Lecompton, Kansas Property Taxes
The median property tax rate in Lecompton, KS is 1.49%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Lecompton at $249,410, the typical annual property tax bill reaches $3,657, exceeding the national median of $2,690. Property taxes in Lecompton 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 Lecompton'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 Lecompton 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
Lecompton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$3,716
Ownwell’s Lecompton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lecompton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lecompton 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 Lecompton, Kansas
Property taxes in Lecompton, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lecompton is 1.49%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Lecompton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lecompton 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 Lecompton's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66050 zip code has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Lecompton provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lecompton Tax Rate
1.49%
Average Shawnee County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lecompton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66050 | 1.44% | 1.48% | 1.49% | 1.49% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Lecompton, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lecompton, 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 Lecompton, 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 Lecompton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 66050 has both the highest and lowest median tax bill at $3,657.
Average Lecompton Assessed Value
$249,410
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 Lecompton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66050 | $108,777 | $205,142 | $249,410 | $317,870 | $486,264 |
Source: Ownwell
Property Tax Bills Across Lecompton, Kansas
In Lecompton, located in Shawnee County, KS, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the home's market value. Homeowners in Lecompton face a property tax rate that contributes to their annual tax bill. Factors influencing the tax bill include the home’s assessed value, the local tax rate, and any applicable exemptions or deductions. For instance, the median home price in Lecompton is $249,410. Property tax bills can vary significantly, with the 25th percentile at $2,910 and the 75th percentile at $4,739. The 90th percentile reaches up to $6,927. These figures highlight the range of tax obligations homeowners might encounter. Compared to the national median property tax rate of 0.99%, Lecompton's rates can result in relatively higher annual tax bills, impacting homeowners' financial planning and budgeting. Understanding these factors helps homeowners anticipate their property tax responsibilities more accurately.
Average Lecompton Tax Bill
$3,657
Average Shawnee County Tax Bill
$2,160
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Lecompton, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66050 | $1,573 | $2,910 | $3,657 | $4,739 | $6,927 |
Source: Ownwell