Osawatomie, Franklin County, Kansas Property Taxes

Name: Property Tax Bills Across Osawatomie, Franklin County, Kansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Osawatomie, KS effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median Osawatomie, KS home value: $185,110
Median annual Osawatomie, KS tax bill: $2,393, $7 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

Property taxes in Osawatomie, 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 Osawatomie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Osawatomie, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Osawatomie, Franklin County, Kansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$2,369

$2,199

Ownwell’s Osawatomie Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Osawatomie with just two data points. By entering your property's estimated assessed value, our calculator applies Osawatomie’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Franklin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Osawatomie, Franklin County, Kansas

Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the process followed annually.

In Osawatomie, located in Miami County, KS, the effective property tax rate can be compared to other cities within Kansas and the broader U.S. median. The median property tax rate in Kansas is higher than the national median rate of 1.02%. Despite the variations in rates across different areas, the process remains consistent—ensuring that local governments have the necessary funds to maintain public services. Comparing tax rates in Osawatomie to those in other regions provides valuable insights for property owners. Understanding these variations can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Osawatomie, Franklin County, Kansas

Source: Ownwell

1.28%

1.57%

1.86%

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 Osawatomie Tax Rate

1.28%

Median Effective Franklin County Tax Rate

1.76%

Median Effective Kansas Tax Rate

1.43%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Osawatomie, Franklin County, Kansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
66064	1.24%	1.25%	1.28%	1.33%	1.41%

Source: Ownwell

Property Tax Assessment Values Across Osawatomie, Franklin County, Kansas

When examining property taxes in Osawatomie, 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 Franklin 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 Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Osawatomie. For example, the median home price in Osawatomie is $185,110, with tax bills ranging significantly across the county. Zip code 66064 has the highest median home price at $185,110.

Property Tax Assessment Values Across Osawatomie, Franklin County, Kansas

Source: Ownwell

$100,430

$193,985

$287,540

Median Osawatomie Market Value

$185,110

Median Franklin County Market Value

$165,700

Median Kansas Market Value

$156,260

Median United States Market Value

$235,294

Property Tax Assessment Values Across Osawatomie, Franklin County, Kansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
66064	$70,176	$129,540	$185,110	$246,320	$328,328

Source: Ownwell

Property Tax Bills Across Osawatomie, Franklin County, Kansas

In Osawatomie, Franklin County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $185,110, homeowners in this region face property tax bills that can vary significantly. The 25th percentile tax bill stands at $1,774, while the 75th percentile reaches $3,206, and the 90th percentile climbs to $4,458. Compared to the national median property tax bill of $2,400, Osawatomie's tax bills can be relatively high or low, depending on the property's assessed value and location. Ownwell can assist homeowners by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions. By appealing these assessments, Ownwell helps homeowners reduce their tax bills, ensuring they only pay their fair share. This service can provide significant savings, especially for those at the higher end of the tax spectrum.

Property Tax Bills Across Osawatomie, Franklin County, Kansas

Source: Ownwell

$1,331

$2,662

$3,992

Median Osawatomie Tax Bill

$2,393

Median Franklin County Tax Bill

$2,728

Median Kansas Tax Bill

$2,595

Median United States Tax Bill

$2,400

Property Tax Bills Across Osawatomie, Franklin County, Kansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
66064	$1,326	$1,774	$2,393	$3,206	$4,458

Source: Ownwell