Towanda, Butler County, Kansas Property Taxes
Median Towanda, KS effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median Towanda, KS home value: $177,345
Median annual Towanda, KS tax bill: $2,205, $195 lower than the national median property tax bill of $2,400.
How are property taxes in Butler calculated?
Property taxes in Towanda, KS are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Towanda’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Towanda, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Towanda, Butler County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$2,235
$2,074
Property Tax Rates Across Towanda, Butler County, Kansas
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually calculates its budgetary needs for public services and divides this by the total value of all taxable property within its jurisdiction. This process establishes the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is essentially the annual procedure.
In Towanda, located in Butler County, Kansas, the effective property tax rate offers an insightful comparison to other cities in Kansas and the national median. With Kansas's median property tax rate at 1.26%, Towanda stands out when compared to the national median of 1.02%. This highlights how property tax rates can fluctuate not just from state to state but also within different regions of the same state. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively. Comparing Towanda’s tax rate to the broader state and national figures provides valuable context for residents and potential property buyers in the area.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Towanda Tax Rate
1.26%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Butler County Tax Rate
1.35%
Median Effective Kansas Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Towanda, Butler County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67144 | 0.98% | 1.11% | 1.26% | 1.51% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Towanda, Butler County, Kansas
When examining property taxes in Towanda, Kansas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Butler County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Butler County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Towanda.
For example, the median home price in Towanda is $177,345, with tax bills ranging significantly across the county. Zip code 67144 has the highest median home price at $177,345.
Property Tax Assessment Values Across Towanda, Butler County, Kansas
Source: Ownwell
$41,010
$237,125
$433,240
Median Towanda Market Value
$177,345
Median Butler County Market Value
$188,800
Median Kansas Market Value
$156,260
Median United States Market Value
$235,294
Property Tax Assessment Values Across Towanda, Butler County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67144 | $67,335 | $103,750 | $177,345 | $301,550 | $421,800 |
Source: Ownwell
Property Tax Bills Across Towanda, Butler County, Kansas
Median Towanda Tax Bill
$2,205
Median Butler County Tax Bill
$2,390
Median Kansas Tax Bill
$2,595
Median United States Tax Bill
$2,400
Property Tax Bills Across Towanda, Butler County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67144 | $888 | $1,398 | $2,205 | $3,603 | $4,902 |
Source: Ownwell