Cawker City, Kansas Property Taxes
The median property tax rate in Cawker City, KS is 1.72%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Cawker City, the typical annual property tax bill reaches $853, which is below the national median of $2,690. Property taxes in Cawker City are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cawker City'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 Cawker City or another part of Mitchell County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cawker City, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.72%
Estimate Property Tax Bill
$1,058
Ownwell’s Cawker City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cawker City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cawker City 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 Cawker City, Kansas
Property taxes in Cawker City, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cawker City is 1.72%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Cawker City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cawker City 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 Cawker City's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67430 has the highest median property tax rate of 1.72%, while the same zip code also has the lowest median tax rate of 1.72%. Understanding how these cities compare with Cawker City provides valuable insights into the varying tax landscape across Mitchell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cawker City Tax Rate
1.72%
Average Mitchell County Tax Rate
1.74%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cawker City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67430 | 1.08% | 1.39% | 1.72% | 2.10% | 3.34% |
Source: Ownwell
Property Tax Assessment Values Across Cawker City, Kansas
In Cawker City, 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 Mitchell 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 Cawker City, 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 Cawker City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $853, found in the 67430 zip code, reflecting the local property tax landscape.
Average Cawker City Assessed Value
$61,520
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 Cawker City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67430 | $5,550 | $19,970 | $61,520 | $102,500 | $141,540 |
Source: Ownwell
Property Tax Bills Across Cawker City, Kansas
In Cawker City, located in Mitchell County, Kansas, property tax bills are calculated based on the assessed value of a property, which is derived from its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Cawker City experience a range of property tax bills. For instance, those at the 25th percentile pay around $357 annually, while those at the 75th percentile face a tax bill of approximately $1,512. At the higher end, the 90th percentile tax bill reaches $2,282. The median home price in Cawker City is $61,520, which is significantly lower than the national median, reflecting the lower property tax burden compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly, ensuring they are prepared for their annual property tax payments.
Average Cawker City Tax Bill
$853
Average Mitchell County Tax Bill
$1,504
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Cawker City, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67430 | $151 | $357 | $853 | $1,512 | $2,282 |
Source: Ownwell