Shawnee, Kansas Property Taxes
The median property tax rate in Shawnee, KS is 1.93%, considerably higher than both the national median of 0.99% and the Kansas state median of 1.43%. With the median home value in Shawnee at $356,500, the typical annual property tax bill reaches $6,894, exceeding the national median of $2,690. Property taxes in Shawnee 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 Shawnee'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 Shawnee 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
Shawnee, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.93%
Estimate Property Tax Bill
$6,880
Ownwell’s Shawnee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shawnee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shawnee 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 Shawnee, Kansas
Property taxes in Shawnee, Kansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shawnee is 1.93%, higher than both the Kansas state median and the U.S. national median of 0.99%. Local government entities within Shawnee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shawnee 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 Shawnee's effective property tax rate to other counties in Kansas and the national median. For comparison, the 66216 zip code has the highest median property tax rate of 1.93%, while the 66217 zip code has the lowest median tax rate of 1.73%. Understanding how these cities compare with Shawnee provides valuable insights into the varying tax landscape across Wyandotte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shawnee Tax Rate
1.93%
Average Wyandotte County Tax Rate
1.84%
Average Kansas Tax Rate
1.43%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shawnee, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66216 | 1.92% | 1.93% | 1.93% | 1.93% | 1.94% |
66217 | 1.72% | 1.72% | 1.73% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Shawnee, Kansas
In Shawnee, 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 Wyandotte 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. 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 Shawnee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Shawnee is $9,487 in the 66217 zip code, while the lowest median tax bill is $5,875 in the 66216 zip code.
Average Shawnee Assessed Value
$356,500
Average Wyandotte County Assessed Value
$133,500
Average Kansas Assessed Value
$156,260
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shawnee, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66216 | $251,880 | $288,300 | $304,500 | $363,450 | $388,720 |
66217 | $463,150 | $488,355 | $549,375 | $587,362 | $710,495 |
Source: Ownwell
Property Tax Bills Across Shawnee, Kansas
In Shawnee, Wyandotte County, KS, property tax bills are calculated based on the assessed value of your home. The assessed value is a percentage of the market value determined by the county assessor. Various factors influence this valuation, including the property's location, size, and condition. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For instance, the median home price in Shawnee is $356,500. Homeowners in the 25th percentile of tax bills pay around $5,669, while those in the 75th percentile pay approximately $7,733. The 90th percentile sees tax bills nearing $9,982. The highest median tax bill in the area is $9,487 in the 66217 zip code, contrasting with the lowest median tax bill of $5,875 in the 66216 zip code. Homeowners in Shawnee may find their tax bills higher or lower than the national median property tax rate of 0.99%, depending on these assessments and local rates. Understanding these factors can help homeowners anticipate their annual property tax obligations.
Average Shawnee Tax Bill
$6,894
Average Wyandotte County Tax Bill
$2,636
Average Kansas Tax Bill
$2,595
Average United States Tax Bill
$2,690
Property Tax Bills Across Shawnee, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
66216 | $4,843 | $5,557 | $5,875 | $7,031 | $7,526 |
66217 | $7,983 | $8,422 | $9,487 | $10,150 | $12,298 |
Source: Ownwell