Clyde, Kansas Property Taxes
The median property tax rate in Clyde, KS is 0.82%, which is lower than both the national median of 0.99% and the Kansas state median of 1.43%. With a median home value of $178,700 in Clyde, the typical annual property tax bill is $1,140, significantly below the national median of $2,690. Property taxes in Clyde are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Clyde's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Clyde or another part of Washington County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clyde, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$1,465
Ownwell’s Clyde Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clyde with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clyde 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 Clyde, Kansas
Property taxes in Clyde, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clyde is 1.99%, significantly higher than both the Kansas state median of 1.37% and the U.S. national median of 0.99%. Local government entities within Clyde set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clyde 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 Clyde's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66938 zip code has the highest median property tax rate of 1.99%, while the same zip code also has the lowest median tax rate of 1.99%. Understanding how these cities compare with Clyde 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 Clyde Tax Rate
0.82%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clyde, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66938 | 0.44% | 0.56% | 0.82% | 0.96% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Clyde, Kansas
In Clyde, 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 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 Clyde, 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 Clyde helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 66938 in Clyde has a median tax bill of $1,140, which is notably different from the national median property tax rate of 0.99%.
Average Clyde Assessed Value
$178,700
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 Clyde, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66938 | $42,067 | $91,785 | $178,700 | $249,225 | $398,848 |
Source: Ownwell
Property Tax Bills Across Clyde, Kansas
Property tax bills in Clyde, located in Washington County, KS, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Clyde's property tax rate is relatively moderate compared to the national median of 0.99%. For instance, homeowners in Clyde can expect a median tax bill of $1,140. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For example, tax bills in Clyde range from the 25th percentile at $781 to the 90th percentile at $2,339, reflecting variations in property values and individual circumstances. For homeowners, understanding these factors is crucial as property taxes significantly impact overall housing costs. By staying informed about local tax rates and assessment practices, homeowners can better anticipate their annual expenses and plan accordingly.
Average Clyde Tax Bill
$1,140
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Clyde, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66938 | $350 | $781 | $1,140 | $1,580 | $2,339 |
Source: Ownwell