Trego County Property Taxes
The median property tax rate in Trego County is 1.69%, 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 Trego County at $75,930, the typical annual property tax bill reaches $1,206, which is below the national median of $2,690. Property taxes in Trego County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Trego 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 WaKeeney or another part of Trego County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Trego County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$1,283
$1,191
Ownwell’s Trego County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Trego County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Trego 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 Trego County, Kansas
Property taxes in Trego County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Trego County is 1.69%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Trego County set these rates annually, and they can vary significantly between different areas within the county. Each year, Trego 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 Trego County's effective property tax rate with other counties in Kansas and the national median. For comparison, the city of Utica has one of the higher property tax rates in Kansas at 2.72%, while the city of Brownell boasts one of the lowest at 1.12%. Analyzing how Trego County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Trego County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Trego County, Kansas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brownell | 0.86% | 1.03% | 1.12% | 1.22% | 1.50% |
Collyer | 1.04% | 1.25% | 1.43% | 1.86% | 2.89% |
Ellis | 1.01% | 1.19% | 1.64% | 2.30% | 3.07% |
Ogallah | 0.87% | 1.04% | 1.18% | 1.39% | 2.10% |
Palco | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
Ransom | 1.25% | 1.69% | 2.04% | 2.30% | 2.70% |
Utica | 1.67% | 1.88% | 2.72% | 3.10% | 3.48% |
Wakeeney | 1.27% | 1.54% | 1.73% | 1.80% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across Trego County, Kansas
In Trego 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 Trego 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 Trego 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. The highest median tax bill in Trego County is in Palco at $3,390, while the lowest is in Collyer at $785. Being aware of these valuation processes in Trego County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Trego County Assessed Value
$75,930
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Trego County, Kansas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brownell | $53,698 | $64,045 | $82,630 | $138,845 | $172,599 |
Collyer | $3,755 | $22,772 | $52,435 | $90,512 | $147,699 |
Ellis | $35,742 | $51,990 | $104,220 | $182,330 | $254,484 |
Ogallah | $9,228 | $47,790 | $90,360 | $131,600 | $175,574 |
Palco | $180,070 | $180,070 | $180,070 | $180,070 | $180,070 |
Ransom | $22,694 | $49,150 | $62,200 | $115,575 | $205,900 |
Utica | $25,221 | $39,492 | $54,915 | $90,155 | $137,142 |
Wakeeney | $19,620 | $40,570 | $75,890 | $132,020 | $194,550 |
Source: Ownwell
Property Tax Bills Across Trego County, Kansas
In Trego County, KS, 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 the county is $75,930. Homeowners can expect varying tax bills depending on the value of their property. For instance, the 25th percentile tax bill is around $646, while the 75th percentile tax bill reaches up to $2,122. At the higher end, the 90th percentile tax bill can go as high as $3,123. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions. Homeowners in cities like Palco face the highest median tax bill at $3,390, whereas those in Collyer experience the lowest at $785. Compared to the national median property tax rate of 0.99%, Trego County's rates can significantly impact household budgets, making it essential for homeowners to understand their property’s assessed value and the local tax regulations.
Average Trego County Tax Bill
$1,206
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Trego County, Kansas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brownell | $553 | $644 | $912 | $1,687 | $2,172 |
Collyer | $52 | $253 | $785 | $1,351 | $2,639 |
Ellis | $579 | $937 | $1,680 | $2,296 | $4,368 |
Ogallah | $94 | $650 | $1,119 | $1,605 | $2,301 |
Palco | $3,390 | $3,390 | $3,390 | $3,390 | $3,390 |
Ransom | $416 | $871 | $1,322 | $2,212 | $4,377 |
Utica | $807 | $1,029 | $1,384 | $2,310 | $2,913 |
Wakeeney | $310 | $653 | $1,277 | $2,223 | $3,169 |
Source: Ownwell