Rice County Property Taxes
The median property tax rate in Rice County is 1.62%, which is significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Rice County at $67,595, the typical annual property tax bill reaches $1,047, which is still below the national median of $2,690. Property taxes in Rice County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Rice County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lyons or another part of Rice County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rice County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$1,095
Ownwell’s Rice County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rice County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rice County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Rice County, Kansas
Property taxes in Rice County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rice County is 1.62%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Rice County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rice County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Chase has one of the higher property tax rates in Kansas at 2.00%, while the city of Nickerson boasts one of the lowest at 1.03%. Analyzing how Rice County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rice County Tax Rate
1.62%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rice County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alden | 0.79% | 0.98% | 1.14% | 1.24% | 1.39% |
| Bushton | 0.97% | 1.20% | 1.51% | 1.69% | 1.80% |
| Chase | 1.19% | 1.47% | 2.00% | 2.31% | 2.57% |
| Claflin | 0.82% | 0.90% | 1.31% | 1.71% | 1.78% |
| Ellinwood | 1.09% | 1.18% | 1.32% | 1.92% | 2.13% |
| Geneseo | 1.20% | 1.44% | 1.76% | 1.91% | 2.66% |
| Hutchinson | 1.43% | 1.49% | 1.53% | 1.85% | 2.18% |
| Inman | 1.38% | 1.54% | 1.67% | 1.81% | 2.00% |
| Little River | 1.27% | 1.48% | 1.67% | 1.83% | 2.08% |
| Lyons | 1.26% | 1.46% | 1.64% | 1.76% | 1.87% |
| Nickerson | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| Raymond | 0.84% | 1.00% | 1.14% | 1.32% | 1.84% |
| Sterling | 1.13% | 1.35% | 1.59% | 1.71% | 1.85% |
| Windom | 1.30% | 1.51% | 1.66% | 2.01% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Rice County, Kansas
In Rice County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Rice County Appraisal District. The assessed value, however, 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. Assessment notices in Rice County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Rice County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Rice County, the median home price is $67,595. The cities with the highest and lowest median tax bills are Hutchinson at $3,137 and Nickerson at $118, respectively. By understanding these variations, homeowners can better prepare for their financial obligations and seek potential savings.
Average Rice County Assessed Value
$67,595
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rice County, Kansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alden | $8,162 | $23,588 | $48,170 | $96,672 | $191,828 |
| Bushton | $5,965 | $15,095 | $36,775 | $78,278 | $163,850 |
| Chase | $4,835 | $13,260 | $32,415 | $71,642 | $131,515 |
| Claflin | $81,768 | $96,690 | $126,155 | $164,518 | $195,455 |
| Ellinwood | $14,992 | $41,800 | $93,045 | $123,432 | $168,053 |
| Geneseo | $1,590 | $5,350 | $21,505 | $57,230 | $121,158 |
| Hutchinson | $120,788 | $162,560 | $179,270 | $316,710 | $363,424 |
| Inman | $53,860 | $105,588 | $166,480 | $226,048 | $289,645 |
| Little River | $18,360 | $43,375 | $95,480 | $176,495 | $244,120 |
| Lyons | $18,200 | $36,110 | $67,180 | $127,942 | $187,175 |
| Nickerson | $11,390 | $11,390 | $11,390 | $11,390 | $11,390 |
| Raymond | $2,780 | $13,385 | $37,590 | $87,565 | $193,248 |
| Sterling | $18,332 | $41,540 | $94,860 | $161,340 | $237,144 |
| Windom | $44,021 | $86,455 | $156,285 | $243,812 | $293,538 |
Source: Ownwell
Property Tax Bills Across Rice County, Kansas
In Rice County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is typically a percentage of the home's market value. Various factors such as property size, location, and condition are considered in this assessment. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Rice County, the property tax burden can vary significantly. The median home price is $67,595, and the tax bill at the 25th percentile is $448, while at the 75th percentile, it rises to $2,148. At the 90th percentile, homeowners may see tax bills as high as $3,458. Comparatively, the highest median tax bill in the county is found in Hutchinson at $3,137, while Nickerson has the lowest at $118. These variations illustrate how property taxes can impact homeowners differently, depending on the assessed value and location of their property.
Average Rice County Tax Bill
$1,047
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Rice County, Kansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alden | $83 | $240 | $503 | $1,214 | $2,496 |
| Bushton | $65 | $219 | $535 | $1,156 | $2,405 |
| Chase | $120 | $252 | $636 | $1,188 | $2,229 |
| Claflin | $686 | $885 | $1,845 | $2,924 | $3,338 |
| Ellinwood | $197 | $789 | $1,396 | $1,542 | $1,935 |
| Geneseo | $30 | $89 | $392 | $819 | $1,877 |
| Hutchinson | $2,263 | $2,555 | $3,137 | $5,028 | $5,681 |
| Inman | $769 | $1,694 | $2,985 | $3,790 | $4,853 |
| Little River | $305 | $668 | $1,645 | $3,068 | $4,635 |
| Lyons | $289 | $548 | $1,059 | $2,051 | $3,186 |
| Nickerson | $118 | $118 | $118 | $118 | $118 |
| Raymond | $31 | $147 | $502 | $1,195 | $2,721 |
| Sterling | $271 | $623 | $1,474 | $2,546 | $3,789 |
| Windom | $853 | $1,647 | $2,843 | $4,493 | $5,292 |
Source: Ownwell