Moscow, Kansas Property Taxes
The median property tax rate in Moscow, KS is 1.81%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Moscow, the typical annual property tax bill reaches $1,051, exceeding the national median of $2,690. Property taxes in Moscow 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 Moscow'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 Moscow 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
Moscow, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$1,085
$1,007
Ownwell’s Moscow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moscow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moscow 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 Moscow, Kansas
Property taxes in Moscow, KS, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Moscow stands at 1.81%, significantly higher than the U.S. national median of 0.99%. Local government entities within Moscow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moscow 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. Understanding how Moscow's effective property tax rate compares to other areas provides valuable insights into the varying tax landscape across Stevens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moscow Tax Rate
1.81%
Average Stevens County Tax Rate
2.00%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moscow, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67952 | 1.18% | 1.34% | 1.81% | 2.19% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Moscow, Kansas
In Moscow, 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 Stevens 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 Moscow, 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 Moscow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 67952, with a median bill of $1,051.
Average Moscow Assessed Value
$59,930
Average Stevens County Assessed Value
$87,350
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moscow, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67952 | $8,136 | $28,320 | $59,930 | $114,125 | $165,736 |
Source: Ownwell
Property Tax Bills Across Moscow, Kansas
In Moscow, Stevens County, KS, property tax bills are calculated based on the assessed value of the home, which is a percentage of the market value. The median home price in Moscow is $59,930. Homeowners in this region face varying tax bills, with the 25th percentile paying around $487 annually, while those in the 75th percentile pay approximately $1,960. The top 10% of homeowners face tax bills reaching up to $2,912. Several factors influence these tax bills, including the assessed value of the property and the local tax rate. With the national median property tax rate at 0.99%, Moscow's property taxes can be seen as relatively moderate. However, these taxes can significantly impact homeowners, as higher property taxes may affect affordability and the overall cost of homeownership. Understanding how these taxes are calculated helps homeowners plan their finances more effectively and anticipate future costs.
Average Moscow Tax Bill
$1,051
Average Stevens County Tax Bill
$1,676
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Moscow, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67952 | $146 | $487 | $1,051 | $1,960 | $2,912 |
Source: Ownwell