Ellis, Kansas Property Taxes
The median property tax rate in Ellis, KS is 1.64%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Ellis, the typical annual property tax bill reaches $1,680, which is below the national median of $2,690. Property taxes in Ellis 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 Ellis'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 Ellis 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
Ellis, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$1,709
$1,586
Ownwell’s Ellis Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ellis. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Ellis to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed decisions. For those interested in more granular data, you can scroll down to explore neighborhood-level trends. Your property’s assessed value, determined by the county, is used for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Ellis, Kansas
Property taxes in Ellis, Kansas, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellis is 1.64%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Ellis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellis 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 Ellis's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67637 in Trego County has the same median property tax rate of 1.64%. Understanding how these cities compare with Ellis provides valuable insights into the varying tax landscape across Ellis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellis Tax Rate
1.64%
Average Trego County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellis, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67637 | 1.01% | 1.19% | 1.64% | 2.30% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Ellis, Kansas
In Ellis, 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 Trego 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 Ellis, 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 Ellis 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 67637 with $1680, while the lowest is also 67637 with $1680.
Average Ellis Assessed Value
$104,220
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 Ellis, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67637 | $35,742 | $51,990 | $104,220 | $182,330 | $254,484 |
Source: Ownwell
Property Tax Bills Across Ellis, Kansas
In Ellis, Kansas, 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. For example, with a median home price of $104,220, homeowners can expect varying tax bills. The 25th percentile tax bill in Ellis is $937, while the 75th percentile reaches up to $2,296, and the 90th percentile can be as high as $4,368. These figures illustrate the range of property tax obligations depending on the assessed value and applicable tax rate. Factors influencing the tax bill include the property's location within the county, any applicable exemptions, and changes in local tax rates. Homeowners in Ellis may find that their property tax bills are significantly impacted by these variables, affecting their overall financial planning. Compared to the national median property tax rate of 0.99%, Ellis's tax rates reflect the specific economic and policy conditions of the region.
Average Ellis Tax Bill
$1,680
Average Trego County Tax Bill
$1,206
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellis, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67637 | $579 | $937 | $1,680 | $2,296 | $4,368 |
Source: Ownwell