Ogallah, Kansas Property Taxes
The median property tax rate in Ogallah, KS is 1.18%, 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 $90,360 in Ogallah, the typical annual property tax bill reaches $1,119, which is below the national median of $2,690. Property taxes in Ogallah are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Ogallah'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 Ogallah or another part of Trego County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ogallah, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,066
Ownwell’s Ogallah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ogallah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ogallah 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 Ogallah, Kansas
Property taxes in Ogallah, Kansas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ogallah is 1.18%, which is higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Ogallah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ogallah 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 Ogallah's effective property tax rate to other counties in Kansas and the national median. For comparison, the 67656 zip code has the highest median property tax rate of 1.18%, while the 67656 zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Ogallah provides valuable insights into the varying tax landscape across Trego County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ogallah Tax Rate
1.18%
Average Trego County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ogallah, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67656 | 0.87% | 1.04% | 1.18% | 1.39% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Ogallah, Kansas
In Ogallah, 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 Ogallah, 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 Trego County is $90,360, with tax bills ranging from $650 at the 25th percentile to $2,301 at the 90th percentile. The highest and lowest median tax bills both amount to $1,119 in zip code 67656. 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 Ogallah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ogallah Assessed Value
$90,360
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 Ogallah, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67656 | $9,228 | $47,790 | $90,360 | $131,600 | $175,574 |
Source: Ownwell
Property Tax Bills Across Ogallah, Kansas
Property tax bills in Ogallah, located in Trego County, KS, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. For example, with a median home price of $90,360, the assessed value is then multiplied by the local tax rate to determine the tax bill. In Ogallah, the tax rate is reflective of the county's needs and budget requirements. Several factors influence the final tax bill, including property location, improvements, and any applicable exemptions. Homeowners in Ogallah can expect a range of tax bills, with the 25th percentile paying around $650, and those in the 75th percentile facing bills up to $1,605. At the higher end, the 90th percentile sees tax bills as high as $2,301. Comparing these figures to the national median property tax rate of 0.99%, Ogallah's property tax rates can significantly impact homeowners, making it essential to understand how these bills are calculated and what factors are at play.
Average Ogallah Tax Bill
$1,119
Average Trego County Tax Bill
$1,206
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Ogallah, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67656 | $94 | $650 | $1,119 | $1,605 | $2,301 |
Source: Ownwell