Claflin, Kansas Property Taxes
The median property tax rate in Claflin, KS is 1.31%, which is higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $126,155, the typical annual property tax bill in Claflin reaches $1,845, which is below the national median of $2,690. Property taxes in Claflin are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Claflin'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 Claflin or another part of Rice County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Claflin, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$1,653
Ownwell’s Claflin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Claflin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Claflin 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 Claflin, Kansas
Property taxes in Claflin, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Claflin is 1.31%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Claflin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Claflin 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 Claflin's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67525 has both the highest and lowest median property tax rate in the area, standing at 1.31%. Understanding how these cities compare with Claflin provides valuable insights into the varying tax landscape across Rice County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Claflin Tax Rate
1.31%
Average Rice County Tax Rate
1.62%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Claflin, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67525 | 0.82% | 0.90% | 1.31% | 1.71% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Claflin, Kansas
In Claflin, 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 Rice 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 Claflin, 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 Claflin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 67525 has the highest and lowest median tax bill of $1,845.
Average Claflin Assessed Value
$126,155
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 Claflin, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67525 | $81,768 | $96,690 | $126,155 | $164,518 | $195,455 |
Source: Ownwell
Property Tax Bills Across Claflin, Kansas
In Claflin, located in Rice 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 home's market value. For instance, with a median home price of $126,155, the tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the local tax rate and any applicable exemptions. Homeowners in Claflin can expect a range of tax bills, with the 25th percentile paying around $885, while those in the 75th percentile face about $2,924. At the higher end, the 90th percentile sees tax bills around $3,338. The highest and lowest median tax bills in the area both stand at $1,845, reflecting the uniformity in the tax rate application. Compared to the national median property tax rate of 0.99%, Claflin's property tax rates offer a relatively moderate impact on homeowners, ensuring that the tax burden is manageable while supporting essential community services.
Average Claflin Tax Bill
$1,845
Average Rice County Tax Bill
$1,047
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Claflin, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67525 | $686 | $885 | $1,845 | $2,924 | $3,338 |
Source: Ownwell