Zenda, Kansas Property Taxes
The median property tax rate in Zenda, KS is 1.93%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Zenda at $58,570, the typical annual property tax bill reaches $1,112, surpassing the national median of $2,690. Property taxes in Zenda are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Zenda'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 Zenda 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
Zenda, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.93%
Estimate Property Tax Bill
$1,130
Ownwell’s Zenda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zenda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zenda 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 Zenda, Kansas
Property taxes in Zenda, Kansas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Zenda stands at 1.93%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Zenda set these rates annually, and they can vary across different neighborhoods. Each year, Zenda estimates its required budget to maintain services for the upcoming fiscal year. This budget is then divided 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 Zenda's effective property tax rate to other regions in Kansas and the national median. For comparison, the zip code 67159 has both the highest and lowest median property tax rate of 1.93%. Understanding how these areas compare with Zenda 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 Zenda Tax Rate
1.93%
Average Kingman County Tax Rate
1.98%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zenda, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67159 | 1.87% | 1.87% | 1.93% | 2.29% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across Zenda, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Zenda, 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 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 Zenda, 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 Zenda 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 in Zenda is 67159, amounting to $1,112.
Average Zenda Assessed Value
$58,570
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 Zenda, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67159 | $8,475 | $32,602 | $58,570 | $115,732 | $187,705 |
Source: Ownwell
Property Tax Bills Across Zenda, Kansas
In Zenda, Kansas, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. Homeowners in Zenda typically see a median home price of $58,570. The assessed value is then multiplied by the local tax rate set by Kingman County to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Zenda, the tax bills can vary significantly. At the 25th percentile, the tax bill is around $604, while at the 75th percentile, it rises to $2,516. For those in the 90th percentile, tax bills can reach up to $3,894. The highest and lowest median tax bills in the area are both $1,112, observed in the 67159 zip code. Compared to the national median property tax rate of 0.99%, Zenda's tax rates can have a noticeable impact on homeowners' finances, making it essential for residents to understand how their tax bills are calculated and what factors contribute to them.
Average Zenda Tax Bill
$1,112
Average Kingman County Tax Bill
$1,733
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Zenda, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67159 | $186 | $604 | $1,112 | $2,516 | $3,894 |
Source: Ownwell