Americus, Kansas Property Taxes
The median property tax rate in Americus, KS is 1.28%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $125,100 in Americus, the typical annual property tax bill amounts to $1,623, which is below the national median of $2,690. Property taxes in Americus are determined based on the tax assessed value, which is generally lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Americus'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 Americus or another part of Lyon County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Americus, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$1,601
Ownwell’s AMERICUS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in AMERICUS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in AMERICUS 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 Americus, Kansas
Property taxes in Americus, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Americus is 1.28%, significantly higher than the U.S. national median of 0.99%. Local government entities within Americus set these rates annually, and they can vary across different neighborhoods. Each year, Americus 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 Americus's effective property tax rate to other areas in Lyon County and the national median. For comparison, the zip code 66835 has both the highest and lowest median property tax rate of 1.28%. Understanding how these areas compare with Americus provides valuable insights into the varying tax landscape across Lyon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Americus Tax Rate
1.28%
Average Lyon County Tax Rate
1.51%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Americus, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66835 | 1.02% | 1.14% | 1.28% | 1.40% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Americus, Kansas
In Americus, 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 Lyon 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 Americus, 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. The median home price in Americus is $125,100, with property tax bills ranging significantly. The 25th percentile tax bill is $989, while the 75th percentile tax bill is $2,238, and the 90th percentile tax bill can reach up to $3,198. By understanding 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 Americus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Americus Assessed Value
$125,100
Average Lyon County Assessed Value
$135,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Americus, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66835 | $26,500 | $74,140 | $125,100 | $176,915 | $280,900 |
Source: Ownwell
Property Tax Bills Across Americus, Kansas
In Americus, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. For instance, with a median home price of $125,100, the property tax bill can vary significantly. The 25th percentile tax bill is $989, while the 75th percentile reaches $2,238, and the 90th percentile goes up to $3,198. Several factors influence these variations, including the specific tax rate applied by Lyon County and any exemptions or deductions homeowners may qualify for. The local tax rate and the assessed value directly affect the final tax bill, impacting homeowners differently based on their property's valuation. Comparing this to the national median property tax rate of 0.99%, Americus homeowners may find their tax bills higher or lower depending on their specific circumstances. Understanding these elements can help homeowners better anticipate their annual property tax obligations.
Average Americus Tax Bill
$1,623
Average Lyon County Tax Bill
$2,056
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Americus, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66835 | $341 | $989 | $1,623 | $2,238 | $3,198 |
Source: Ownwell