Bonner Springs, Leavenworth County, Kansas Property Taxes
The median property tax rate in Bonner Springs, KS is 1.19%, which is higher than the national median of 0.99% but lower than Kansas's state median of 1.43%. With a median home value of $394,425 in Bonner Springs, the typical annual property tax bill is $4,754, significantly exceeding the national median of $2,690. Property taxes in Bonner Springs are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural land. Understanding Bonner Springs's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bonner Springs 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
Bonner Springs, Leavenworth County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$4,694
$4,356
Ownwell’s Bonner Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bonner Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bonner Springs 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 Bonner Springs, Leavenworth County, Kansas
Property taxes in Bonner Springs, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bonner Springs is 1.19%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Bonner Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bonner Springs 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 Bonner Springs' effective property tax rate to other counties in Kansas and the national median. For comparison, the 66012 zip code has the highest median property tax rate of 1.19%, while the 66012 zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Bonner Springs provides valuable insights into the varying tax landscape across Leavenworth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bonner Springs Tax Rate
1.19%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bonner Springs, Leavenworth County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66012 | 1.08% | 1.14% | 1.19% | 1.28% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Bonner Springs, Leavenworth County, Kansas
In Bonner Springs, 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 Leavenworth 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 Bonner Springs, 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. For instance, the zip code with the highest median tax bill is 66012, amounting to $4,754, while the lowest median tax bill is also found in the same zip code, reflecting the uniformity in tax assessments. Being aware of these valuation processes in Bonner Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Bonner Springs, Leavenworth County, Kansas
Source: Ownwell
$149,725
$272,075
$394,425
Average Bonner Springs Assessed Value
$394,425
Average Leavenworth County Assessed Value
$241,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bonner Springs, Leavenworth County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66012 | $147,077 | $294,068 | $394,425 | $501,832 | $653,330 |
Source: Ownwell
Property Tax Bills Across Bonner Springs, Leavenworth County, Kansas
In Bonner Springs, located in Leavenworth County, KS, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. This value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $394,425, homeowners in Bonner Springs can expect varying tax bills depending on their property's assessed value and specific circumstances. The tax bill for the 25th percentile is around $3,615, while those in the 75th percentile see bills closer to $6,006. The 90th percentile tax bill reaches up to $7,401. These figures illustrate the range of property tax burdens homeowners might face. Compared to the national median property tax rate of 0.99%, Bonner Springs homeowners experience a relatively higher tax rate, which can significantly impact their annual expenses. Understanding these factors helps homeowners budget effectively and anticipate their financial obligations.
Property Tax Bills Across Bonner Springs, Leavenworth County, Kansas
Source: Ownwell
$1,865
$3,359
$4,852
Average Bonner Springs Tax Bill
$4,754
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Bonner Springs, Leavenworth County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66012 | $2,586 | $3,615 | $4,754 | $6,006 | $7,401 |
Source: Ownwell