Plains, Seward County, Kansas Property Taxes
The median property tax rate in Plains, KS is 1.76%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Plains, the typical annual property tax bill reaches $3,128, exceeding the national median of $2,690. Property taxes in Plains 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 Plains' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Plains 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
Plains, Seward County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$2,885
$2,677
Ownwell’s Plains Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plains with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plains 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 Plains, Seward County, Kansas
Property taxes in Plains, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plains is 1.76%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Plains set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plains 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 Plains' effective property tax rate to other counties in Kansas and the national median. For comparison, the 67869 zip code has both the highest and lowest median property tax rate of 1.76%. Understanding how these areas compare with Plains 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 Plains Tax Rate
1.76%
Average Seward County Tax Rate
2.01%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plains, Seward County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67869 | 1.47% | 1.54% | 1.76% | 1.87% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Plains, Seward County, Kansas
In Plains, 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 Plains, 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. For example, the median home price in Plains is $163,910, with annual tax bills ranging from $1,252 at the 25th percentile to $5,414 at the 90th percentile. The highest median tax bill in the area is $3,128 in the 67869 zip code. By understanding 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 Plains helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Plains, Seward County, Kansas
Source: Ownwell
$87,430
$125,670
$163,910
Average Plains Assessed Value
$163,910
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 Plains, Seward County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67869 | $66,126 | $92,860 | $163,910 | $210,575 | $299,458 |
Source: Ownwell
Property Tax Bills Across Plains, Seward County, Kansas
In the city of Plains, property tax bills are calculated based on the assessed value of a home, which is determined by the Seward County Assessor's Office. The assessed value is a percentage of the home's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. In Plains, the median home price is $163,910, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $1,252, while the 75th percentile tax bill is $3,845, and the 90th percentile tax bill reaches up to $5,414. These variations depend on factors such as the property's location, size, and any applicable exemptions or deductions. Homeowners in Plains should be aware of how these factors influence their property tax bills, as higher taxes can impact overall affordability. Compared to the national median property tax rate of 0.99%, the tax rate in Seward County can present a significant financial consideration for residents.
Average Plains Tax Bill
$3,128
Average Seward County Tax Bill
$2,119
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Plains, Seward County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67869 | $1,038 | $1,252 | $3,128 | $3,845 | $5,414 |
Source: Ownwell