Fowler, Kansas Property Taxes
The median property tax rate in Fowler, KS is 2.36%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Fowler, the typical annual property tax bill reaches $1,263, which is below the national median of $2,690. Property taxes in Fowler are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fowler'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 Fowler or another part of Meade County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fowler, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.36%
Estimate Property Tax Bill
$1,284
$1,192
Ownwell’s Fowler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fowler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fowler 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 Fowler, Kansas
Property taxes in Fowler, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fowler is 2.36%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Fowler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fowler 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 Fowler's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67844 zip code has both the highest and lowest median property tax rate of 2.36%. Understanding how these areas compare with Fowler provides valuable insights into the varying tax landscape across Meade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fowler Tax Rate
2.36%
Average Meade County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fowler, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67844 | 1.79% | 2.20% | 2.36% | 2.50% | 2.78% |
Source: Ownwell
Property Tax Assessment Values Across Fowler, Kansas
In Fowler, 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 Meade 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. 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 Fowler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Fowler, the zip code 67844 has the highest median tax bill of $1,263.
Average Fowler Assessed Value
$54,410
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 Fowler, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67844 | $8,535 | $26,972 | $54,410 | $97,818 | $145,240 |
Source: Ownwell
Property Tax Bills Across Fowler, Kansas
Property tax bills in Fowler, KS, are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the tax rate set by local authorities. In Meade County, the median home price stands at $54,410. Homeowners in the 25th percentile can expect a tax bill around $623, while those in the 75th percentile might see bills up to $2,215. For the top 10% of properties, tax bills can climb to $3,529. The highest median tax bill in the area is $1,263, which is consistent across the 67844 zip code. These property taxes fund essential public services like schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the rates in Fowler can significantly affect homeowners, especially those with higher-valued properties. Accurate assessments and understanding local tax rates are crucial for homeowners to budget effectively and avoid surprises in their tax bills.
Average Fowler Tax Bill
$1,263
Average Meade County Tax Bill
$1,357
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Fowler, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67844 | $205 | $623 | $1,263 | $2,215 | $3,529 |
Source: Ownwell