Gem, Thomas County, Kansas Property Taxes
Median GEM, KS effective property tax rate: 1.42%, significantly higher than the national median of 1.02%, but lower than the Kansas state median of 1.43%.
Median GEM, KS home value: $53,740
Median annual GEM, KS tax bill: $795, $1,605 lower than the national median property tax bill of $2,400.
How are property taxes in Thomas calculated?
Property taxes in GEM, 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 GEM’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in GEM, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gem, Thomas County, Kansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.42%
Estimate Property Tax Bill
$763
$708
Property Tax Rates Across Gem, Thomas County, Kansas
Local government entities determine tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In GEM, located in Thomas County, Kansas, the effective property tax rate is a crucial component of the local economy. The city’s rate stands at 1.42%, which is notably higher than the national median property tax rate of 1.02%. This means that property owners in GEM are contributing more to the local budget compared to the average American property owner. In Kansas, tax rates can differ from one city to another, but GEM's rate is consistent with the highest and lowest median tax rates in the state, both recorded at 1.42%. This positions GEM at the higher end of the spectrum when compared to other cities in the U.S., highlighting the importance of understanding and potentially appealing property tax assessments.
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 Gem Tax Rate
1.42%
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%
Median Effective Kansas Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gem, Thomas County, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67734 | 0.62% | 1.10% | 1.42% | 1.51% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Gem, Thomas County, Kansas
When examining property taxes in GEM, 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 Thomas 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 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 GEM.
For example, the median home price in GEM is $53,740, with tax bills ranging significantly across the county. ZIP code 67734 has the highest median home price at $53,740.
Property Tax Assessment Values Across Gem, Thomas County, Kansas
Source: Ownwell

$50,840
$93,515
$136,190
Median Gem Market Value
$53,740
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 Gem, Thomas County, Kansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67734 | $5,242 | $19,930 | $53,740 | $116,840 | $225,162 |
Source: Ownwell
Property Tax Bills Across Gem, Thomas County, Kansas
Median Gem Tax Bill
$795
Median Thomas County Tax Bill
$1,936
Median Kansas Tax Bill
$2,595
Median United States Tax Bill
$2,400
Property Tax Bills Across Gem, Thomas County, Kansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
67734 | $31 | $236 | $795 | $1,636 | $3,403 |
Source: Ownwell