67487 Property Tax Rate

Property owners in ZIP code 67487 (Wakefield, Kansas) pay a median of $2,179/year in property taxes on homes valued at $174,800. This translates to an effective tax rate of 1.25%, which is 14% below the Kansas state average of 1.44%.

The monthly property tax burden for a median-valued home in 67487 is approximately $182, which factors into escrow payments on mortgages. This ZIP code is located within Clay County.

Compared to similar ZIP codes in Kansas, 67487 has lower property taxes. ZIP codes with similar effective rates include 66439 (1.25%) and 66527 (1.25%).

In Wakefield, property taxes represent approximately 3.3% of the median household income of $65,402, providing context for the relative tax burden on homeowners in this area.

Kansas has no statewide property tax cap; Clay County revalues property every four years, and your home will be reassessed to current market value at purchase. Contact the Clay County Appraiser to file for the Homestead Property Tax Exemption (available to homeowners 65+ or disabled) or verify your exemption status within 30 days of closing. Review your tax notice for the county assessor's appeal deadline, typically 30 days from notice date.