Leavenworth, Kansas Property Taxes
The median property tax rate in Leavenworth, KS is 1.21%, which is notably higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $180,410 in Leavenworth, the typical annual property tax bill amounts to $2,218, falling below the national median of $2,690. Property taxes in Leavenworth are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding Leavenworth's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in the heart of Leavenworth or another part of the city, gaining insight into the local property tax system is beneficial.
Last Updated June 14, 2024
Leavenworth, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,183
$2,026
Ownwell’s Leavenworth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leavenworth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leavenworth 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 Leavenworth, Kansas
Property taxes in Leavenworth, Kansas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Leavenworth stands at 1.21%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Leavenworth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Leavenworth 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 Leavenworth's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 66048 has the highest median property tax rate of 1.21%, while the same zip code also has the lowest median tax rate of 1.21%. Understanding how these figures compare with Leavenworth 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 Leavenworth Tax Rate
1.21%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leavenworth, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66048 | 1.13% | 1.20% | 1.21% | 1.25% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Leavenworth, Kansas
In Leavenworth, 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 Leavenworth, 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 Leavenworth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, in the 66048 zip code, the median tax bill is $2,218, highlighting the importance of understanding these valuations to potentially reduce costs.
Average Leavenworth Assessed Value
$180,410
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 Leavenworth, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66048 | $40,920 | $106,325 | $180,410 | $272,900 | $360,156 |
Source: Ownwell
Property Tax Bills Across Leavenworth, Kansas
Property tax bills in Leavenworth, KS, are calculated based on the assessed value of the property, which is a percentage of the property's market value. The county assessor determines the market value, and then an assessment ratio is applied to arrive at the assessed value. This assessed value is multiplied by the local property tax rate to calculate the annual tax bill. In Leavenworth, the median home price is $180,410. Homeowners in the 25th percentile can expect a tax bill of around $1,362, while those in the 75th percentile might see bills as high as $3,299. At the 90th percentile, tax bills can reach up to $4,303. The highest and lowest median tax bills in the city are both reported at $2,218, specifically in the 66048 zip code. Understanding how these factors interplay helps homeowners anticipate their property tax obligations and budget accordingly, ensuring they are prepared for these annual expenses.
Average Leavenworth Tax Bill
$2,218
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Leavenworth, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66048 | $718 | $1,362 | $2,218 | $3,299 | $4,303 |
Source: Ownwell