Tonganoxie, Kansas Property Taxes
The median property tax rate in Tonganoxie, KS is 1.43%, aligning with the state median but significantly higher than the national median of 0.99%. With a median home value of $281,800, the typical annual property tax bill in Tonganoxie amounts to $3,860, surpassing the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often lower than market value due to exemptions like primary residence and agricultural exemptions. Understanding Tonganoxie'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 Tonganoxie or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tonganoxie, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$4,030
$3,739
Ownwell’s Tonganoxie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tonganoxie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tonganoxie 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 Tonganoxie, Kansas
Property taxes in Tonganoxie, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tonganoxie is 1.43%, significantly higher than the U.S. national median of 0.99%. Local government entities within Tonganoxie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tonganoxie 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 Tonganoxie's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66086 zip code has the highest median property tax rate of 1.43%, while the same zip code also has the lowest median tax rate of 1.43%. Understanding how these cities compare with Tonganoxie 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 Tonganoxie Tax Rate
1.43%
Average Leavenworth County Tax Rate
1.24%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tonganoxie, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66086 | 1.14% | 1.22% | 1.43% | 1.49% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Tonganoxie, Kansas
In Tonganoxie, 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 Tonganoxie, 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 Tonganoxie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Tonganoxie is $3,860 in the 66086 zip code, while the lowest is also $3,860 in the same zip code.
Average Tonganoxie Assessed Value
$281,800
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 Tonganoxie, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66086 | $126,540 | $199,700 | $281,800 | $368,400 | $499,028 |
Source: Ownwell
Property Tax Bills Across Tonganoxie, Kansas
In Tonganoxie, 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 determined by the county assessor and typically represents a percentage of the property's market value. Homeowners in Tonganoxie can expect their tax bills to vary significantly depending on the assessed value of their homes. For example, the 25th percentile tax bill is $2,856, while the 75th percentile tax bill stands at $4,924. The 90th percentile tax bill can reach up to $6,158, reflecting higher-valued properties. These tax bills are influenced by various factors, including property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Tonganoxie homeowners may find their tax rates competitive. The highest and lowest median tax bills in the area are both $3,860, indicating a consistent tax environment within the 66086 zip code. Understanding these factors can help homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average Tonganoxie Tax Bill
$3,860
Average Leavenworth County Tax Bill
$3,073
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Tonganoxie, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66086 | $2,039 | $2,856 | $3,860 | $4,924 | $6,158 |
Source: Ownwell