Sherman County, Kansas Property Taxes

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

Median Sherman County effective property tax rate: 1.56%, significantly higher than the national median of 1.02%.
Median Sherman County home value: $93,120
Median annual Sherman County tax bill: $1,436, $964 lower than the national median property tax bill of $2,400.

How are property taxes in Sherman County calculated?

Property taxes in Sherman County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Goodland or another part of Sherman County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sherman County, Kansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.56%

Estimate Property Tax Bill

$1,453

$1,348

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

Property Tax Rates Across Sherman County, Kansas

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. Sherman County's effective property tax rate is 1.56%, which is significantly higher than the national median property tax rate of 1.02%. Within Kansas, Sherman County's rate is close to the lowest median tax rate of 1.54% found in Goodland but considerably lower than the highest median tax rate of 2.24% in Kanorado. This comparison highlights the diversity in tax rates within the state and underscores the importance of understanding local tax obligations.

Property Tax Rates Across Sherman County, Kansas

Source: Ownwell

1.54%

1.89%

2.24%

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 Sherman County Tax Rate

1.56%

Median Effective Kansas Tax Rate

1.43%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sherman County, Kansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Brewster	1.18%	1.50%	2.07%	2.84%	3.73%
Edson	1.09%	1.26%	1.64%	2.69%	3.59%
Goodland	1.09%	1.30%	1.54%	1.74%	1.98%
Kanorado	1.35%	1.77%	2.24%	2.61%	3.94%

Source: Ownwell

Property Tax Assessment Values Across Sherman County, Kansas

When examining property taxes in Sherman County, 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 Sherman 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 Sherman 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 Sherman County. For example, the median tax bill in Sherman County is $2,418, with tax bills ranging significantly across the county. Brewster has the highest median home price at $148,170.

Property Tax Assessment Values Across Sherman County, Kansas

Source: Ownwell

$44,955

$96,563

$148,170

Median Sherman County Market Value

$93,120

Median Kansas Market Value

$156,260

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sherman County, Kansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Brewster	$70,340	$84,205	$148,170	$255,635	$334,350
Edson	$11,906	$41,120	$122,440	$216,930	$271,340
Goodland	$25,120	$55,210	$96,600	$163,480	$240,114
Kanorado	$5,943	$18,620	$44,955	$86,715	$152,255

Source: Ownwell

Property Tax Bills Across Sherman County, Kansas

In Sherman County, Kansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the tax bill, including the home's location, size, and any applicable exemptions. Homeowners in Sherman County experience a range of tax bills. The 25th percentile tax bill is $749, while the 75th percentile reaches $2,418. For those at the higher end, the 90th percentile tax bill is $3,582.

This variability means that homeowners in different parts of the county can have significantly different tax obligations. For instance, Brewster boasts the highest median tax bill at $2,867, whereas Kanorado has the lowest at $931. Compared to the national median property tax bill of $2,400, Sherman County's tax bills can be both more and less burdensome, depending on the specific location and property characteristics. These differences highlight the importance of understanding local tax assessments and rates for homeowners.

Property Tax Bills Across Sherman County, Kansas

Source: Ownwell

$931

$1,899

$2,867

Median Sherman County Tax Bill

$1,436

Median Kansas Tax Bill

$2,595

Median United States Tax Bill

$2,400

Property Tax Bills Across Sherman County, Kansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Brewster	$1,021	$1,416	$2,867	$6,654	$8,789
Edson	$195	$778	$1,699	$3,062	$6,758
Goodland	$395	$773	$1,457	$2,404	$3,503
Kanorado	$162	$400	$931	$1,713	$3,590

Source: Ownwell