Property Tax & Income in Wallace County, Kansas
Wallace County has an effective property tax rate of 1.34%. On the median home value of $105,000, that's roughly $1,405 per year. Median household income is $63,207.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Wallace County | Kansas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.34% | 1.51% |
| Median home value1 | $105,000 | — |
| State income tax3 | top rate 5.58% | top rate 5.58% |
| State sales tax3 | 8.71% combined | 8.71% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Wallace County, KS
Property owners in Wallace County, Kansas, pay an effective rate of 1.338%, which sits below the statewide median of 1.506%. Among Kansas's 105 counties, this one ranks 80th by rate, placing it in the lower third for the state. The gap with the national median of 0.794% runs the other way, though: taxes here claim a noticeably larger share of property value than the country as a whole. On a median home value of $105,000, that rate yields an annual bill of about $1,405. Households in the county earn a median of $63,207, with per-capita income at $39,058. Sharon Springs, the principal town, anchors a county where property taxes land below the Kansas norm but well above what most American homeowners face.