Miami County Property Taxes
The median property tax rate in Miami County is 1.07%, which is higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Miami County at $304,800, the typical annual property tax bill reaches $3,311, surpassing the national median of $2,690. Property taxes in Miami 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 Miami 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 Paola or another part of Miami County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Miami County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$3,261
Ownwell’s Miami County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Miami County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Miami County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more localized 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 Miami County, Kansas
Property taxes in Miami County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Miami County is 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within Miami County set these rates annually, and they can vary significantly between different areas within the county. Each year, Miami 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 Miami County's effective property tax rate with other counties in Kansas and the national median. For comparison, the city of Osawatomie has one of the higher property tax rates in Kansas at 1.72%, while the city of Hillsdale boasts one of the lowest at 0.81%. Analyzing how Miami County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Miami County Tax Rate
1.07%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Miami County, Kansas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bucyrus | 0.90% | 0.94% | 0.98% | 1.05% | 1.16% |
Edgerton | 0.74% | 0.93% | 1.01% | 1.07% | 1.21% |
Fontana | 0.51% | 0.79% | 0.89% | 0.99% | 1.03% |
Gardner | 1.02% | 1.05% | 1.11% | 1.14% | 1.25% |
Hillsdale | 0.48% | 0.62% | 0.81% | 0.95% | 1.06% |
La Cygne | 0.68% | 0.82% | 0.89% | 0.95% | 1.09% |
Lane | 0.81% | 0.96% | 1.00% | 1.07% | 1.15% |
Louisburg | 0.90% | 0.95% | 1.06% | 1.13% | 1.19% |
Osawatomie | 0.90% | 1.00% | 1.72% | 1.88% | 2.04% |
Paola | 0.84% | 0.91% | 0.99% | 1.28% | 1.37% |
Parker | 0.75% | 0.88% | 0.91% | 0.99% | 1.06% |
Rantoul | 0.77% | 0.92% | 0.94% | 0.98% | 1.02% |
Spring Hill | 0.95% | 1.09% | 1.42% | 1.48% | 1.53% |
Wellsville | 0.76% | 0.92% | 0.99% | 1.06% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Miami County, Kansas
In Miami 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 Miami 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 Miami 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. For example, Gardner has the highest median tax bill at $5,431, while Hillsdale has the lowest at $1,225. Being aware of these valuation processes in Miami County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Miami County Assessed Value
$304,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Miami County, Kansas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bucyrus | $162,152 | $286,495 | $439,630 | $656,500 | $892,935 |
Edgerton | $234,064 | $319,590 | $495,050 | $591,495 | $730,362 |
Fontana | $25,168 | $111,385 | $194,670 | $300,102 | $382,337 |
Gardner | $304,949 | $340,420 | $494,990 | $625,125 | $761,480 |
Hillsdale | $33,064 | $46,070 | $137,900 | $221,300 | $255,654 |
La Cygne | $184,121 | $237,078 | $319,110 | $437,545 | $610,848 |
Lane | $94,654 | $201,010 | $267,840 | $342,635 | $448,548 |
Louisburg | $185,750 | $243,620 | $337,500 | $470,400 | $640,104 |
Osawatomie | $56,622 | $97,110 | $153,400 | $244,700 | $342,500 |
Paola | $124,900 | $198,800 | $290,200 | $407,800 | $546,600 |
Parker | $160,328 | $205,550 | $296,590 | $391,085 | $442,154 |
Rantoul | $317,680 | $320,822 | $323,965 | $401,878 | $453,260 |
Spring Hill | $283,252 | $319,300 | $360,000 | $470,500 | $623,600 |
Wellsville | $68,138 | $205,735 | $300,500 | $391,712 | $525,561 |
Source: Ownwell
Property Tax Bills Across Miami County, Kansas
Property tax bills in Miami County, KS are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. The tax rate, or mill levy, is then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the property's location, size, and improvements. For instance, the median home price in Miami County is $304,800, with tax bills ranging from $2,235 at the 25th percentile to $6,100 at the 90th percentile. The highest median tax bill in the county is $5,431 in Gardner, while Hillsdale has the lowest at $1,225. These property taxes fund essential local services such as public schools, infrastructure, and emergency services. Homeowners in Miami County should be aware of these factors as they can significantly impact their annual financial obligations.
Average Miami County Tax Bill
$3,311
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Miami County, Kansas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bucyrus | $1,670 | $2,782 | $4,285 | $6,553 | $9,344 |
Edgerton | $1,807 | $2,945 | $5,216 | $5,975 | $7,403 |
Fontana | $251 | $945 | $1,750 | $2,650 | $3,497 |
Gardner | $3,172 | $4,137 | $5,431 | $7,148 | $7,860 |
Hillsdale | $213 | $300 | $1,225 | $1,815 | $2,401 |
La Cygne | $1,529 | $2,014 | $2,702 | $3,952 | $5,802 |
Lane | $975 | $1,951 | $2,739 | $3,504 | $4,515 |
Louisburg | $1,867 | $2,552 | $3,632 | $4,848 | $6,329 |
Osawatomie | $763 | $1,537 | $2,392 | $3,264 | $4,278 |
Paola | $1,283 | $2,165 | $3,047 | $4,205 | $5,625 |
Parker | $1,422 | $1,737 | $2,668 | $3,895 | $4,286 |
Rantoul | $2,485 | $3,000 | $3,166 | $3,769 | $4,343 |
Spring Hill | $3,178 | $4,351 | $4,971 | $5,772 | $7,246 |
Wellsville | $705 | $1,979 | $2,894 | $4,059 | $5,450 |
Source: Ownwell