Wellsville, Franklin County, Kansas Property Taxes
Median Wellsville, KS effective property tax rate: 1.86%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median Wellsville, KS home value: $206,970
Median annual Wellsville, KS tax bill: $3,538, $1,138 higher than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Wellsville, 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 Wellsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wellsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wellsville, Franklin County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.77%
Estimate Property Tax Bill
$4,089
$3,795
Property Tax Rates Across Wellsville, Franklin County, Kansas
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 Wellsville Tax Rate
1.77%
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 Franklin County Tax Rate
1.67%
Median Effective Kansas Tax Rate
1.40%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wellsville, Franklin County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66092 | 1.25% | 1.28% | 1.77% | 1.82% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Wellsville, Franklin County, Kansas
When examining property taxes in Wellsville, 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 Wellsville.
For example, the median home price in Wellsville is $206,970, with tax bills ranging significantly across the county. Zip code 66092 has the highest median home price at $206,970.
Property Tax Assessment Values Across Wellsville, Franklin County, Kansas
Source: Ownwell
$108,030
$205,465
$302,900
Median Wellsville Market Value
$231,020
Median Franklin County Market Value
$184,700
Median Kansas Market Value
$179,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wellsville, Franklin County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66092 | $102,008 | $165,900 | $231,020 | $311,750 | $433,432 |
Source: Ownwell
Property Tax Bills Across Wellsville, Franklin County, Kansas
In Wellsville, located in Franklin County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price is $206,970, and the tax rate is determined by local authorities. Homeowners in Wellsville face a median property tax bill of $3,538, which is notably higher than the national median of $2,400. Factors such as the property's location, improvements, and local government budgets influence the tax rate. This higher tax burden can significantly impact homeowners' finances, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying on their property taxes. This service not only helps reduce the financial strain on homeowners but also provides peace of mind by ensuring fair and accurate property tax assessments.
Median Wellsville Tax Bill
$3,757
Median Franklin County Tax Bill
$2,918
Median Kansas Tax Bill
$2,552
Median United States Tax Bill
$2,400
Property Tax Bills Across Wellsville, Franklin County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66092 | $1,962 | $2,862 | $3,757 | $4,890 | $5,911 |
Source: Ownwell