Garden Plain, Kansas Property Taxes
The median property tax rate in Garden Plain, KS is 1.77%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Garden Plain, the typical annual property tax bill reaches $1,984, exceeding the national median of $2,690. Property taxes in Garden Plain 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 Garden Plain'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 Garden Plain 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
Garden Plain, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$1,986
Ownwell’s Garden Plain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garden Plain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garden Plain 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 Garden Plain, Kansas
Property taxes in Garden Plain, Kansas, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Garden Plain is 1.77%, significantly higher than the U.S. national median of 0.99%. Local government entities within Garden Plain set these rates annually, and they can vary across different neighborhoods. Each year, Garden Plain 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 Garden Plain's effective property tax rate to other regions in Kansas and the national median. For comparison, the zip code 67050 has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how these areas compare with Garden Plain provides valuable insights into the varying tax landscape across Reno County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garden Plain Tax Rate
1.77%
Average Reno County Tax Rate
1.97%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garden Plain, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67050 | 1.77% | 1.77% | 1.77% | 1.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Garden Plain, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Garden Plain, Kansas. 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 local 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 Garden Plain, 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 Garden Plain 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 67050, with a value of $1,984.
Average Garden Plain Assessed Value
$112,230
Average Reno County Assessed Value
$94,015
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garden Plain, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67050 | $112,230 | $112,230 | $112,230 | $112,230 | $112,230 |
Source: Ownwell
Property Tax Bills Across Garden Plain, Kansas
In Garden Plain, located in Reno County, KS, property tax bills are calculated based on the assessed value of a home. Homeowners in this area face a median tax bill of $1,984, which is significantly higher than the national median property tax rate of 0.99%. The assessed value is derived from the market value of the property, which in Garden Plain is around $112,230. This assessed value is then multiplied by the local tax rate to determine the final tax bill. Several factors influence the tax bill, including property improvements, market conditions, and local government budgets. For homeowners, these taxes fund essential services such as public schools, infrastructure, and emergency services. High property taxes can impact household budgets, making it crucial for homeowners to understand how their tax bill is determined. In Garden Plain, the consistency in tax bills, regardless of the percentile, suggests a stable tax environment but emphasizes the importance of accurate property assessments.
Average Garden Plain Tax Bill
$1,984
Average Reno County Tax Bill
$1,843
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Garden Plain, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67050 | $1,984 | $1,984 | $1,984 | $1,984 | $1,984 |
Source: Ownwell