Kansas, Ohio Property Taxes
The median property tax rate in Kansas, OH is 1.41%, which is notably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $99,370 in Kansas, the typical annual property tax bill amounts to $1,335, falling below the national median of $2,690. Property taxes in Kansas are determined based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a clear understanding of Kansas's property tax system, exploring available exemptions, and identifying reduction opportunities can lead to significant yearly savings. Whether you're residing in the heart of Kansas or elsewhere in the city, comprehending the local property tax framework is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Kansas, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Kansas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kansas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kansas to provide an estimate of your property tax bill. This valuable tool offers insight into potential tax liabilities, making it easier to plan your finances. If you're interested in exploring trends at a neighborhood level, scroll down for more localized information. Remember, your property’s assessed value is the figure assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Kansas, Ohio
Property taxes in Kansas, Ohio, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kansas is 1.41%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Kansas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kansas 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's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44841 zip code has the highest median property tax rate of 1.41%, while the same zip code also has the lowest median tax rate of 1.41%. Understanding how these areas compare with Kansas provides valuable insights into the varying tax landscape across Seneca County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kansas Tax Rate
1.41%
Average Seneca County Tax Rate
1.43%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kansas, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44841 | 0.90% | 1.16% | 1.41% | 1.46% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Kansas, Ohio
In Kansas, Ohio, 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 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, 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. The median home price in Kansas is $99,370, with tax bills ranging from $978 at the 25th percentile to $2,641 at the 90th percentile. The zip code 44841 has both the highest and lowest median tax bill at $1,335. 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 Kansas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kansas Assessed Value
$99,370
Average Seneca County Assessed Value
$95,080
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kansas, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44841 | $58,248 | $72,195 | $99,370 | $140,495 | $215,082 |
Source: Ownwell
Property Tax Bills Across Kansas, Ohio
In Kansas, OH, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the final tax bill. For instance, in Seneca County, the median home price is $99,370. Homeowners can expect their tax bills to vary significantly, with the 25th percentile at $978 and the 75th percentile reaching $1,855. At the higher end, the 90th percentile tax bill can go up to $2,641. The highest median tax bill in the area is $1,335, found in the 44841 zip code. These taxes fund essential local services such as schools, infrastructure, and emergency services, which directly impact the community's quality of life. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Kansas Tax Bill
$1,335
Average Seneca County Tax Bill
$1,391
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Kansas, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44841 | $786 | $978 | $1,335 | $1,855 | $2,641 |
Source: Ownwell