Little River, Rice County, Kansas Property Taxes
Median Little River, KS effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median Little River, KS home value: $95,480
Median annual Little River, KS tax bill: $1,645, $755 lower than the national median property tax bill of $2,400.
How are property taxes in Rice calculated?
Property taxes in Little River, 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 Little River’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Little River, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Little River, Rice County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.84%
Estimate Property Tax Bill
$1,907
$1,770
Property Tax Rates Across Little River, Rice County, Kansas
Local government entities are responsible for setting tax rates, and these can vary significantly within a state. The process involves each county estimating its required budget to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially how the annual process unfolds.
In Little River, located in Rice County, Kansas, the effective property tax rate stands at 1.67%. When compared to the national median property tax rate of 1.02%, Little River's rate is notably higher. This difference highlights the variability of tax rates not only across the country but even within the state itself. The median property tax bill in Little River reflects this higher rate, surpassing the national median of $2400. Understanding these differences is crucial for property owners, as it directly impacts their financial planning and obligations.
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 Little River Tax Rate
1.84%
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 Rice County Tax Rate
1.80%
Median Effective Kansas Tax Rate
1.40%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Little River, Rice County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67457 | 1.56% | 1.72% | 1.84% | 1.94% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Little River, Rice County, Kansas
When examining property taxes in Little River, 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.
Assessment notices:
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 Little River.
For example, the median home price in Little River is $95,480, with tax bills ranging significantly across the county. Zip code 67457 has the highest median home price at $95,480.
Property Tax Assessment Values Across Little River, Rice County, Kansas
Source: Ownwell
$22,330
$100,353
$178,375
Median Little River Market Value
$103,660
Median Rice County Market Value
$73,170
Median Kansas Market Value
$179,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Little River, Rice County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67457 | $19,246 | $44,595 | $103,660 | $186,945 | $251,612 |
Source: Ownwell
Property Tax Bills Across Little River, Rice County, Kansas
In Little River, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, improvements, and local government budgets influence the assessed value. Homeowners in Little River face a median property tax bill of $1,645, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $668 and the 90th percentile reaching $4,635.
These taxes can place a considerable financial burden on homeowners, impacting their overall housing costs. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay their fair share. This can lead to significant savings and alleviate financial stress for homeowners in Little River.
Median Little River Tax Bill
$1,847
Median Rice County Tax Bill
$1,221
Median Kansas Tax Bill
$2,552
Median United States Tax Bill
$2,400
Property Tax Bills Across Little River, Rice County, Kansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 67457 | $362 | $792 | $1,847 | $3,354 | $4,776 |
Source: Ownwell