66223 Property Tax Rate

Property owners in ZIP code 66223 (Overland Park, Kansas) pay a median of $4,696/year in property taxes on homes valued at $402,500. This translates to an effective tax rate of 1.17%, which is 19% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 66223 is approximately $391, which factors into escrow payments on mortgages. This ZIP code is located within Johnson County. This is $2,691 more than the Kansas average of $2,005/year.

Compared to similar ZIP codes in Kansas, 66223 has lower property taxes. ZIP codes with similar effective rates include 67631 (1.17%) and 67764 (1.17%).

In Overland Park, property taxes represent approximately 4.1% of the median household income of $113,707, providing context for the relative tax burden on homeowners in this area.

Kansas reassesses all properties annually at market value with no state cap; Johnson County Appraiser will value your home each year. Johnson County offers a Homestead Property Tax Exemption for owner-occupied homes and a Senior Citizen Exemption (65+) — file your application with the Johnson County Appraiser to reduce your taxable value. Submit your exemption claim before the county's filing deadline to ensure savings on your first assessment.