South Haven, Kansas Property Taxes
The median property tax rate in South Haven, KS is 1.70%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $68,880 in South Haven, the typical annual property tax bill reaches $1,274, exceeding the national median of $2,690. Property taxes in South Haven 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 South Haven'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 South Haven 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
South Haven, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s South Haven Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Haven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Haven 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 South Haven, Kansas
Property taxes in South Haven, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Haven is 1.70%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within South Haven set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Haven 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 South Haven's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67140 has the highest median property tax rate of 1.70%, while the same zip code also has the lowest median tax rate of 1.70%. Understanding how these cities compare with South Haven provides valuable insights into the varying tax landscape across Sumner County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average South Haven Tax Rate
1.70%
Average Sumner County Tax Rate
1.55%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Haven, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67140 | 1.21% | 1.42% | 1.70% | 1.92% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across South Haven, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in South Haven, 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 local 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 South Haven, 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. For instance, the median home price in South Haven is $68,880, with tax bills varying significantly. The 25th percentile tax bill is $657, while the 75th percentile tax bill is $2,210, and the 90th percentile tax bill reaches $3,165. The highest and lowest median tax bills are both $1,274, found in zip code 67140. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average South Haven Assessed Value
$68,880
Average Sumner County Assessed Value
$90,990
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across South Haven, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67140 | $12,766 | $35,300 | $68,880 | $131,000 | $204,610 |
Source: Ownwell
Property Tax Bills Across South Haven, Kansas
In South Haven, located in Sumner 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 property's market value, and the tax rate is applied to this assessed value to calculate the tax bill. Various factors such as property improvements, market trends, and neighborhood characteristics can influence the assessed value. Homeowners in South Haven experience a range of property tax bills. For instance, the 25th percentile of tax bills is around $657, while the 75th percentile reaches up to $2210. The 90th percentile tax bill can be as high as $3165, indicating a significant variation depending on the property's assessed value. Compared to the national median property tax rate of 0.99%, South Haven's rates reflect the local economic conditions and property values. These property taxes play a crucial role in funding community services, including schools, infrastructure, and public safety, directly impacting homeowners and their community.
Average South Haven Tax Bill
$1,274
Average Sumner County Tax Bill
$1,397
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across South Haven, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67140 | $285 | $657 | $1,274 | $2,210 | $3,165 |
Source: Ownwell