66740 Property Tax Rate

Property owners in ZIP code 66740 (Galesburg, Kansas) pay a median of $1,900/year in property taxes on homes valued at $214,300. This translates to an effective tax rate of 0.89%, which is 38% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 66740 is approximately $158, which factors into escrow payments on mortgages. This ZIP code is located within Neosho County.

Compared to similar ZIP codes in Kansas, 66740 has higher property taxes. ZIP codes with similar effective rates include 66520 (0.89%) and 66780 (0.88%).

In Galesburg, property taxes represent approximately 3.4% of the median household income of $55,139, providing context for the relative tax burden on homeowners in this area.

Kansas property reassesses at 12% of fair market value upon sale with no growth cap. Neosho County offers a Homestead Property Tax Exemption for owner-occupied homes and a Senior Homestead Exemption for those 65+ — file with the Neosho County Appraiser by January 1 to ensure the exemption applies to your first year as owner. Request exemption details from the appraiser's office before your closing date.