67123 Property Tax Rate

Property owners in ZIP code 67123 (Potwin, Kansas) pay a median of $2,197/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 1.95%, which is 35% above the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 67123 is approximately $183, which factors into escrow payments on mortgages. This ZIP code is located within Butler County.

Compared to similar ZIP codes in Kansas, 67123 has higher property taxes. ZIP codes with similar effective rates include 67523 (1.95%) and 66093 (1.96%).

In Potwin, property taxes represent approximately 4.3% of the median household income of $51,371, providing context for the relative tax burden on homeowners in this area.

Kansas assesses property at 12% of fair market value and reassesses fully at purchase. Butler County provides a Homestead Property Tax Exemption for owner-occupied residences and a Senior Homestead Exemption — file with the Butler County Appraiser before January 1 to claim that year's exemption benefit. Request your exemption application form before closing to ensure you meet all filing requirements.