22% | 1.30% | 1.30% |
| 66212 | 1.10% | 1.11% | 1.11% | 1.12% | 1.12% |
| 66213 | 1.22% | 1.22% | 1.22% | 1.30% | 1.30% |
| 66214 | 1.11% | 1.11% | 1.12% | 1.12% | 1.13% |
| 66219 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
| 66221 | 1.22% | 1.22% | 1.22% | 1.23% | 1.33% |
| 66223 | 1.21% | 1.21% | 1.22% | 1.22% | 1.22% |
| 66224 | 1.22% | 1.22% | 1.32% | 1.33% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Overland Park, Kansas
In Overland Park, 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 Overland Park, 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. For instance, the highest median tax bill in Overland Park is $7,213 in the 66221 zip code, while the lowest median tax bill is $1,325 in the 66085 zip code. 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 Overland Park helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Overland Park, Kansas
Source: Ownwell
$2,580
$11,587,790
$23,173,000
Average Overland Park Assessed Value
$350,750
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 Overland Park, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66013 | $104,450 | $104,450 | $104,450 | $104,450 | $104,450 |
| 66085 | $93,180 | $93,180 | $93,180 | $93,180 | $93,180 |
| 66202 | $158,792 | $263,250 | $296,100 | $314,700 | $352,440 |
| 66204 | $188,800 | $211,500 | $236,900 | $268,050 | $312,100 |
| 66206 | $240,975 | $297,425 | $325,750 | $378,000 | $395,650 |
| 66207 | $250,140 | $296,800 | $349,600 | $434,750 | $581,760 |
| 66209 | $385,650 | $425,375 | $467,250 | $518,100 | $570,950 |
| 66210 | $172,740 | $233,000 | $322,800 | $358,950 | $393,080 |
| 66212 | $179,600 | $233,900 | $275,900 | $314,900 | $370,990 |
| 66213 | $316,000 | $370,400 | $411,900 | $462,600 | $534,090 |
| 66214 | $202,700 | $252,000 | $295,300 | $337,900 | $385,500 |
| 66219 | $2,580 | $2,580 | $2,580 | $2,580 | $2,580 |
| 66221 | $395,300 | $470,500 | $581,300 | $720,650 | $920,700 |
| 66223 | $275,200 | $309,050 | $367,850 | $447,825 | $601,500 |
| 66224 | $362,880 | $442,300 | $543,000 | $726,200 | $975,860 |
Source: Ownwell
Property Tax Bills Across Overland Park, Kansas
In Overland Park, property tax bills are calculated based on the assessed value of a home, which is determined by the Johnson County Appraiser's Office. The assessed value is a percentage of the market value of the property. For homeowners in Overland Park, understanding this assessed value is crucial as it directly impacts their tax bill. The median home price in the area stands at $350,750, and the property tax rate in Johnson County is applied to this assessed value to determine the tax bill. Several factors influence the tax bill, including property location, home size, and any applicable exemptions. For example, the median property tax bill in Overland Park can range significantly, with the 25th percentile around $3,068 and the 75th percentile reaching $5,762. Homeowners in the highest median tax bill zip code, 66221, might see bills as high as $7,213, while those in the lowest, 66085, could have bills as low as $1,325. These variations highlight the importance of understanding local property tax assessments and their financial implications.
Average Overland Park Tax Bill
$4,205
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Overland Park, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66013 | $1,343 | $1,343 | $1,343 | $1,343 | $1,343 |
| 66085 | $1,325 | $1,325 | $1,325 | $1,325 | $1,325 |
| 66202 | $532 | $1,966 | $3,304 | $3,515 | $3,944 |
| 66204 | $2,090 | $2,351 | $2,657 | $3,063 | $3,586 |
| 66206 | $2,599 | $3,319 | $3,641 | $4,234 | $4,434 |
| 66207 | $2,791 | $3,325 | $3,925 | $4,929 | $6,657 |
| 66209 | $4,696 | $5,186 | $5,702 | $6,329 | $6,980 |
| 66210 | $2,180 | $2,907 | $4,037 | $4,484 | $4,892 |
| 66212 | $1,976 | $2,603 | $3,082 | $3,535 | $4,175 |
| 66213 | $3,907 | $4,580 | $5,131 | $5,802 | $6,782 |
| 66214 | $2,244 | $2,841 | $3,343 | $3,810 | $4,334 |
| 66219 | $37 | $37 | $37 | $37 | $37 |
| 66221 | $4,935 | $5,848 | $7,213 | $8,862 | $11,300 |
| 66223 | $3,339 | $3,756 | $4,489 | $5,477 | $7,380 |
| 66224 | $4,630 | $5,556 | $7,114 | $9,468 | $12,884 |
Source: Ownwell