Meade County Property Taxes
The median property tax rate in Meade County is 2.01%, which is significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Meade County at $68,450, the typical annual property tax bill amounts to $1,357, which is below the national median of $2,690. Property taxes in Meade County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Meade County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Meade or another part of Meade County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Meade County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$1,376
Ownwell’s Meade Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Meade with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Meade to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Meade County, Kansas
Property taxes in Meade County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Meade County is 2.01%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Meade County set these rates annually, and they can vary significantly between different areas within the county. Each year, Meade County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Meade County's effective property tax rate with other regions in Kansas and the national median. For comparison, the city of Fowler has one of the higher property tax rates in Kansas at 2.36%, while the city of Copeland boasts one of the lowest at 1.56%. Analyzing how Meade County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Meade County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Meade County, Kansas
In Meade County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Meade County Appraisal District. The assessed value, however, 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. Assessment notices in Meade County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Meade County homeowners should note that Montezuma has the highest median tax bill at $3,302, while Fowler has the lowest at $1,263. Being aware of these valuation processes in Meade County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Meade County Assessed Value
$68,450
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Meade County, Kansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Copeland | $64,220 | $92,722 | $118,270 | $159,178 | $293,883 |
| Fowler | $8,535 | $26,972 | $54,410 | $97,818 | $145,240 |
| Meade | $16,450 | $32,100 | $66,950 | $108,650 | $153,610 |
| Montezuma | $63,935 | $106,325 | $162,570 | $195,628 | $285,420 |
| Plains | $17,410 | $39,750 | $80,440 | $132,430 | $186,420 |
Source: Ownwell
Property Tax Bills Across Meade County, Kansas
In Meade County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the home's market value. For instance, homeowners in Meade County face a range of tax bills, with the 25th percentile at $650 and the 75th percentile reaching $2,249. The highest median property tax bill in the county is $3,302 in Montezuma, while the lowest is $1,263 in Fowler. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or abatements. With a median home price of $68,450, homeowners in Meade County can expect their property taxes to significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Meade County's tax rates and the resulting bills can vary widely, affecting homeowners differently based on their specific circumstances.
Average Meade County Tax Bill
$1,357
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690