Mc Louth, Jefferson County, Kansas Property Taxes
Median MC Louth, KS effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median MC Louth, KS home value: $199,000
Median annual MC Louth, KS tax bill: $2,413, $13 higher than the national median property tax bill of $2,400.
How are property taxes in Jefferson calculated?
Property taxes in MC Louth, 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 MC Louth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MC Louth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mc Louth, Jefferson County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.18%
Estimate Property Tax Bill
$2,348
$2,179
Property Tax Rates Across Mc Louth, Jefferson County, Kansas
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the basic annual process.
In Mc Louth, located in Jefferson County, Kansas, the effective property tax rate reflects this process. Compared to other cities in Kansas, Mc Louth's rate is aligned with the state median, which is slightly above the national median property tax rate of 1.02%. While many factors influence these rates, understanding the local budgeting process can provide insight into why property taxes fluctuate and how they compare to national figures. By analyzing these rates, homeowners can better comprehend their property tax bills and the factors that contribute to their calculation.
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 Mc Louth Tax Rate
1.18%
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 Jefferson County Tax Rate
1.23%
Median Effective Kansas Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mc Louth, Jefferson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66054 | 0.93% | 1.06% | 1.18% | 1.35% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Mc Louth, Jefferson County, Kansas
When examining property taxes in MC LOUTH, KS, 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 Jefferson 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 Jefferson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 MC LOUTH.
For example, the median home price in MC LOUTH is $199,000, with tax bills ranging significantly across the county. Zip code 66054 has the highest median home price at $199,000.
Property Tax Assessment Values Across Mc Louth, Jefferson County, Kansas
Source: Ownwell
$118,115
$194,253
$270,390
Median Mc Louth Market Value
$199,000
Median Jefferson County Market Value
$183,070
Median Kansas Market Value
$156,260
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mc Louth, Jefferson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66054 | $100,124 | $145,500 | $199,000 | $272,820 | $348,562 |
Source: Ownwell
Property Tax Bills Across Mc Louth, Jefferson County, Kansas
In Mc Louth, Jefferson County, KS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as property location, size, and improvements can influence the assessed value. For homeowners in Mc Louth, the median property tax bill ranges significantly, with the 25th percentile at $1,764 and the 90th percentile reaching $3,907. Compared to the national median property tax bill of $2,400, Mc Louth's property tax bills can vary widely, affecting homeowners' financial planning.
Ownwell offers valuable services to help homeowners in Mc Louth reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell identifies potential savings and ensures homeowners are not overpaying. With a deep understanding of local tax regulations, Ownwell can effectively challenge assessments, potentially lowering tax obligations and providing financial relief to homeowners.
Median Mc Louth Tax Bill
$2,413
Median Jefferson County Tax Bill
$2,300
Median Kansas Tax Bill
$2,595
Median United States Tax Bill
$2,400
Property Tax Bills Across Mc Louth, Jefferson County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66054 | $1,181 | $1,764 | $2,413 | $3,084 | $3,907 |
Source: Ownwell