Kansas City, Clay County, Missouri Property Taxes
The median property tax rate in Kansas City, MO is 1.38%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Kansas City at $193,789, the typical annual property tax bill reaches $2,644, slightly below the national median of $2,690. Property taxes in Kansas City 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 Kansas City'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 Kansas City 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
Kansas City, Clay County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$2,674
$2,482
Ownwell’s Kansas City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kansas City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kansas City 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 Kansas City, Clay County, Missouri
Property taxes in Kansas City, MO, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kansas City stands at 1.38%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Kansas City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kansas City 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 Kansas City's effective property tax rate to other areas in Missouri and the national median. For comparison, the 64133 zip code has the highest median property tax rate of 1.69%, while the 64166 zip code has the lowest median tax rate of 1.15%. Understanding how these areas compare with Kansas City provides valuable insights into the varying tax landscape across Clay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kansas City Tax Rate
1.38%
Average Clay County Tax Rate
1.34%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kansas City, Clay County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64113 | N/A | N/A | N/A | N/A | N/A |
| 64116 | 1.22% | 1.29% | 1.36% | 1.42% | 1.45% |
| 64117 | 1.26% | 1.36% | 1.40% | 1.43% | 1.46% |
| 64118 | 1.17% | 1.21% | 1.26% | 1.39% | 1.43% |
| 64119 | 1.20% | 1.25% | 1.37% | 1.42% | 1.45% |
| 64128 | N/A | N/A | N/A | N/A | N/A |
| 64130 | N/A | N/A | N/A | N/A | N/A |
| 64131 | N/A | N/A | N/A | N/A | N/A |
| 64133 | N/A | N/A | N/A | N/A | N/A |
| 64138 | N/A | N/A | N/A | N/A | N/A |
| 64151 | N/A | N/A | N/A | N/A | N/A |
| 64155 | 1.29% | 1.35% | 1.39% | 1.42% | 1.45% |
| 64156 | 1.33% | 1.35% | 1.38% | 1.42% | 1.45% |
| 64157 | 1.38% | 1.41% | 1.46% | 1.50% | 1.52% |
| 64158 | 1.44% | 1.47% | 1.49% | 1.50% | 1.54% |
| 64161 | 1.42% | 1.46% | 1.51% | 1.56% | 1.59% |
| 64165 | 1.19% | 1.22% | 1.22% | 1.23% | 1.24% |
| 64166 | 1.05% | 1.11% | 1.15% | 1.21% | 1.41% |
| 64167 | 1.12% | 1.14% | 1.17% | 1.19% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Kansas City, Clay County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kansas City, MO. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the local 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 Kansas City, 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. For instance, the highest median tax bill in Kansas City is $4,687 in the 64156 zip code, while the lowest median tax bill is $844 in the 64133 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Kansas City, Clay County, Missouri
Source: Ownwell
$62,552
$212,855
$363,158
Average Kansas City Assessed Value
$193,789
Average Clay County Assessed Value
$203,105
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kansas City, Clay County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64113 | N/A | N/A | N/A | N/A | N/A |
| 64116 | $87,421 | $111,948 | $157,105 | $258,526 | $366,684 |
| 64117 | $85,600 | $104,895 | $126,579 | $150,474 | $176,421 |
| 64118 | $109,211 | $136,579 | $172,105 | $216,132 | $271,032 |
| 64119 | $103,316 | $126,500 | $162,526 | $242,342 | $336,316 |
| 64128 | N/A | N/A | N/A | N/A | N/A |
| 64130 | N/A | N/A | N/A | N/A | N/A |
| 64131 | N/A | N/A | N/A | N/A | N/A |
| 64133 | N/A | N/A | N/A | N/A | N/A |
| 64138 | N/A | N/A | N/A | N/A | N/A |
| 64151 | N/A | N/A | N/A | N/A | N/A |
| 64155 | $149,316 | $180,921 | $224,316 | $313,579 | $433,416 |
| 64156 | $200,368 | $254,816 | $341,552 | $414,736 | $475,500 |
| 64157 | $183,916 | $223,789 | $308,526 | $419,632 | $505,505 |
| 64158 | $178,663 | $220,948 | $261,421 | $306,421 | $392,084 |
| 64161 | $14,242 | $69,434 | $123,894 | $214,638 | $280,610 |
| 64165 | $249,421 | $281,724 | $304,421 | $345,052 | $362,026 |
| 64166 | $200,263 | $241,066 | $280,552 | $333,500 | $463,395 |
| 64167 | $229,926 | $301,066 | $363,158 | $438,724 | $522,132 |
Source: Ownwell
Property Tax Bills Across Kansas City, Clay County, Missouri
In Kansas City, Clay County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value. For instance, if the median home price is $193,789, the assessed value would be a fraction of this amount. Property tax rates are then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, the local tax rate, and any applicable exemptions. In Kansas City, the tax bills can vary significantly. For example, the 25th percentile tax bill is around $1,882, while the 75th percentile tax bill reaches approximately $3,895. At the 90th percentile, homeowners might see a tax bill as high as $5,466. Homeowners in zip code 64156 face the highest median tax bill at $4,687, whereas those in zip code 64133 enjoy the lowest median tax bill at $844. Compared to the national median property tax rate of 0.99%, Kansas City's property taxes can present a substantial financial consideration for homeowners.
Average Kansas City Tax Bill
$2,644
Average Clay County Tax Bill
$2,651
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Kansas City, Clay County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64113 | N/A | N/A | N/A | N/A | N/A |
| 64116 | $1,173 | $1,492 | $2,132 | $3,516 | $4,958 |
| 64117 | $1,141 | $1,440 | $1,751 | $2,089 | $2,480 |
| 64118 | $1,360 | $1,734 | $2,213 | $2,797 | $3,582 |
| 64119 | $1,362 | $1,686 | $2,208 | $3,238 | $4,411 |
| 64128 | N/A | N/A | N/A | N/A | N/A |
| 64130 | N/A | N/A | N/A | N/A | N/A |
| 64131 | N/A | N/A | N/A | N/A | N/A |
| 64133 | N/A | N/A | N/A | N/A | N/A |
| 64138 | N/A | N/A | N/A | N/A | N/A |
| 64151 | N/A | N/A | N/A | N/A | N/A |
| 64155 | $2,074 | $2,511 | $3,136 | $4,256 | $5,898 |
| 64156 | $2,755 | $3,517 | $4,687 | $5,648 | $6,489 |
| 64157 | $2,743 | $3,310 | $4,414 | $5,964 | $7,339 |
| 64158 | $2,698 | $3,346 | $3,900 | $4,511 | $5,707 |
| 64161 | $208 | $937 | $1,902 | $3,265 | $4,249 |
| 64165 | $3,086 | $3,485 | $3,738 | $4,220 | $4,410 |
| 64166 | $2,216 | $2,812 | $3,460 | $4,007 | $5,126 |
| 64167 | $2,610 | $3,481 | $4,270 | $5,136 | $6,194 |
Source: Ownwell