Property Tax as a Percent of
Average Net Income per Acre
By comparing property tax to annual average net income per acre, we can visualize the impact that tax has
on profitability for farmers. Utilizing historical crop budgets from Kansas State University, cost over returns
(net income) per acre for irrigated and dryland crops were averaged for different areas of the state, as well as
the state as a whole, for the time period of 2007-2016 (10-year average). Property tax information was
calculated based on data provided by the Kansas Department of Revenue – Property Valuation Division for both
irrigated and dryland values.
As a notation, in some instances the average tax rate per acre is higher than the net income per acre,
resulting in a ratio of greater than 100%. Additionally, a positive percentage (percent greater than 0%)
can be interpreted as the portion of net income per acre that property tax comprises. Furthermore, a
negative percent (percent less than 0%) means that the average net income per acre over the ten-year span
was negative. A negative percentage can be interpreted as an additional cost of producing a
crop in addition to the loss of net income. For example, a percentage of -40% means that on
average, in addition to the loss of net income per acr e you would pay an additional 4 0% of
that loss in property tax.
2016 Net Income & Percentage of Property Tax, Kansas
Crop
2016 Net Income /
Acre ($)
Average Tax / Acre
Property Tax (%)
-$176.33
$17.85
-10.1%
Wheat, Non-Irrigated
-$9.72
$8.52
-87.7%
Corn, Irrigated
$9.71
$17.85
183.8%
Corn, Non-Irrigated
$0.61
$8.52
1396.7%
Soybeans, Irrigated
-$13.35
$17.85
-133.7%
Soybeans, Non-Irrigated
$23.43
$8.52
36.4%
-$144.87
$17.85
-12.3%
$11.91
$8.52
71.5%
Wheat, Irrigated
Sorghum, Irrigated
Sorghum, Non-Irrigated
Kansas Department of Agriculture | 1320 Research Park Drive | Manhattan, KS 66502 | (785) 564-6700 | agriculture.ks.gov
Utilizing all data present for Kansas, the following is the average across the entire state:
Current Property Tax as a Percent of Average
Net Income per Acre, Kansas
30%
22%
20%
18%
13%
13%
14%
15%
Dryland
Corn
Dryland
Sobyeans
Dryland
Sorghum
10%
0%
-10%
-20%
-30%
-40%
-40%
-44%
-50%
Irrigated
Wheat
Irrigated
Corn
Irrigated
Soybeans
Irrigated
Sorghum
Dryland
Wheat
Current Property Tax
Current Property Tax as a Percent of Average
Net Income per Acre, Western Kansas
50%
37%
40%
31%
30%
20%
22%
21%
Dryland
Wheat
Dryland
Corn
15%
12%
10%
0%
-10%
-20%
-30%
-40%
-50%
-40%
-40%
Irrigated
Wheat
Irrigated
Corn
Irrigated
Soybeans
Irrigated
Sorghum
Current Property Tax
Dryland
Sobyeans
Dryland
Sorghum
Current Property Tax as a Percent of Average Net
Income per Acre, North Central Kansas
30%
20%
16%
23%
15%
12%
10%
11%
11%
Dryland
Sobyeans
Dryland
Sorghum
0%
-10%
-20%
-30%
-40%
-50%
-48%
-60%
Irrigated Corn
Irrigated
Soybeans
Irrigated
Sorghum
Dryland
Wheat
Dryland Corn
Current Property Tax
Current Property Tax as a Percent of Average Net
Income per Acre, South Central Kansas
25%
20%
20%
14%
15%
13%
11%
10%
5%
0%
Dryland Wheat
Dryland Corn
Dryland Sobyeans
Current Property Tax
Dryland Sorghum
Current Property Tax as a Percent of Average Net
Income per Acre, Northeast Kansas
45%
41%
40%
35%
32%
30%
25%
20%
12%
15%
10%
10%
5%
0%
Dryland Wheat
Dryland Corn
Dryland Sobyeans
Dryland Sorghum
Current Property Tax
Current Property Tax as a Percent of Average Net
Income per Acre, Southeast Kansas
30%
25%
24%
20%
16%
15%
9%
10%
Dryland Corn
Dryland Sobyeans
10%
5%
0%
Dryland Wheat
Current Property Tax
Dryland Sorghum