Spring Hill, Kansas Property Taxes
The median property tax rate in Spring Hill, KS is 1.63%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Spring Hill, the typical annual property tax bill reaches $4,129, exceeding the national median of $2,690. Property taxes in Spring Hill 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 Spring Hill'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 Spring Hill 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
Spring Hill, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$4,310
Ownwell’s SPRING HILL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SPRING HILL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SPRING HILL 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 Spring Hill, Kansas
Property taxes in Spring Hill, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Spring Hill is 1.63%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Spring Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Spring Hill 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 Spring Hill's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66083 zip code has the highest median property tax rate of 1.63%, while the 66083 zip code also has the lowest median tax rate of 1.63%. Understanding how these areas compare with Spring Hill 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 Spring Hill Tax Rate
1.63%
Average Johnson County Tax Rate
1.32%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Spring Hill, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66083 | 1.37% | 1.58% | 1.63% | 1.69% | 2.13% |
Source: Ownwell
Property Tax Assessment Values Across Spring Hill, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Spring Hill, Kansas. 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 Spring Hill, 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 median home price in Spring Hill is $264,400, with tax bills ranging from $2,580 at the 25th percentile to $7,577 at the 90th percentile. The highest and lowest median tax bills both stand at $4,129 in the 66083 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Spring Hill, Kansas
Source: Ownwell
$2,580
$11,587,790
$23,173,000
Average Spring Hill Assessed Value
$264,400
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 Spring Hill, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66083 | $47,200 | $150,700 | $264,400 | $379,800 | $445,400 |
Source: Ownwell
Property Tax Bills Across Spring Hill, Kansas
In Spring Hill, KS, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The assessed value is then multiplied by the local tax rate set by Johnson County. For example, with a median home price of $264,400, homeowners can expect varying tax bills depending on their property's assessed value. The 25th percentile of tax bills in Spring Hill is $2,580, while the 75th percentile reaches $6,194, and the 90th percentile goes up to $7,577. These figures highlight the range homeowners might encounter based on their specific property values and other factors such as any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Spring Hill's tax bills can be significantly higher, particularly in certain areas within the 66083 zip code, which has the highest median tax bill of $4,129. This variation in tax bills can impact homeowners' financial planning and overall affordability of living in the area.
Average Spring Hill Tax Bill
$4,129
Average Johnson County Tax Bill
$4,179
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Spring Hill, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66083 | $899 | $2,580 | $4,129 | $6,194 | $7,577 |
Source: Ownwell