Fontana, Kansas Property Taxes
The median property tax rate in Fontana, KS is 0.89%, which is lower than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value in Fontana of $194,670, the typical annual property tax bill amounts to $1,750, significantly below the national median of $2,690. Property taxes in Fontana are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Fontana's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Fontana or another part of Miami County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fontana, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Fontana Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fontana with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fontana 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 Fontana, Kansas
Property taxes in Fontana, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fontana is 0.89%, which is below the U.S. national median of 0.99%. Local government entities within Fontana set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fontana 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 Fontana's effective property tax rate to other areas in Miami County and the national median. For comparison, the 66026 zip code has both the highest and lowest median property tax rate of 0.89%. Understanding how these cities compare with Fontana provides valuable insights into the varying tax landscape across Miami County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fontana Tax Rate
0.89%
Average Miami County Tax Rate
1.07%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fontana, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66026 | 0.51% | 0.79% | 0.89% | 0.99% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Fontana, Kansas
In Fontana, 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 Miami 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 Fontana, 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 Fontana helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 66026, with a median tax bill of $1,750.
Average Fontana Assessed Value
$194,670
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 Fontana, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66026 | $25,168 | $111,385 | $194,670 | $300,102 | $382,337 |
Source: Ownwell
Property Tax Bills Across Fontana, Kansas
In Fontana, Miami County, KS, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is determined by the county assessor. Various factors influence this assessed value, such as the home's location, size, and condition. Homeowners in Fontana experience a range of property tax bills. For instance, those at the 25th percentile pay around $945, while those at the 75th percentile see bills up to $2,650. At the higher end, the 90th percentile tax bill reaches $3,497. These amounts are influenced by the local tax rate and the assessed property value. Compared to the national median property tax rate of 0.99%, Fontana's property taxes can be relatively manageable for many homeowners. However, the exact financial impact varies based on individual property assessments and the specific tax rates applied by local authorities. This system ensures that property taxes are proportionate to the value and condition of each home, impacting homeowners differently across the city.
Average Fontana Tax Bill
$1,750
Average Miami County Tax Bill
$3,311
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Fontana, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66026 | $251 | $945 | $1,750 | $2,650 | $3,497 |
Source: Ownwell