Homes, commercial real property and certain other property categories are appraised at "market value" as of the first day of January each year. Market value is the amount of money a well-informed buyer would pay and a well-informed seller would accept for property in an open and competitive market without any outside influence. Land devoted to agricultural use, light passenger motor vehicles, and commercial and industrial machinery and equipment are appraised using a value based method, however it is not "market value". 

1. Looking at your notice of value, find the "appraised value" of your property. Multiply the appraised value by the "assessment percentage" for your property.
   __________ (appraised value) times _______% (assessment percentage) = assessed value
2. Multiply the assessed value by your "mill levy" and then divide by 1,000 to estimate the property tax you owe.
   _________ (assessed value) times ________ (mill levy) divided by 1,000 = taxbill
   Assessment Rates are as follows:
   Residential = 11.5%
   Farm Home Site = 11.5%
   Ag Land = 30%
   AG Building = 25%
   Vacant Lot = 12%
   Not for Profit = 12%
   Commercial and Industrial = 25%
   Other = 30%
   

County mill levy information
If you know your taxing unit click the above link for mill levy information.

If you do not know your taxing unit check your most recent tax statement or call the Pottawatomie County Appraiser's Office at 785-457-3500 for assistance.