Plains, Kansas Property Taxes
The median property tax rate in Plains, KS is 1.84%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Plains being $80,440, the typical annual property tax bill reaches $1,475, which is below the national median of $2,690. Property taxes in Plains are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Plains' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Plains 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
Plains, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$1,480
$1,373
Ownwell’s Plains Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plains with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plains 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 Plains, Kansas
Property taxes in Plains, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plains is 1.84%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Plains set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plains 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 Plains' effective property tax rate to other counties in Kansas and the national median. For comparison, the 67869 zip code has the highest median property tax rate of 1.84%, while the same zip code also has the lowest median tax rate of 1.84%. Understanding how these cities compare with Plains 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 Plains Tax Rate
1.84%
Average Meade County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plains, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67869 | 1.53% | 1.73% | 1.84% | 1.94% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Plains, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Plains, Kansas. 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. In Plains, 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. For instance, the zip code 67869 in Plains has the highest and lowest median tax bill of $1,475. 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 Plains helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plains Assessed Value
$80,440
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 Plains, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67869 | $17,410 | $39,750 | $80,440 | $132,430 | $186,420 |
Source: Ownwell
Property Tax Bills Across Plains, Kansas
In Plains, KS, property tax bills are calculated based on the assessed value of the home, which is determined by the local county assessor. The assessed value is a percentage of the market value of the property. Homeowners in Plains typically see a median home price of $80,440. The property tax rate in Meade County influences the final tax bill, with the national median property tax rate standing at 0.99%. Several factors contribute to the determination of a property tax bill, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. For example, properties in the 25th percentile of tax bills in Plains have an average bill of $718, while those in the 75th percentile face approximately $2,547. The highest tax bills, in the 90th percentile, reach up to $3,797. These tax obligations significantly impact homeowners, affecting their annual budgeting and overall financial planning. Understanding these factors can help homeowners anticipate and manage their property tax responsibilities effectively.
Average Plains Tax Bill
$1,475
Average Meade County Tax Bill
$1,357
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Plains, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67869 | $300 | $718 | $1,475 | $2,547 | $3,797 |
Source: Ownwell