Langdon, Kansas Property Taxes
The median property tax rate in Langdon, KS is 2.19%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Langdon, the typical annual property tax bill reaches $1,385, exceeding the national median of $2,690. Property taxes in Langdon 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 Langdon'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 Langdon 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
Langdon, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.19%
Estimate Property Tax Bill
$1,297
$1,204
Ownwell’s Langdon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Langdon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Langdon 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 Langdon, Kansas
Property taxes in Langdon, Kansas, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Langdon is 2.19%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Langdon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Langdon 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 Langdon's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67583 ZIP code has the highest median property tax rate of 2.19%, while the same ZIP code also has the lowest median tax rate of 2.19%. Understanding how these cities compare with Langdon 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 Langdon Tax Rate
2.19%
Average Reno County Tax Rate
1.97%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Langdon, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67583 | 1.79% | 1.95% | 2.19% | 2.92% | 4.27% |
Source: Ownwell
Property Tax Assessment Values Across Langdon, Kansas
In Langdon, 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 Reno 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 Langdon, 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 Langdon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Langdon is $59,225, with the highest median tax bill in zip code 67583 being $1,385.
Average Langdon Assessed Value
$59,225
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 Langdon, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67583 | $3,863 | $17,470 | $59,225 | $126,320 | $167,266 |
Source: Ownwell
Property Tax Bills Across Langdon, Kansas
In Langdon, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For example, with a median home price of $59,225, the property tax rate in Langdon is relatively moderate compared to the national median property tax rate of 0.99%. Homeowners in Langdon can expect their tax bills to vary widely, from the 25th percentile at $445 to the 75th percentile at $2,626, and even up to the 90th percentile at $3,647. These variations are influenced by factors such as property location, improvements, and local government budgets. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly. The highest median tax bill in the region is $1,385, which is significant but manageable compared to national figures. This system ensures that property taxes are equitably distributed based on property values and local economic conditions.
Average Langdon Tax Bill
$1,385
Average Reno County Tax Bill
$1,843
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Langdon, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67583 | $159 | $445 | $1,385 | $2,626 | $3,647 |
Source: Ownwell