Udall, Kansas Property Taxes
The median property tax rate in Udall, Kansas is 1.15%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $173,370 in Udall, the typical annual property tax bill amounts to $2,137, which is below the national median of $2,690. Property taxes in Udall are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Udall'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 Udall 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
Udall, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$1,994
$1,850
Ownwell’s Udall Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Udall. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Udall to provide an estimate of your property tax bill. This tool offers a clear understanding of your potential tax liabilities, making financial planning easier. For those interested in more granular insights, localized information on neighborhood trends is available below. The assessed value of your property, determined by Sumner County, is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Udall, Kansas
Property taxes in Udall, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Udall is 1.15%, notably higher than the U.S. national median of 0.99%. Local government entities within Udall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Udall 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 Udall's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67146 zip code has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Udall 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 Udall Tax Rate
1.15%
Average Sumner County Tax Rate
1.55%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Udall, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67146 | 0.80% | 1.02% | 1.15% | 1.32% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Udall, Kansas
In Udall, 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 Sumner 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 Udall, 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 Udall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Udall is $173,370, with tax bills ranging from $1,374 at the 25th percentile to $4,311 at the 90th percentile.
Average Udall Assessed Value
$173,370
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 Udall, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67146 | $91,822 | $119,838 | $173,370 | $240,295 | $314,439 |
Source: Ownwell
Property Tax Bills Across Udall, Kansas
In Udall, located in Sumner County, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Udall is $173,370. The property tax rate in this region plays a crucial role in determining the final tax bill. Homeowners in the 25th percentile can expect a tax bill of approximately $1,374, while those in the 75th percentile may see a bill around $2,881. For homeowners in the 90th percentile, the tax bill can reach up to $4,311. Several factors influence the property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. These taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Udall's tax rates reflect the local government's funding needs and priorities, directly impacting the financial responsibilities of homeowners in the area.
Average Udall Tax Bill
$2,137
Average Sumner County Tax Bill
$1,397
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Udall, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67146 | $997 | $1,374 | $2,137 | $2,881 | $4,311 |
Source: Ownwell