67107 Property Tax Rate

Property owners in ZIP code 67107 (Moundridge, Kansas) pay a median of $2,453/year in property taxes on homes valued at $185,200. This translates to an effective tax rate of 1.32%, which is 8% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 67107 is approximately $204, which factors into escrow payments on mortgages. This ZIP code is located within McPherson County. This is $448 more than the Kansas average of $2,005/year.

Compared to similar ZIP codes in Kansas, 67107 has higher property taxes. ZIP codes with similar effective rates include 67448 (1.32%) and 67511 (1.32%).

In Moundridge, property taxes represent approximately 3.4% of the median household income of $71,454, providing context for the relative tax burden on homeowners in this area.

Kansas reassesses property to market value at purchase with no state-mandated cap on future increases. McPherson County's Homestead and Senior (65+) exemptions reduce your taxable assessed value; submit your application to the McPherson County Appraiser within 30 days of closing. The McPherson County Appraiser is responsible for processing all exemption applications.