Manley, Nebraska Property Taxes
The median property tax rate in Manley, NE is 1.88%, significantly higher than both the national median of 0.99% and Nebraska's state median of 1.75%. With a median home value of $119,701 in Manley, the typical annual property tax bill reaches $2,170, which is below the national median of $2,690. Property taxes in Manley are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Manley's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Manley or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manley, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$2,250
Ownwell’s Manley Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Manley with just two data inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Manley to provide an estimated property tax bill. This valuable tool helps you understand your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Manley, Nebraska
Property taxes in Manley, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manley is 1.88%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Manley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manley estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Manley's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68403 has the highest median property tax rate of 1.88%, while the lowest median tax rate is also 1.88%. Understanding how these cities compare with Manley provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manley Tax Rate
1.88%
Average Cass County Tax Rate
1.72%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68403 | 1.79% | 1.88% | 1.88% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Manley, Nebraska
In Manley, Nebraska, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Cass County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Manley, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Manley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 68403 has the highest median tax bill at $2,170, which is also the lowest median tax bill in the area.
Average Manley Assessed Value
$119,701
Average Cass County Assessed Value
$194,901
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68403 | $33,381 | $65,238 | $119,701 | $187,390 | $289,866 |
Source: Ownwell
Property Tax Bills Across Manley, Nebraska
Property tax bills in Manley, located in Cass County, Nebraska, are calculated based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by county assessors. The tax rate, set by local government entities, is applied to this assessed value to determine the annual tax bill. For homeowners in Manley, the median home price stands at $119,701. Property tax bills can vary significantly, with the 25th percentile at $1,189 and the 75th percentile at $3,479, reflecting differences in property values and applicable exemptions. The highest median tax bill recorded in the area is $2,170, which is relatively modest compared to the national median property tax rate of 0.99%. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Homeowners should be aware of these calculations to budget effectively and understand their contributions to local services.
Average Manley Tax Bill
$2,170
Average Cass County Tax Bill
$3,260
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Manley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68403 | $563 | $1,189 | $2,170 | $3,479 | $5,306 |
Source: Ownwell