Soldier, Kansas Property Taxes
The median property tax rate in Soldier, KS is 1.06%, slightly higher than the national median of 0.99%, yet lower than the Kansas state median of 1.43%. With a median home value of $132,980 in Soldier, the typical annual property tax bill amounts to $1,192, which is below the national median of $2,690. Property taxes in Soldier are calculated based on the tax assessed value, which is generally lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Soldier'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 Soldier or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Soldier, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,410
$1,308
Ownwell’s SOLDIER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SOLDIER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SOLDIER 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 Soldier, Kansas
Property taxes in Soldier, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Soldier is 1.06%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Soldier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Soldier 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 Soldier's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66540 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Soldier provides valuable insights into the varying tax landscape across Pottawatomie, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Soldier Tax Rate
1.06%
Average Pottawatomie County Tax Rate
1.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Soldier, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66540 | 0.74% | 0.91% | 1.06% | 1.12% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Soldier, Kansas
In Soldier, 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. In Soldier, 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. Soldier’s median home price is $132,980, with tax bills ranging from the 25th percentile at $885 to the 75th percentile at $1,374. The highest and lowest median tax bills are both $1,192 in the 66540 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Soldier Assessed Value
$132,980
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 Soldier, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66540 | $62,167 | $99,872 | $132,980 | $150,502 | $160,155 |
Source: Ownwell
Property Tax Bills Across Soldier, Kansas
In Soldier, KS, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For example, with a median home price of $132,980, homeowners in Soldier can expect a range of tax bills. The 25th percentile tax bill is around $885, while the 75th percentile reaches $1,374. At the 90th percentile, the tax bill can be as high as $1,424. Factors influencing these tax bills include the local tax rate and the assessed value of the property, which can vary based on market conditions and property improvements. Compared to the national median property tax rate of 0.99%, Soldier's rates can significantly affect homeowners, especially those with properties at the higher end of the assessment spectrum. Understanding these factors can help homeowners anticipate their tax obligations and manage their finances more effectively.
Average Soldier Tax Bill
$1,192
Average Pottawatomie County Tax Bill
$2,156
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Soldier, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66540 | $611 | $885 | $1,192 | $1,374 | $1,424 |
Source: Ownwell