Morrowville, Kansas Property Taxes
The median property tax rate in Morrowville, KS is 1.10%, slightly higher than the national median of 0.99% but lower than the Kansas state median of 1.43%. With the median home value in Morrowville, the typical annual property tax bill amounts to $559, significantly below the national median of $2,690. Property taxes in Morrowville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Morrowville'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 Morrowville or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Morrowville, Kansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,860
Ownwell’s Morrowville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Morrowville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Morrowville 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 Morrowville, Kansas
Property taxes in Morrowville, Kansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Morrowville is 1.10%, significantly higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Morrowville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Morrowville 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 Morrowville's effective property tax rate to other counties in Kansas and the national median. For comparison, the zip code 66958 has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Morrowville 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 Morrowville Tax Rate
1.10%
Average Washington County Tax Rate
1.08%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morrowville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66958 | 0.47% | 0.73% | 1.10% | 1.66% | 2.49% |
Source: Ownwell
Property Tax Assessment Values Across Morrowville, Kansas
In Morrowville, 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 Morrowville, 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 Morrowville is $55,450, with tax bills ranging from $280 at the 25th percentile to $2,015 at the 90th percentile. 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 Morrowville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Morrowville Assessed Value
$55,450
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 Morrowville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66958 | $9,709 | $21,375 | $55,450 | $146,340 | $219,833 |
Source: Ownwell
Property Tax Bills Across Morrowville, Kansas
In Morrowville, Washington County, KS, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $55,450, homeowners can expect varying tax bills depending on their property's assessed value and applicable exemptions. The 25th percentile tax bill stands at $280, while the 75th percentile reaches $1,173, and the 90th percentile can go up to $2,015. These figures highlight the range of property tax burdens homeowners might face, influenced by factors such as property size, location, and improvements. The highest and lowest median tax bills in the area are both $559, indicating a level of consistency in tax assessments within certain zip codes. Compared to the national median property tax rate of 0.99%, Morrowville's property tax rates can significantly impact homeowners, making it essential to understand how these taxes are calculated and managed.
Average Morrowville Tax Bill
$559
Average Washington County Tax Bill
$749
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Morrowville, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66958 | $119 | $280 | $559 | $1,173 | $2,015 |
Source: Ownwell