Saint Marys, Kansas Property Taxes
The median property tax rate in Saint Marys, KS is 1.27%, higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Saint Marys at $190,515, the typical annual property tax bill reaches $2,855, exceeding the national median of $2,690. Property taxes in Saint Marys 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 Saint Marys' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Marys 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
Saint Marys, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$2,420
$2,245
Ownwell’s Saint Marys Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Marys with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Marys 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 Saint Marys, Kansas
Property taxes in Saint Marys, Kansas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Marys is 1.27%, which is higher than the U.S. national median of 0.99%. Local government entities within Saint Marys set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Marys 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 Saint Marys' effective property tax rate to other counties in Kansas and the national median. For comparison, the 66536 zip code has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Saint Marys 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 Saint Marys Tax Rate
1.27%
Average Shawnee County Tax Rate
1.48%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | 1.24% | 1.26% | 1.27% | 1.28% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Saint Marys, Kansas
In Saint Marys, 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 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 Saint Marys, 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 Saint Marys helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Marys Assessed Value
$190,515
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 Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | $65,461 | $141,275 | $190,515 | $239,472 | $276,724 |
Source: Ownwell
Property Tax Bills Across Saint Marys, Kansas
In Saint Marys, KS, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Saint Marys, the median home price is $190,515. Various factors such as property location, size, and condition play a role in determining the market value. Homeowners in this city can expect tax bills to vary widely. For instance, those in the 25th percentile face tax bills around $2,315, while those in the 75th percentile see bills closer to $3,198. At the 90th percentile, tax bills can reach up to $3,855. Comparatively, the national median property tax rate is 0.99%, showcasing how local rates and property values significantly impact what homeowners owe. Understanding these factors is crucial for homeowners to anticipate and manage their annual property tax obligations effectively.
Average Saint Marys Tax Bill
$2,855
Average Shawnee County Tax Bill
$2,160
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Marys, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66536 | $922 | $2,315 | $2,855 | $3,198 | $3,855 |
Source: Ownwell