Mitchell County Property Taxes
The median property tax rate in Mitchell County is 1.74%, which is significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $95,190 in Mitchell County, the typical annual property tax bill reaches $1,504, which is below the national median of $2,690. Property taxes in Mitchell 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 Mitchell 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 Beloit or another part of Mitchell County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mitchell County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$1,656
Ownwell’s Mitchell County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Mitchell County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Mitchell County 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 Mitchell County, Kansas
Property taxes in Mitchell County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mitchell County is 1.74%, which is higher than the U.S. national median of 0.99%. Local government entities within Mitchell County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mitchell 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 Mitchell County's effective property tax rate with other regions and the national median. For comparison, the city of Barnard has one of the higher property tax rates in Kansas at 3.70%, while the city of Glen Elder boasts one of the lowest at 1.41%. Analyzing how Mitchell County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mitchell County Tax Rate
1.74%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mitchell County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barnard | 3.19% | 3.38% | 3.70% | 4.84% | 5.52% |
| Beloit | 1.28% | 1.52% | 1.76% | 2.01% | 2.42% |
| Cawker City | 1.08% | 1.39% | 1.72% | 2.10% | 3.34% |
| Glen Elder | 0.92% | 1.12% | 1.41% | 1.75% | 2.45% |
| Hunter | N/A | N/A | N/A | N/A | N/A |
| Simpson | N/A | N/A | N/A | N/A | N/A |
| Tipton | 1.19% | 1.41% | 1.64% | 1.86% | 2.91% |
Source: Ownwell
Property Tax Assessment Values Across Mitchell County, Kansas
In Mitchell 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 Mitchell 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 Mitchell 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. In Mitchell County, Barnard has the highest median tax bill at $5,124, while Cawker City has the lowest at $853. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Mitchell County Assessed Value
$95,190
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mitchell County, Kansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barnard | $109,766 | $129,830 | $146,420 | $167,520 | $288,042 |
| Beloit | $30,982 | $63,170 | $109,400 | $175,015 | $251,220 |
| Cawker City | $5,550 | $19,970 | $61,520 | $102,500 | $141,540 |
| Glen Elder | $10,439 | $48,950 | $87,785 | $135,600 | $214,310 |
| Hunter | N/A | N/A | N/A | N/A | N/A |
| Simpson | N/A | N/A | N/A | N/A | N/A |
| Tipton | $22,090 | $48,350 | $89,490 | $144,640 | $213,894 |
Source: Ownwell
Property Tax Bills Across Mitchell County, Kansas
In Mitchell County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county uses this assessed value to determine the amount of tax owed, factoring in local tax rates and any applicable exemptions. For example, the median home price in Mitchell County is $95,190. Homeowners at the 25th percentile can expect a tax bill around $750, while those at the 75th percentile may see bills up to $2,740. At the 90th percentile, tax bills can reach $4,157. Compared to the national median property tax rate of 0.99%, Mitchell County offers a relatively affordable tax environment. The highest median tax bill in the county is in Barnard at $5,124, whereas Cawker City has the lowest at $853. These variations depend on the specific property values and local tax rates, impacting homeowners differently based on their property's assessed value and location within the county.
Average Mitchell County Tax Bill
$1,504
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Mitchell County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barnard | $3,878 | $4,345 | $5,124 | $6,933 | $8,018 |
| Beloit | $528 | $1,024 | $1,855 | $3,130 | $4,445 |
| Cawker City | $151 | $357 | $853 | $1,512 | $2,282 |
| Glen Elder | $213 | $533 | $1,042 | $1,708 | $2,861 |
| Hunter | N/A | N/A | N/A | N/A | N/A |
| Simpson | N/A | N/A | N/A | N/A | N/A |
| Tipton | $308 | $938 | $1,461 | $2,349 | $3,529 |
Source: Ownwell