Belvue, Kansas Property Taxes
The median property tax rate in Bellevue, KS is 0.87%, which is notably lower than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Bellevue, the typical annual property tax bill amounts to $1,153, which is also below the national median of $2,690. Property taxes in Bellevue are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural use. Understanding Bellevue'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 Bellevue or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belvue, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$1,224
$1,136
Ownwell’s Bellevue Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bellevue with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bellevue 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 Belvue, Kansas
Property taxes in Bellevue, Kansas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Bellevue is 0.87%, which is lower than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Bellevue set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bellevue 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 Bellevue's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66407 zip code has the highest median property tax rate of 0.87%, while the same zip code also has the lowest median tax rate of 0.87%. Understanding how these cities compare with Bellevue provides valuable insights into the varying tax landscape across Pottawatomie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belvue Tax Rate
0.87%
Average Pottawatomie County Tax Rate
1.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belvue, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66407 | 0.49% | 0.76% | 0.87% | 0.97% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Belvue, Kansas
In Bellevue, 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 Pottawatomie 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. 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. Bellevue’s median home price is $140,670, with property tax bills ranging from $650 at the 25th percentile to $3,002 at the 90th percentile. The highest and lowest median tax bills are both $1,153 in the 66407 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Belvue Assessed Value
$140,670
Average Pottawatomie County Assessed Value
$216,600
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belvue, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66407 | $53,740 | $96,095 | $140,670 | $205,695 | $269,800 |
Source: Ownwell
Property Tax Bills Across Belvue, Kansas
In Bellevue, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Bellevue is $140,670. Local assessors determine the market value of a property, and then apply an assessment ratio to calculate its assessed value. The property tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For instance, the 25th percentile of tax bills in Bellevue is $650, while the 75th percentile reaches $1,894. At the higher end, the 90th percentile tax bill can be as much as $3,002. These figures indicate a range of tax burdens depending on individual property characteristics and assessed values. Homeowners in Bellevue should be aware that their property tax bills can significantly impact their annual expenses. Understanding how these bills are calculated can help homeowners budget more effectively and potentially seek exemptions or appeals if they believe their property has been over-assessed.
Average Belvue Tax Bill
$1,153
Average Pottawatomie County Tax Bill
$2,156
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Belvue, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66407 | $239 | $650 | $1,153 | $1,894 | $3,002 |
Source: Ownwell