Valley Falls, Jefferson County, Kansas Property Taxes

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

Median Valley Falls, KS effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%. Median Valley Falls, KS home value: $161,730. Median annual Valley Falls, KS tax bill: $2,214, $186 lower than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

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

Last Updated March 1, 2025

Valley Falls, Jefferson County, Kansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$2,248

$2,086

Ownwell’s Valley Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Valley Falls with just two data points. By entering your property's estimated assessed value, our calculator applies Valley Falls' 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 Jefferson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Valley Falls, Jefferson County, Kansas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Valley Falls, located in Jefferson County, KS, the effective property tax rate is notably higher than the national median of 1.02%. This means homeowners in Valley Falls may experience higher property tax bills compared to the national average. However, when compared to other cities within Kansas, Valley Falls' tax rate aligns with the state median. Understanding these rates can be crucial for homeowners looking to manage their expenses effectively. By comparing Valley Falls' effective property tax rate to other cities in Kansas and the median property tax rates in Kansas and the U.S., homeowners can gain valuable insights into their property tax obligations.

Property Tax Rates Across Valley Falls, Jefferson County, Kansas

Source: Ownwell

1.12%

1.32%

1.52%

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 Valley Falls Tax Rate

1.39%

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 Valley Falls, Jefferson County, Kansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
66088	1.09%	1.20%	1.39%	1.52%	1.66%

Source: Ownwell

Property Tax Assessment Values Across Valley Falls, Jefferson County, Kansas

When examining property taxes in Valley Falls, 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. Assessment notices: In Jefferson 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 Valley Falls. For example, the median home price in Valley Falls is $161,730, with tax bills ranging significantly across the county. 66088 has the highest median home price at $161,730.

Property Tax Assessment Values Across Valley Falls, Jefferson County, Kansas

Source: Ownwell

$118,115

$194,253

$270,390

Median Valley Falls Market Value

$161,730

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 Valley Falls, Jefferson County, Kansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
66088	$78,610	$117,750	$161,730	$225,575	$305,966

Source: Ownwell

Property Tax Bills Across Valley Falls, Jefferson County, Kansas

In Valley Falls, located in Jefferson County, KS, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Valley Falls is $161,730, and the property tax rate in Jefferson County is applied to this value to calculate the tax bill. The tax bill can vary significantly, with the 25th percentile at $1,529 and the 90th percentile reaching $4,220. This variation is influenced by factors such as property size, location, and improvements, which can lead to higher assessed values and, consequently, higher tax bills. Compared to the national median property tax bill of $2,400, Valley Falls homeowners may find their tax obligations to be relatively manageable. However, understanding and navigating these assessments can be complex. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax burdens. By analyzing individual property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Valley Falls, Jefferson County, Kansas

Source: Ownwell

$1,476

$2,178

$2,880

Median Valley Falls Tax Bill

$2,214

Median Jefferson County Tax Bill

$2,300

Median Kansas Tax Bill

$2,595

Median United States Tax Bill

$2,400

Property Tax Bills Across Valley Falls, Jefferson County, Kansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
66088	$946	$1,529	$2,214	$3,041	$4,220

Source: Ownwell