Moscow, Kansas Property Taxes
The median property tax rate in Moscow, KS is 1.43%, which is considerably higher than the national median of 0.99% and aligns with the Kansas state median of 1.43%. With the median home value in Moscow at $110,220, the typical annual property tax bill reaches $1,280, which is lower than the national median of $2,690. Property taxes in Moscow 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 Moscow'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 Moscow 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
Moscow, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Moscow Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers in Moscow. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Moscow to provide an accurate estimate of your annual property tax bill. This tool is designed to help you understand your potential tax liabilities with ease. Additionally, if you’re curious about property tax trends in specific neighborhoods, you can explore more localized information further down the page. Remember, your property’s assessed value is the figure determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Moscow, Kansas
Property taxes in Moscow, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moscow is 1.43%, which is significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Moscow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moscow 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 Moscow's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67952 zip code has the highest median property tax rate of 1.43%, while the same zip code also has the lowest median tax rate of 1.43%. Understanding how these cities compare with Moscow provides valuable insights into the varying tax landscape across Seward County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moscow Tax Rate
1.43%
Average Seward County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moscow, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67952 | 1.43% | 1.43% | 1.43% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Moscow, Kansas
In Moscow, 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 Seward 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 Moscow, 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 Moscow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,280, found in the 67952 zip code.
Average Moscow Assessed Value
$110,220
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 Moscow, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67952 | $29,651 | $49,865 | $110,220 | $158,972 | $210,935 |
Source: Ownwell
Property Tax Bills Across Moscow, Kansas
In Moscow, Seward County, KS, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. For example, with a median home price of $110,220, homeowners can expect their annual property tax bills to be around $1,280. This figure remains consistent across various percentiles, indicating a uniform tax rate in the area. Several factors influence the assessed value, including the property's location, size, and condition, as well as any improvements made. These elements are evaluated by local assessors to ensure fair taxation. The impact on homeowners is significant, as property taxes contribute to essential public services like schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Moscow's rate results in a relatively predictable tax bill, providing homeowners with a clear understanding of their annual financial obligations.
Average Moscow Tax Bill
$1,280
Average Seward County Tax Bill
$2,119
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Moscow, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67952 | $1,280 | $1,280 | $1,280 | $1,280 | $1,280 |
Source: Ownwell