Article 11, Section 1 of The Kansas Constitution provides that real property shall be classified into seven subclasses and assessed uniformly by subclass at the following assessment percentages:
- Residential – 11.5%: Real property used for residential purposes including multifamily residential real property and real property a community of mobile or manufactured homes including the land such homes sit on.
- Agricultural – 30%: Land devoted to agricultural use that is valued on the basis of its agricultural income or agricultural productivity.
- Vacant Lots – 12%
- Non-Profit – 12%: Property owned and operated by a not-for profit organization that does not pay federal income taxes pursuant to section 501 of the federal internal revenue code.
- Public Utilities – 33%: Public utility property, except railroads, which are assessed at the Commercial rate of 33%.
- Commercial – 25%: Property used for commercial and industrial purposes, as well as buildings and other improvements located on agricultural use land.
- Other – 30%: All other property that is not classified above.