Seward County Property Taxes
The median property tax rate in Seward County is 2.01%, 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 Seward County at $105,380, the typical annual property tax bill reaches $2,119, which is still below the national median of $2,690. Property taxes in Seward County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Seward 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 Liberal or another part of Seward County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Seward County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$2,118
$1,966
Ownwell’s Seward County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Seward County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Seward 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 Seward County, Kansas
Property taxes in Seward County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Seward County is 2.01%, which is significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Seward County set these rates annually, and they can vary significantly between different areas within the county. Each year, Seward 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. The following data compares Seward County's effective property tax rate with other counties in Kansas and the national median. For comparison, the city of Kismet has one of the higher property tax rates in Kansas at 2.02%, while the city of Moscow boasts one of the lowest at 1.43%. Analyzing how Seward County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Seward County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Seward County, Kansas
In Seward 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 Seward 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 Seward 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. For instance, the highest median tax bill in Seward County is $3,128 in Plains, while the lowest is $1,280 in Moscow. Being aware of these valuation processes in Seward County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Seward County Assessed Value
$105,380
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Seward County, Kansas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Kismet | $20,882 | $57,615 | $87,430 | $132,755 | $193,458 |
Liberal | $39,470 | $68,680 | $105,835 | $142,232 | $183,690 |
Moscow | $29,651 | $49,865 | $110,220 | $158,972 | $210,935 |
Plains | $66,126 | $92,860 | $163,910 | $210,575 | $299,458 |
Satanta | $64,774 | $101,772 | $134,785 | $173,595 | $269,143 |
Sublette | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Seward County, Kansas
In Seward County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is typically a percentage of the property's market value. For example, with a median home price of $105,380, the tax bill varies significantly depending on the assessed value and applicable tax rates. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Seward County can expect their tax bills to range widely. The 25th percentile tax bill is approximately $1,377, while the 75th percentile tax bill is around $2,837. At the higher end, the 90th percentile tax bill reaches up to $3,654. Comparatively, the national median property tax rate is 0.99%, highlighting that Seward County's tax rates can result in varying financial impacts on homeowners. Those in cities like Plains may see higher median tax bills, around $3,128, whereas homeowners in Moscow experience lower median tax bills, approximately $1,280.
Average Seward County Tax Bill
$2,119
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690