Thomas County, Kansas Property Taxes
Median Thomas County effective property tax rate: 1.59%, significantly higher than the national median of 1.02%.
Median Thomas County home value: $124,550
Median annual Thomas County tax bill: $1,936, $464 lower than the national median property tax bill of $2,400.
How are property taxes in Thomas County calculated?
Property taxes in Thomas 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 Colby or another part of Thomas County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Thomas County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.59%
Estimate Property Tax Bill
$1,980
$1,838
Property Tax Rates Across Thomas County, Kansas
Local government entities determine tax rates, which can vary significantly within a state. Annually, each county estimates the budget required to provide essential services and divides 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 these rates and budgets, this is essentially the annual process.
Thomas County in Kansas has an effective property tax rate that can be compared to other counties in the state or the national median property tax rate of 1.02%. Within Kansas, Brewster has the highest median tax rate at 1.88%, while Gem boasts the lowest at 1.42%. Thomas County's rate falls within this spectrum, illustrating the diversity in property tax rates across the state. Understanding how your county's rate compares to others can provide valuable insight into your property tax obligations and potential savings. This comparison can also help homeowners make informed decisions about property investments and financial planning.
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 Thomas County Tax Rate
1.59%
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 Kansas Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Thomas County, Kansas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brewster | 1.16% | 1.51% | 1.88% | 2.01% | 2.35% |
Colby | 1.26% | 1.49% | 1.59% | 1.64% | 1.69% |
Gem | 0.62% | 1.10% | 1.42% | 1.51% | 1.75% |
Levant | 0.83% | 1.13% | 1.48% | 1.73% | 2.62% |
Rexford | 0.98% | 1.24% | 1.55% | 1.65% | 1.95% |
Menlo | N/A | N/A | N/A | N/A | N/A |
Monument | N/A | N/A | N/A | N/A | N/A |
Oakley | N/A | N/A | N/A | N/A | N/A |
Selden | N/A | N/A | N/A | N/A | N/A |
Winona | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Thomas County, Kansas
When examining property taxes in Thomas 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 Thomas County Appraiser's Office 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 Thomas 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 Thomas County.
For example, the median tax bill in Thomas County is $2,099, with tax bills ranging significantly across the county. Colby has the highest median home price at $136,190.
Median Thomas County Market Value
$124,550
Median Kansas Market Value
$156,260
Median United States Market Value
$235,294
Property Tax Assessment Values Across Thomas County, Kansas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brewster | $21,370 | $38,190 | $78,250 | $154,080 | $235,190 |
Colby | $50,112 | $85,100 | $136,190 | $192,005 | $297,000 |
Gem | $5,242 | $19,930 | $53,740 | $116,840 | $225,162 |
Levant | $5,994 | $18,575 | $70,385 | $146,115 | $227,838 |
Rexford | $9,354 | $21,840 | $50,840 | $109,332 | $210,566 |
Menlo | N/A | N/A | N/A | N/A | N/A |
Monument | N/A | N/A | N/A | N/A | N/A |
Oakley | N/A | N/A | N/A | N/A | N/A |
Selden | N/A | N/A | N/A | N/A | N/A |
Winona | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Thomas County, Kansas
Median Thomas County Tax Bill
$1,936
Median Kansas Tax Bill
$2,595
Median United States Tax Bill
$2,400
Property Tax Bills Across Thomas County, Kansas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brewster | $322 | $703 | $1,348 | $2,555 | $4,025 |
Colby | $752 | $1,332 | $2,099 | $2,987 | $4,382 |
Gem | $31 | $236 | $795 | $1,636 | $3,403 |
Levant | $52 | $259 | $1,116 | $2,539 | $4,103 |
Rexford | $94 | $317 | $766 | $1,580 | $3,332 |
Menlo | N/A | N/A | N/A | N/A | N/A |
Monument | N/A | N/A | N/A | N/A | N/A |
Oakley | N/A | N/A | N/A | N/A | N/A |
Selden | N/A | N/A | N/A | N/A | N/A |
Winona | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell