Bentley, Kansas Property Taxes
The median property tax rate in Bentley, KS is 1.84%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Bentley at $95,200, the typical annual property tax bill reaches $1,702, exceeding the national median of $2,690. Property taxes in Bentley 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 Bentley'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 Bentley 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
Bentley, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$1,752
Ownwell’s Bentley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bentley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bentley 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 Bentley, Kansas
Property taxes in Bentley, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bentley is 1.84%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Bentley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bentley 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 Bentley's effective property tax rate to other regions in Kansas and the national median. For comparison, the zip code 67016 has the highest median property tax rate of 1.84%, while the lowest median tax rate in the area is also 1.84%. Understanding how these areas compare with Bentley provides valuable insights into the varying tax landscape across Sedgwick County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bentley Tax Rate
1.84%
Average Sedgwick County Tax Rate
1.29%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bentley, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67016 | 1.72% | 1.78% | 1.84% | 1.87% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Bentley, Kansas
In Bentley, 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 Sedgwick 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 Bentley, 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. The median home price in Bentley is $95,200. Tax bills can vary significantly, with the 25th percentile bill at $878 and the 75th percentile bill at $3,008. The highest median tax bill recorded in the area is $1,702 in the 67016 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bentley Assessed Value
$95,200
Average Sedgwick County Assessed Value
$135,800
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bentley, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67016 | $14,660 | $49,010 | $95,200 | $151,035 | $184,220 |
Source: Ownwell
Property Tax Bills Across Bentley, Kansas
Property tax bills in Bentley, located in Sedgwick County, KS, are calculated based on the assessed value of a property, which is typically a percentage of the market value. The median home price in Bentley is $95,200. Homeowners in this region see a range of property tax bills, with the 25th percentile at $878 and the 75th percentile at $3,008, indicating significant variability depending on the property's assessed value and specific tax rates applied. The highest median tax bill in Bentley stands at $1,702, which is relatively modest compared to the national median property tax rate of 0.99%. Factors such as property improvements, neighborhood changes, and local government budgets can influence the assessed value and, subsequently, the tax bill. Homeowners must stay informed about these factors as they directly impact their annual expenses. Understanding how these elements contribute to the overall tax bill can help homeowners in Bentley plan their finances more effectively and anticipate future tax obligations.
Average Bentley Tax Bill
$1,702
Average Sedgwick County Tax Bill
$1,835
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Bentley, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67016 | $322 | $878 | $1,702 | $3,008 | $4,170 |
Source: Ownwell