Harveyville, Kansas Property Taxes
The median property tax rate in Harveyville, KS is 1.60%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Harveyville, the typical annual property tax bill reaches $2,985, exceeding the national median of $2,690. Property taxes in Harveyville 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 Harveyville'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 Harveyville 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
Harveyville, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.6%
Estimate Property Tax Bill
$3,037
Ownwell’s Harveyville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Harveyville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Harveyville 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 Harveyville, Kansas
Property taxes in Harveyville, Kansas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Harveyville is 1.60%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Harveyville set these rates annually, and they can vary substantially across different neighborhoods. Each year, Harveyville 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 Harveyville's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66431 has both the highest and lowest median property tax rate of 1.60%. Understanding how these areas compare with Harveyville provides valuable insights into the varying tax landscape across Shawnee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Harveyville Tax Rate
1.60%
Average Shawnee County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harveyville, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66431 | 1.40% | 1.49% | 1.60% | 1.61% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Harveyville, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Harveyville, Kansas. 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 Shawnee 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 Harveyville, 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. The median home price in Harveyville is $189,810, with tax bills ranging from $2,541 at the 25th percentile to $4,514 at the 90th percentile. The highest and lowest median tax bills are both $2,985 in zip code 66431. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Harveyville Assessed Value
$189,810
Average Shawnee County Assessed Value
$146,140
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Harveyville, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66431 | $149,748 | $169,680 | $189,810 | $218,400 | $278,646 |
Source: Ownwell
Property Tax Bills Across Harveyville, Kansas
In Harveyville, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate set by Shawnee County. For homeowners in Harveyville, this means the tax bill can vary significantly depending on the value of their property. Several factors influence the tax bill, including the home's location within the county, its assessed value, and applicable exemptions. For instance, the median home price in Harveyville is $189,810, and property tax bills range from $2,541 at the 25th percentile to $4,514 at the 90th percentile, with a median tax bill of $2,985. This is lower than the national median property tax rate of 0.99%. These property tax bills impact homeowners by contributing to their annual housing costs, making it essential to understand how these taxes are calculated and what potential exemptions might apply to reduce the financial burden.
Average Harveyville Tax Bill
$2,985
Average Shawnee County Tax Bill
$2,160
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Harveyville, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66431 | $2,258 | $2,541 | $2,985 | $3,437 | $4,514 |
Source: Ownwell