Hope, Marion County, Kansas Property Taxes
Median Hope, KS effective property tax rate: 2.39%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median Hope, KS home value: $63,735
Median annual Hope, KS tax bill: $1,441, $959 lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in Hope, 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 Hope’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hope, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hope, Marion County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.36%
Estimate Property Tax Bill
$1,600
$1,485
Property Tax Rates Across Hope, Marion County, Kansas
Local government entities determine tax rates, leading to significant variations within a state. Each year, counties estimate the budget needed to fund essential services and divide it by the total assessed value of all taxable property in their jurisdiction, resulting in the property tax rate. Although votes and laws influence tax rates and budgets, this is the core of the annual process.
In Hope, located in Marion County, Kansas, the effective property tax rate is notably higher than both the state and national averages. Kansas's median property tax rate stands at 2.39%, significantly surpassing the national median of 1.02%. Consequently, property owners in Hope face higher tax bills compared to many other parts of the country.
Understanding these rates can be crucial for property owners looking to manage their expenses effectively. By comparing Hope's property tax rate to other cities in Kansas and across the U.S., property owners can gain insights into potential savings through appeals or exemptions.
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 Hope Tax Rate
2.36%
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 Marion County Tax Rate
2.12%
Median Effective Kansas Tax Rate
1.40%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hope, Marion County, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67451 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hope, Marion County, Kansas
When examining property taxes in Hope, 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 Marion 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 Marion 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 Hope. For example, the median home price in Hope is $63,735, with tax bills ranging significantly across the county. The tax bill for the 90th percentile is $1,677, which is below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Hope, Marion County, Kansas
Source: Ownwell
$30,480
$103,590
$176,700
Median Hope Market Value
$67,810
Median Marion County Market Value
$85,550
Median Kansas Market Value
$179,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hope, Marion County, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67451 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hope, Marion County, Kansas
Median Hope Tax Bill
$1,502
Median Marion County Tax Bill
$1,746
Median Kansas Tax Bill
$2,552
Median United States Tax Bill
$2,400
Property Tax Bills Across Hope, Marion County, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67451 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell