Ramona, Marion County, Kansas Property Taxes
The median property tax rate in Ramona, Kansas is 2.71%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Ramona at $28,220, the typical annual property tax bill reaches $689, which is below the national median of $2,690. Property taxes in Ramona 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 Ramona'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 Ramona or another part of Marion County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ramona, Marion County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.71%
Estimate Property Tax Bill
$765
$710
Ownwell’s Ramona Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ramona with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ramona 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 Ramona, Marion County, Kansas
Property taxes in Ramona, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ramona is 2.71%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Ramona set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ramona 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 Ramona's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67475 has the highest median property tax rate of 2.71%, while the same zip code also has the lowest median tax rate of 2.71%. Understanding how these cities compare with Ramona provides valuable insights into the varying tax landscape across Marion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ramona Tax Rate
2.71%
Average Marion County Tax Rate
2.06%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ramona, Marion County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67475 | 1.49% | 2.21% | 2.71% | 3.06% | 4.71% |
Source: Ownwell
Property Tax Assessment Values Across Ramona, Marion County, Kansas
In Ramona, 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 Marion 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 Ramona, 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 Ramona helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Ramona, the highest median tax bill is $689 in the 67475 zip code, while the lowest median tax bill is also $689 in the same zip code.
Property Tax Assessment Values Across Ramona, Marion County, Kansas
Source: Ownwell
$28,220
$94,958
$161,695
Average Ramona Assessed Value
$28,220
Average Marion County Assessed Value
$76,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ramona, Marion County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67475 | $4,074 | $12,800 | $28,220 | $67,360 | $105,610 |
Source: Ownwell
Property Tax Bills Across Ramona, Marion County, Kansas
Property tax bills in Ramona, Marion County, KS, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the property's market value. For homeowners in Ramona, the median home price is $28,220. The tax rate applied to this assessed value then determines the annual property tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. In Ramona, the property tax bills vary significantly, with the 25th percentile at $419, the 75th percentile at $1,230, and the 90th percentile reaching up to $2,283. These figures illustrate the range of property tax burdens homeowners might face, depending on their property's assessed value and any qualifying deductions. Compared to the national median property tax rate of 0.99%, Ramona's tax bills reflect the local economic conditions and property values, affecting homeowners' annual financial obligations.
Average Ramona Tax Bill
$689
Average Marion County Tax Bill
$1,500
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Ramona, Marion County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67475 | $232 | $419 | $689 | $1,230 | $2,283 |
Source: Ownwell