Pretty Prairie, Kingman County, Kansas Property Taxes
The median property tax rate in Pretty Prairie, KS is 1.83%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Pretty Prairie at $156,470, the typical annual property tax bill reaches $2,800, slightly exceeding the national median of $2,690. Property taxes in Pretty Prairie 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 Pretty Prairie'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 Pretty Prairie 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
Pretty Prairie, Kingman County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.83%
Estimate Property Tax Bill
$2,863
$2,657
Ownwell’s Pretty Prairie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pretty Prairie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pretty Prairie 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 Pretty Prairie, Kingman County, Kansas
Property taxes in Pretty Prairie, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pretty Prairie is 1.83%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Pretty Prairie set these rates annually, and they can vary across different neighborhoods. Each year, Pretty Prairie 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 Pretty Prairie's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 67570 has the highest median property tax rate of 1.83%, while the same zip code also has the lowest median tax rate of 1.83%. Understanding how these figures compare with Pretty Prairie provides valuable insights into the varying tax landscape across Kingman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pretty Prairie Tax Rate
1.83%
Average Kingman County Tax Rate
1.98%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pretty Prairie, Kingman County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67570 | 1.63% | 1.69% | 1.83% | 1.91% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Pretty Prairie, Kingman County, Kansas
In Pretty Prairie, 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 Kingman 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 Pretty Prairie, 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 Pretty Prairie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pretty Prairie is $156,470, with tax bills ranging from $1,900 at the 25th percentile to $5,094 at the 90th percentile. Notably, the highest and lowest median tax bills both stand at $2,800 in the 67570 zip code.
Property Tax Assessment Values Across Pretty Prairie, Kingman County, Kansas
Source: Ownwell
$51,620
$107,310
$163,000
Average Pretty Prairie Assessed Value
$156,470
Average Kingman County Assessed Value
$84,385
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pretty Prairie, Kingman County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67570 | $78,478 | $101,220 | $156,470 | $189,350 | $290,666 |
Source: Ownwell
Property Tax Bills Across Pretty Prairie, Kingman County, Kansas
In Pretty Prairie, property tax bills are calculated based on the assessed value of a home, which is determined by the Kingman County Assessor's Office. The assessed value is a percentage of the property's market value and is used to calculate the tax bill. Various factors influence the assessed value, including the size, location, and condition of the property. Homeowners in Pretty Prairie can expect property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $1,900, while those in the 75th percentile can see bills as high as $3,902. The top 10% of homeowners face even steeper bills, with the 90th percentile reaching up to $5,094. Compared to the national median property tax rate of 0.99%, Pretty Prairie's tax bills reflect the diverse range of property values within the area. This variation can significantly impact homeowners, influencing decisions about buying, selling, or investing in property improvements. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Pretty Prairie Tax Bill
$2,800
Average Kingman County Tax Bill
$1,733
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Pretty Prairie, Kingman County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67570 | $1,376 | $1,900 | $2,800 | $3,902 | $5,094 |
Source: Ownwell