Stafford, Kansas Property Taxes
The median property tax rate in Stafford, KS is 1.99%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Stafford at $127,090, the typical annual property tax bill reaches $2,529, just below the national median of $2,690. Property taxes in Stafford 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 Stafford'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 Stafford 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
Stafford, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.99%
Estimate Property Tax Bill
$2,529
Ownwell’s Stafford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stafford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stafford 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 Stafford, Kansas
Property taxes in Stafford, Kansas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Stafford is 1.99%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Stafford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stafford 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 Stafford's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67578 has the highest median property tax rate of 1.99%, while the same zip code also has the lowest median tax rate of 1.99%. Understanding how these cities compare with Stafford 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 Stafford Tax Rate
1.99%
Average Reno County Tax Rate
1.97%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stafford, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67578 | 1.99% | 1.99% | 1.99% | 1.99% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Stafford, Kansas
Understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes in Stafford, Kansas. The market value represents the amount a willing buyer would pay a willing seller in an open market, influenced by factors like location, property condition, and economic trends. This value is estimated for tax purposes by the Reno County Appraisal District. 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 property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Stafford, 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 Stafford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $2,529, found in the 67578 zip code.
Average Stafford Assessed Value
$127,090
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 Stafford, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67578 | $127,090 | $127,090 | $127,090 | $127,090 | $127,090 |
Source: Ownwell
Property Tax Bills Across Stafford, Kansas
In Stafford, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if the median home price in Stafford is $127,090, the assessed value is typically a fraction of this market price. The assessed value is then multiplied by the local tax rate to determine the property tax bill. In Stafford, homeowners can expect a median property tax bill of $2,529, which is significantly higher than the national median property tax rate of 0.99%. This higher tax bill reflects the specific tax rate and assessment practices of Reno County. Factors such as property improvements, location, and local government budget needs can influence the assessed value and, consequently, the tax bill. For homeowners, this means that property taxes can represent a substantial annual expense, impacting overall housing affordability and financial planning. Understanding how these taxes are calculated can help homeowners better anticipate their yearly financial obligations.
Average Stafford Tax Bill
$2,529
Average Reno County Tax Bill
$1,843
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Stafford, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67578 | $2,529 | $2,529 | $2,529 | $2,529 | $2,529 |
Source: Ownwell