Stevens County, Kansas Property Taxes
The median property tax rate in Stevens County is 2.00%, which is significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Stevens County at $87,350, the typical annual property tax bill reaches $1,676, which is below the national median of $2,690. Property taxes in Stevens County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Stevens County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hugoton or another part of Stevens County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stevens County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2%
Estimate Property Tax Bill
$1,747
$1,621
Ownwell’s Stevens County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Stevens County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Stevens County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Stevens County, Kansas
Property taxes in Stevens County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Stevens County is 2.00%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Stevens County set these rates annually, and they can vary significantly between different areas within the county. Each year, Stevens County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Stevens County's effective property tax rate with other counties in Kansas and the national median. For comparison, the city of Rolla has one of the higher property tax rates in Kansas at 2.09%, while the city of Liberal boasts one of the lowest at 1.74%. Analyzing how Stevens County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Stevens County Tax Rate
2.00%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Stevens County, Kansas
In Stevens County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Stevens County Appraisal District. The assessed value, however, 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. Assessment notices in Stevens County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Rolla has the highest median tax bill at $1,948, while Moscow has the lowest at $1,051. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Stevens County Assessed Value
$87,350
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Bills Across Stevens County, Kansas
In Stevens County, KS, 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 to determine the annual tax bill. Factors such as the property's market value, local tax rates, and any applicable exemptions play a significant role in determining the final bill. For instance, the median home price in Stevens County is $87,350. Homeowners in the 25th percentile can expect a tax bill around $836, while those in the 75th percentile may see a bill closer to $2,763. The 90th percentile tax bill can go up to $4,023. Comparatively, the national median property tax rate is 0.99%, which highlights the variability in tax burdens across different regions. In Stevens County, the highest median tax bill is found in Rolla at $1,948, whereas the lowest is in Moscow at $1,051. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly.
Average Stevens County Tax Bill
$1,676
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690