Louisburg, Miami County, Kansas Property Taxes
Median LOUISBURG, KS effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median LOUISBURG, KS home value: $337,500
Median annual LOUISBURG, KS tax bill: $3,632, $1,232 higher than the national median property tax bill of $2,400.
How are property taxes in Miami calculated?
Property taxes in LOUISBURG, 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 LOUISBURG’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LOUISBURG, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Louisburg, Miami County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$3,578
$3,320
Property Tax Rates Across Louisburg, Miami County, Kansas
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county annually estimates the budget necessary to provide services and then divides that by the total value of all taxable property in its area. This calculation results in the property tax rate. Votes and laws play a role in setting tax rates and budgets, but this is the basic annual process.
In Louisburg, within Miami County, the effective property tax rate is 1.06%, which is slightly above the national median of 1.02%. This rate is consistent across the region, as Miami County also has a median tax rate of 1.06%. When compared to other cities in Kansas, Louisburg's tax rate is quite typical, reflecting the state's approach to balancing tax revenue with public service needs. The median property tax rate in Kansas aligns closely with the national average, suggesting a stable tax environment for homeowners. Understanding these rates can help property owners make informed decisions about their investments and potential tax liabilities.
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 Louisburg Tax Rate
1.06%
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 Miami County Tax Rate
1.07%
Median Effective Kansas Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Louisburg, Miami County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66053 | 0.90% | 0.95% | 1.06% | 1.13% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Louisburg, Miami County, Kansas
When examining property taxes in Louisburg, 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 Miami 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 Miami 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 Louisburg. For example, the median home price in Louisburg is $337,500, with tax bills ranging significantly across the county. Zip code 66053 has the highest median home price at $337,500.
Property Tax Assessment Values Across Louisburg, Miami County, Kansas
Source: Ownwell
$137,900
$316,475
$495,050
Median Louisburg Market Value
$337,500
Median Miami County Market Value
$304,800
Median Kansas Market Value
$156,260
Median United States Market Value
$235,294
Property Tax Assessment Values Across Louisburg, Miami County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66053 | $185,750 | $243,620 | $337,500 | $470,400 | $640,104 |
Source: Ownwell
Property Tax Bills Across Louisburg, Miami County, Kansas
Median Louisburg Tax Bill
$3,632
Median Miami County Tax Bill
$3,311
Median Kansas Tax Bill
$2,595
Median United States Tax Bill
$2,400
Property Tax Bills Across Louisburg, Miami County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66053 | $1,867 | $2,552 | $3,632 | $4,848 | $6,329 |
Source: Ownwell
