67460 Property Tax Rate

Property owners in ZIP code 67460 (Mcpherson, Kansas) pay a median of $2,958/year in property taxes on homes valued at $211,900. This translates to an effective tax rate of 1.40%, which is 3% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 67460 is approximately $247, which factors into escrow payments on mortgages. This ZIP code is located within McPherson County. This is $953 more than the Kansas average of $2,005/year.

Compared to similar ZIP codes in Kansas, 67460 has higher property taxes. ZIP codes with similar effective rates include 67059 (1.40%) and 67701 (1.40%).

In Mcpherson, property taxes represent approximately 3.7% of the median household income of $80,091, 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.