66554 Property Tax Rate

Property owners in ZIP code 66554 (Randolph, Kansas) pay a median of $2,722/year in property taxes on homes valued at $240,500. This translates to an effective tax rate of 1.13%, which is 21% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 66554 is approximately $227, which factors into escrow payments on mortgages. This ZIP code is located within Riley County. This is $717 more than the Kansas average of $2,005/year.

Compared to similar ZIP codes in Kansas, 66554 has higher property taxes. ZIP codes with similar effective rates include 66221 (1.13%) and 66087 (1.13%).

In Randolph, property taxes represent approximately 2.9% of the median household income of $92,644, providing context for the relative tax burden on homeowners in this area.

Kansas assesses property at 12% of fair market value with no cap on reassessment at sale, meaning your tax bill adjusts to current market conditions when you purchase. Riley County offers a Homestead Property Tax Exemption for primary residences and a Senior Homestead Exemption for owners 65+ — contact the Riley County Appraiser's office to file before the January 1 assessment deadline. File your exemption application immediately after closing to ensure it applies to your first tax bill.