Plevna, Kansas Property Taxes
The median property tax rate in Plevna, KS is 2.46%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $59,790 in Plevna, the typical annual property tax bill reaches $1,343, surpassing the national median of $2,690. Property taxes in Plevna are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Plevna'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 Plevna 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
Plevna, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.46%
Estimate Property Tax Bill
$1,471
Ownwell’s Plevna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plevna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plevna 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 Plevna, Kansas
Property taxes in Plevna, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plevna is 1.33%, higher than both the Kansas state median of 1.29% and the U.S. national median of 0.99%. Local government entities within Plevna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plevna 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 Plevna's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67568 zip code has the highest median property tax rate of 1.33%, while the same zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Plevna 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 Plevna Tax Rate
2.46%
Average Reno County Tax Rate
1.97%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plevna, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67568 | 1.83% | 2.02% | 2.46% | 2.82% | 4.10% |
Source: Ownwell
Property Tax Assessment Values Across Plevna, Kansas
In Plevna, 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 Plevna, 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. For instance, the median home price in Plevna is $59,790, with tax bills ranging from $557 at the 25th percentile to $3,631 at the 90th percentile. 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 Plevna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plevna Assessed Value
$59,790
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 Plevna, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67568 | $5,180 | $21,340 | $59,790 | $118,550 | $157,596 |
Source: Ownwell
Property Tax Bills Across Plevna, Kansas
In Plevna, located in Reno County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value, reflecting the property's worth. Various factors influence this valuation, including the property's size, location, and condition. Once the assessed value is established, local tax rates are applied to determine the final tax bill. For homeowners in Plevna, the median home price is $59,790. Property tax bills can vary significantly, ranging from the 25th percentile at $557 to the 75th percentile at $2,713, and reaching up to $3,631 at the 90th percentile. These figures highlight the variability in tax burdens depending on property values and specific circumstances. Compared to the national median property tax rate of 0.99%, Plevna's rates can be quite different, impacting homeowners' financial planning and overall cost of living. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations accurately.
Average Plevna Tax Bill
$1,343
Average Reno County Tax Bill
$1,843
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Plevna, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67568 | $206 | $557 | $1,343 | $2,713 | $3,631 |
Source: Ownwell