Beattie, Marshall County, Kansas Property Taxes
The median property tax rate in Beattie, 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 Beattie, the typical annual property tax bill reaches $1,157, which is below the national median of $2,690. Property taxes in Beattie are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Beattie'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 Beattie or another part of Marshall County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beattie, Marshall County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$1,290
$1,197
Ownwell’s Beattie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beattie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beattie 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 Beattie, Marshall County, Kansas
Property taxes in Beattie, Kansas, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Beattie is 1.45%, notably higher than the U.S. national median of 0.99%. Local government entities within Beattie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beattie 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 Beattie's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66406 has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Beattie provides valuable insights into the varying tax landscape across Marshall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beattie Tax Rate
1.45%
Average Marshall County Tax Rate
1.65%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beattie, Marshall County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66406 | 1.05% | 1.25% | 1.45% | 1.64% | 2.41% |
Source: Ownwell
Property Tax Assessment Values Across Beattie, Marshall County, Kansas
In Beattie, 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 Marshall 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 Beattie, 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 Beattie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 66406 has the highest and lowest median tax bill at $1,157.
Property Tax Assessment Values Across Beattie, Marshall County, Kansas
Source: Ownwell
$47,745
$90,358
$132,970
Average Beattie Assessed Value
$88,940
Average Marshall County Assessed Value
$92,000
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beattie, Marshall County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66406 | $17,630 | $44,785 | $88,940 | $163,015 | $242,246 |
Source: Ownwell
Property Tax Bills Across Beattie, Marshall County, Kansas
In Beattie, located in Marshall County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Beattie is $88,940. Property taxes are then determined by applying the local tax rate to this assessed value. Various factors influence the final tax bill, including the home's market value, any applicable exemptions, and the specific tax rate set by local authorities. For homeowners, the tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $603, while at the 75th percentile, it rises to $2,211. At the 90th percentile, it can reach as high as $4,755. Comparatively, the highest and lowest median tax bills in the area both stand at $1,157, reflecting the uniformity within the zip code 66406. These taxes fund essential local services but can also represent a substantial financial obligation for homeowners, influencing their overall cost of living and financial planning.
Average Beattie Tax Bill
$1,157
Average Marshall County Tax Bill
$1,429
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Beattie, Marshall County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66406 | $229 | $603 | $1,157 | $2,211 | $4,755 |
Source: Ownwell