Clifton, Kansas Property Taxes
The median property tax rate in Clifton, KS is 1.00%, slightly above the national median of 0.99% but lower than the Kansas state median of 1.43%. With a median home value of $82,300 in Clifton, the typical annual property tax bill amounts to $749, which is significantly below the national median of $2,690. Property taxes in Clifton are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Clifton'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 Clifton 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
Clifton, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$823
Ownwell’s Clifton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clifton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clifton 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 Clifton, Kansas
Property taxes in Clifton, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clifton is 1.00%, higher than the U.S. national median of 0.99%. Local government entities within Clifton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clifton 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 Clifton's effective property tax rate to other areas in Washington County and the national median. For comparison, the zip code 66937 has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Clifton provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clifton Tax Rate
1.00%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clifton, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66937 | 0.47% | 0.69% | 1.00% | 1.27% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Clifton, Kansas
In Clifton, 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 Washington 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 Clifton, 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 example, the median home price in Clifton is $82,300, with tax bills ranging from $322 at the 25th percentile to $2,020 at the 90th percentile. The zip code 66937 has the highest and lowest median tax bill of $749. 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 Clifton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clifton Assessed Value
$82,300
Average Washington County Assessed Value
$82,220
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clifton, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66937 | $11,686 | $36,090 | $82,300 | $141,050 | $235,084 |
Source: Ownwell
Property Tax Bills Across Clifton, Kansas
In Clifton, Washington County, KS, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is determined by local government assessors. Factors such as the property's location, size, and improvements are considered in this valuation. Homeowners in Clifton can expect their tax bills to vary significantly depending on these assessments. For instance, the median home price in Clifton is $82,300. Property tax bills in this area range from $322 at the 25th percentile to $2,020 at the 90th percentile. The median tax bill across the city stands at $749, which is lower than the national median property tax rate of 0.99%. This variance highlights how local factors and property characteristics influence the overall tax burden on homeowners. Consequently, understanding these elements can help residents anticipate their property tax obligations more accurately.
Average Clifton Tax Bill
$749
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Clifton, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66937 | $137 | $322 | $749 | $1,224 | $2,020 |
Source: Ownwell