Utica, Kansas Property Taxes
The median property tax rate in Utica, Kansas is 2.72%, significantly higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Utica, the typical annual property tax bill reaches $1,384, which is below the national median of $2,690. Property taxes in Utica 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 Utica'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 Utica 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
Utica, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.72%
Estimate Property Tax Bill
$1,494
$1,386
Ownwell’s Utica Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Utica with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Utica 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 Utica, Kansas
Property taxes in Utica, Kansas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Utica is 2.72%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Utica set these rates annually, and they can vary significantly across different neighborhoods. Each year, Utica 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 Utica's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 67584 has both the highest and lowest median property tax rate of 2.72%. Understanding how these areas compare with Utica 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 Utica Tax Rate
2.72%
Average Trego County Tax Rate
1.69%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Utica, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67584 | 1.67% | 1.88% | 2.72% | 3.10% | 3.48% |
Source: Ownwell
Property Tax Assessment Values Across Utica, Kansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Utica, 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 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 Utica, 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 Utica helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $1,384 in the zip code 67584.
Average Utica Assessed Value
$54,915
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 Utica, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67584 | $25,221 | $39,492 | $54,915 | $90,155 | $137,142 |
Source: Ownwell
Property Tax Bills Across Utica, Kansas
In Utica, Trego County, KS, property tax bills 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 $54,915, the assessed value is used to calculate the property tax bill. Property tax rates in Utica are influenced by various local factors, including funding needs for schools, infrastructure, and other public services. Homeowners in Utica can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,029, while the 75th percentile tax bill is $2,310. At the higher end, the 90th percentile tax bill reaches $2,913. These values highlight the range of property tax obligations within the area, reflecting differences in property values and local tax rates. Compared to the national median property tax rate of 0.99%, homeowners in Utica may find their tax rates and bills to be relatively moderate, depending on their property's assessed value and specific local tax rates.
Average Utica Tax Bill
$1,384
Average Trego County Tax Bill
$1,206
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Utica, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67584 | $807 | $1,029 | $1,384 | $2,310 | $2,913 |
Source: Ownwell