Hollenberg, Kansas Property Taxes
The median property tax rate in Hollenberg, KS is 1.27%, higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Hollenberg at $62,895, the typical annual property tax bill reaches $482, which is below the national median of $2,690. Property taxes in Hollenberg 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 Hollenberg'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 Hollenberg 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
Hollenberg, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$799
Ownwell’s Hollenberg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hollenberg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hollenberg 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 Hollenberg, Kansas
Property taxes in Hollenberg, Kansas, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hollenberg is 1.27%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hollenberg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hollenberg 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 Hollenberg's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66946 zip code has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Hollenberg 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 Hollenberg Tax Rate
1.27%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hollenberg, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66946 | 0.49% | 0.89% | 1.27% | 1.72% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Hollenberg, Kansas
In Hollenberg, 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 Hollenberg, 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 Hollenberg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hollenberg is $62,895, and the highest median tax bill is $482 in the 66946 zip code.
Average Hollenberg Assessed Value
$62,895
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 Hollenberg, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66946 | $1,748 | $5,698 | $62,895 | $142,778 | $267,165 |
Source: Ownwell
Property Tax Bills Across Hollenberg, Kansas
In Hollenberg, Kansas, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Hollenberg is $62,895. To calculate the tax bill, the assessed value of the property is multiplied by the tax rate set by Washington County. Various factors influence the assessed value, including property size, location, and market conditions. For homeowners, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $92, while the 75th percentile tax bill is $1,394. At the higher end, the 90th percentile tax bill reaches $2,477. The highest median tax bill in the area is $482, which is considerably lower than the national median property tax rate of 0.99%. These variations affect homeowners differently, with some benefiting from lower tax obligations while others may face higher costs. Understanding these factors can help homeowners anticipate their annual property tax expenses and budget accordingly.
Average Hollenberg Tax Bill
$482
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Hollenberg, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66946 | $32 | $92 | $482 | $1,394 | $2,477 |
Source: Ownwell