66871 Property Tax Rate

Property owners in ZIP code 66871 (Waverly, Kansas) pay a median of $1,419/year in property taxes on homes valued at $123,800. This translates to an effective tax rate of 1.15%, which is 20% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 66871 is approximately $118, which factors into escrow payments on mortgages. This ZIP code is located within Coffey County. This is $586 less than the Kansas average of $2,005/year.

Compared to similar ZIP codes in Kansas, 66871 has lower property taxes. ZIP codes with similar effective rates include 66449 (1.15%) and 67732 (1.15%).

In Waverly, property taxes represent approximately 2.3% of the median household income of $61,818, 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 restrictions on upward adjustments. Coffey County offers a Homestead Property Tax Exemption reducing assessed value for primary residences and a Senior Homestead Exemption for those 65+ — submit your application to the Coffey County Appraiser by January 1 to activate benefits. Contact the appraiser's office as soon as you close to file your exemption and receive confirmation.