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MarketsKansasPittsburgProperty Tax Guide

Property Tax Guide: Pittsburg, KS

Updated 2026 · Based on median market data for Pittsburg, KS

Cap Rate
6.04%
Median Price
$130K
Rent/Mo
$940
1% Rule
0.72%
Fails

Property Tax Rate

The effective property tax rate in Pittsburg, KS is 1.38%. On the median home price of $130,000, that's an annual tax bill of approximately $1,794 — or $150/mo. This is roughly in line with the national average.

Tax Impact on Cash Flow

Property taxes consume 15.9% of gross rental income in Pittsburg. At 15-20% of gross rent, taxes are a significant expense that meaningfully compresses margins. Make sure to account for this in your underwriting. Without property taxes, the cap rate would be 7.42% — the 1.38% tax rate reduces it to 6.04%, a drag of 1.38 percentage points.

Tax Assessment Considerations

Property tax bills are based on assessed value, which may differ from market value. In many jurisdictions, assessed values lag behind market prices, meaning your actual tax bill after purchase could increase once the property is reassessed. In KS, check whether purchases trigger automatic reassessment — if so, budget for taxes based on your purchase price, not the seller's current bill. Also investigate whether KS offers any homestead exemptions that landlords would NOT qualify for, as this could increase your effective rate.

Strategies to Manage Tax Burden

In high-tax markets like Pittsburg, consider: (1) appealing your assessment if the property is over-valued, (2) purchasing below market value through off-market deals, which can lock in a lower assessed value, (3) factoring tax increases into your rent escalation clauses, and (4) comparing properties in adjacent jurisdictions where rates may differ.

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How Pittsburg Compares

Pittsburg vs Kansas state average and national average across key investment metrics. Pittsburg outperforms both benchmarks on cap rate.

Metric
Pittsburg
Kansas Avg
National Avg
Cap Rate
6.04%
3.83%
3.81%
Median Price
$130K
$212K
$333K
Median Rent
$940
$1,076
$1,524
Property Tax
1.38%
1.38%
1.08%
Vacancy
5.3%
5.3%
5.6%
Pop. Growth
0.7%/yr
0.7%/yr
0.9%/yr

Nearby Midwest Markets

City
Cap Rate
Price
Rent
Tax
Pittsburg, KS
6.0%
$130K
$940
1.38%
Jacksonville, IL
5.2%
$125K
$890
2.06%
Burlington, IA
4.7%
$140K
$870
1.51%
Decatur, IL
7.7%
$120K
$1,120
2.06%
Great Bend, KS
5.5%
$120K
$810
1.38%

Frequently Asked Questions

What is the property tax rate in Pittsburg, KS?
The effective property tax rate in Pittsburg is 1.38%. On the median home price of $130,000, that equals $1,794/year or $150/month. This is above the national average of 1.08%, representing a significant operating expense.
How do Pittsburg property taxes compare to Kansas?
Pittsburg's 1.38% rate is in line with the Kansas average of 1.38%. Kansas's average is above the 1.08% national average — factor this into your state-level analysis.
How much do property taxes reduce cap rate in Pittsburg?
Property taxes reduce Pittsburg's cap rate by approximately 1.38 percentage points. Without taxes, the cap rate would be 7.4%; with the 1.38% tax rate, it drops to 6.04%. In high-tax markets, taxes can reduce cap rates by 1.5-2+ percentage points — Pittsburg's impact is significant.
Can I appeal property taxes in Pittsburg?
Yes, most jurisdictions including Pittsburg, KS allow property tax appeals. If your property's assessed value exceeds market value, you may be able to reduce your tax bill. Appeals are typically filed within 30-90 days of receiving your assessment notice. Gather comparable sales data to support your case. Even a modest reduction in assessed value can meaningfully improve annual cash flow.
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Explore Pittsburg & Related Markets

More Pittsburg Guides

Rental Property Investment GuideRent AnalysisCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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