Easton, Kansas Property Taxes
The median property tax rate in Easton, KS is 1.05%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Easton at $149,725, the typical annual property tax bill reaches $1,865, which is below the national median of $2,690. Property taxes in Easton 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 Easton'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 Easton or another part of Leavenworth County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Easton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,572
Ownwell’s Easton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Easton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Easton 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 Easton, Kansas
Property taxes in Easton, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Easton is 1.05%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Easton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Easton 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 Easton's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66020 zip code has both the highest and lowest median property tax rate of 1.05%. Understanding how these cities compare with Easton provides valuable insights into the varying tax landscape across Leavenworth, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Easton Tax Rate
1.05%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Easton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66020 | 0.82% | 0.98% | 1.05% | 1.10% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Easton, Kansas
In Easton, 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 Easton, 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 Easton is $149,725, with tax bills ranging from $660 at the 25th percentile to $4,225 at the 90th percentile. The highest and lowest median tax bill in Easton is $1,865, found in zip code 66020. 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 Easton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Easton Assessed Value
$149,725
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 Easton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66020 | $14,480 | $54,110 | $149,725 | $275,340 | $394,869 |
Source: Ownwell
Property Tax Bills Across Easton, Kansas
Property tax bills in Easton, Leavenworth County, KS, are calculated based on the assessed value of a property, which is a percentage of its market value. The assessed value is determined by the county assessor and is then multiplied by the local tax rate to calculate the tax bill. For instance, with a median home price of $149,725, homeowners can expect varying tax bills depending on the assessed value and applicable exemptions. In Easton, the tax bill for the 25th percentile is $660, reflecting more modestly valued properties or those with significant exemptions. Meanwhile, the 75th percentile tax bill is $3,094, and the 90th percentile reaches up to $4,225, indicating higher-valued properties. These figures illustrate the range of property tax bills homeowners might encounter, influenced by property value, applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, Easton's tax bills can significantly impact homeowners, especially those with higher-valued properties. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Easton Tax Bill
$1,865
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Easton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66020 | $159 | $660 | $1,865 | $3,094 | $4,225 |
Source: Ownwell