Council Grove, Kansas Property Taxes
The median property tax rate in Council Grove, KS is 1.45%, noticeably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Council Grove at $169,190, the typical annual property tax bill reaches $2,559, which is below the national median of $2,690. Property taxes in Council Grove are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Council Grove'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 Council Grove 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
Council Grove, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$2,453
Ownwell’s Council Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Council Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Council Grove 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 Council Grove, Kansas
Property taxes in Council Grove, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Council Grove is 1.45%, significantly higher than the U.S. national median of 0.99%. Local government entities within Council Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Council Grove 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 Council Grove's effective property tax rate to other areas in Kansas and the national median. For comparison, the zip code 66846 has the same median property tax rate of 1.45%. Understanding how these cities compare with Council Grove provides valuable insights into the varying tax landscape across Morris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Council Grove Tax Rate
1.45%
Average Lyon County Tax Rate
1.51%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Council Grove, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66846 | 1.16% | 1.26% | 1.45% | 1.69% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Council Grove, Kansas
In Council Grove, 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 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 Council Grove, 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 Council Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,559 in the 66846 zip code, which is also the lowest median tax bill.
Average Council Grove Assessed Value
$169,190
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 Council Grove, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66846 | $90,665 | $130,788 | $169,190 | $253,570 | $301,338 |
Source: Ownwell
Property Tax Bills Across Council Grove, Kansas
In Council Grove, located in Lyon County, KS, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Council Grove is $169,190. The property tax rate in this region is influenced by various factors, including local government budgets and school district funding needs. Homeowners in Council Grove can expect a tax bill that varies significantly, with the 25th percentile paying around $1,783 and the 75th percentile paying up to $3,416 annually. At the higher end, the 90th percentile sees tax bills reaching approximately $4,433. This variation is due to differences in property values and the specific tax rates applied. Compared to the national median property tax rate of 0.99%, Council Grove's property taxes can be seen as relatively moderate. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Council Grove Tax Bill
$2,559
Average Lyon County Tax Bill
$2,056
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Council Grove, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66846 | $1,373 | $1,783 | $2,559 | $3,416 | $4,433 |
Source: Ownwell