Geneseo, Rice County, Kansas Property Taxes

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

Median Geneseo, KS effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median Geneseo, KS home value: $21,505
Median annual Geneseo, KS tax bill: $392, $2,008 lower than the national median property tax bill of $2,400.

How are property taxes in Rice County calculated?

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

Last Updated March 1, 2025

Geneseo, Rice County, Kansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.76%

Estimate Property Tax Bill

$378

$351

Ownwell’s Geneseo Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Geneseo with just two data points.

By entering your property's estimated assessed value, our calculator applies Geneseo’s 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 Rice County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Geneseo, Rice County, Kansas

Local government entities set property tax rates, which can vary significantly even within the same state. The annual process involves each county estimating its required budget to provide essential services and then dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual procedure. In Geneseo, located in Rice County, Kansas, the effective property tax rate stands out when compared to other cities in Kansas. The median property tax rate in Kansas is notably higher than the national median of 1.02%. This comparison highlights how property tax rates can vary not just within a state but also on a national level. Understanding these variations can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Geneseo, Rice County, Kansas

Source: Ownwell

1.14%

1.57%

2.00%

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 Geneseo Tax Rate

1.76%

Median Effective Rice County Tax Rate

1.62%

Median Effective Kansas Tax Rate

1.43%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Geneseo, Rice County, Kansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
67444	1.20%	1.44%	1.76%	1.91%	2.66%

Source: Ownwell

Property Tax Assessment Values Across Geneseo, Rice County, Kansas

When examining property taxes in Geneseo, 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 Rice 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 Rice 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 Geneseo. For example, the median home price in Geneseo is $21,505, with tax bills ranging significantly across the county. Zip code 67444 has the highest median home price at $21,505.

Property Tax Assessment Values Across Geneseo, Rice County, Kansas

Source: Ownwell

$21,505

$93,993

$166,480

Median Geneseo Market Value

$21,505

Median Rice County Market Value

$67,595

Median Kansas Market Value

$156,260

Median United States Market Value

$235,294

Property Tax Assessment Values Across Geneseo, Rice County, Kansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
67444	$1,590	$5,350	$21,505	$57,230	$121,158

Source: Ownwell

Property Tax Bills Across Geneseo, Rice County, Kansas

In Geneseo, Rice County, KS, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. For homeowners, understanding how these bills are determined is crucial. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. The local tax rate is set by various taxing authorities, including school districts and local governments. In Geneseo, the median property tax bill is significantly lower than the national median of $2,400, with the highest median tax bill recorded at just $392. This suggests that homeowners in Geneseo generally enjoy lower property tax burdens compared to other regions. However, even within this lower range, there are opportunities for savings. Ownwell can assist homeowners by identifying potential discrepancies in assessed values and ensuring all eligible exemptions are applied. By leveraging our expertise, homeowners can potentially reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Geneseo, Rice County, Kansas

Source: Ownwell

$392

$1,689

$2,985

Median Geneseo Tax Bill

$392

Median Rice County Tax Bill

$1,047

Median Kansas Tax Bill

$2,595

Median United States Tax Bill

$2,400

Property Tax Bills Across Geneseo, Rice County, Kansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
67444	$30	$89	$392	$819	$1,877

Source: Ownwell