ECONOMIC DEVELOPMENT
Taxes
| Local Sales Tax Rate | 9.35%* |
|
Property Taxes (2024 Mills) |
99.338-111.998 (Based on school district) |
| Corporate Income Tax | In addition to the flat 4% corporate income tax, Kansas levies a 3.00% surtax on taxable income over $50,000. |
| Individual Income Tax |
Kansas State individual income taxes vary based on filing status and income level. The starting tax rate for the lowest-income single and joint filing groups is 3.1%, and additional tax rates are applied at several income levels. Kansas income taxes are applied in addition to federal income taxes, and taxpayers file Kansas and federal taxes separately. |
*For more specific tax information, visit the City of Overland Park, Johnson County, or the State of Kansas.
Overland Park collects sales tax on the purchase of tangible goods and services. The following shows the 2024 tax rates applicable to Overland Park at the state, county, and city level.
State Sales Tax - 6.50%
- General Tax - .50%
- Public Safety Tax - .50%
- Stormwater Tax - .10%
- Public Safety Capital & Operations - .25%
- Research Triangle - .125%
Total County Sales Tax: 1.475%
- General Tax - 1.00%
- ^ Street Improvement Tax - .375%
Total Overland Park City Sales Tax - 1.375%
Total Sales Tax Rate in Overland Park: 9.35% *
*Sales tax may be higher in areas of Overland Park where Transportation Development Districts (TDDs) or Community Improvement Districts (CIDs) are in effect.
^ The street improvement tax will remain at 0.125% until April, 1, 2024, when it increases to .375%.
Additional taxes may apply to some goods/industries, and, as of January 1, 2023, there are reduced sales tax rates for some some foods in Kansas.
Property Taxes
Property taxes are the lowest of any first-class city in Kansas. Overland Park is able to provide top-notch services and amenities while still keeping the property tax rate low.
| 2024 Mills | Shawnee Mission School District | Blue Valley School District | Olathe School District | |
| State of Kansas | 1.500 | 1.500 | 1.500 | |
| Johnson County | 17.526 | 17.526 | 17.526 | |
| Johnson County Parks and Recreation | 3.022 | 3.022 | 3.022 | |
| Johnson County Library | 3.812 | 3.812 | 3.812 | |
| City of Overland Park | 14.525 | 14.525 | 14.525 | |
| Johnson County Community College | 8.131 | 8.131 | 8.131 | |
| School District | 50.822 | 53.758 | 63.482 | |
| Total Levy* | 99.338 | 102.274 | 111.998 | |
|
*Total tax levy may be higher in some areas due to additional tax entities specific to those areas. |
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Property taxes are assessed through a mill levy. One mill is equivalent to $1 for every $1,000 of assessed property value. Assessed property value is 11.5% of appraised (market) value for residential properties and 25% for commercial properties. Appraisal value of properties is available online at the Johnson County Appraiser's Office.
In addition to the flat 4% corporate income tax, the State of Kansas levies a 3.0% surtax on taxable income over $50,000.
The Kansas Department of Commerce provides resources on business taxes, filing, incentives, and more.
The following individual income tax rates are applicable for Kansas residents (in addition to federal income taxes):
| Resident, Married, Joint | Tax Rates |
| Taxable Income not over $30,000 | 3.1% |
| Taxable Income over $30,000 but not over $60,000 | $930 plus 5.25% of excess over $30,000 |
| Taxable Income over $60,000 | $2,505 plus 5.7% of excess over $60,000 |
| Resident, Others | Tax Rates |
| Taxable Income not over $15,000 | 3.1% |
| Taxable Income over $15,000 but not over $30,000 | $465 plus 5.25% of excess over $15,000 |
| Taxable Income over $30,000 | $1,252.50 plus 5.7% of excess over $30,000 |
Source: Kansas Department of Revenue