Lodgepole, Nebraska Property Taxes
The median property tax rate in Lodgepole, Nebraska is 1.44%, which is higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $74,964, the typical annual property tax bill in Lodgepole amounts to $1,197, falling below the national median of $2,690. Property taxes in Lodgepole are calculated based on the assessed value, which is often less than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Lodgepole'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 Lodgepole or another part of Cheyenne County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lodgepole, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$1,079
Ownwell’s Lodgepole Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lodgepole with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lodgepole to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Lodgepole, Nebraska
Property taxes in Lodgepole, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lodgepole is 1.44%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Lodgepole set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lodgepole 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 Lodgepole's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 69149 has both the highest and lowest median property tax rate of 1.44%. Understanding how these cities compare with Lodgepole provides valuable insights into the varying tax landscape across Cheyenne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lodgepole Tax Rate
1.44%
Average Cheyenne County Tax Rate
2.32%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lodgepole, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69149 | 1.31% | 1.32% | 1.44% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Lodgepole, Nebraska
In Lodgepole, 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 Cheyenne County Assessor 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. Assessment notices in Lodgepole 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. For instance, the median home price in Lodgepole is $74,964, with tax bills ranging from $457 at the 25th percentile to $3,983 at the 90th percentile. The highest and lowest median tax bills are both $1,197 in zip code 69149. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lodgepole Assessed Value
$74,964
Average Cheyenne County Assessed Value
$91,196
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lodgepole, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69149 | $8,623 | $33,778 | $74,964 | $155,811 | $292,311 |
Source: Ownwell
Property Tax Bills Across Lodgepole, Nebraska
Property tax bills in Lodgepole, located in Cheyenne County, NE, 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 the county assessor. In Lodgepole, the median home price is $74,964. Homeowners can expect their property tax bills to vary significantly based on the assessed value of their homes and the specific tax rate applied. For example, a homeowner in the 25th percentile might pay around $457 annually, while those in the 75th percentile could see tax bills as high as $2,136. At the 90th percentile, property tax bills can reach up to $3,983. These figures illustrate the range of property tax responsibilities faced by homeowners in Lodgepole. The highest and lowest median tax bills in the area are both $1,197, indicating that tax rates are relatively consistent within the region. Understanding these factors helps homeowners anticipate their property tax obligations and budget accordingly.
Average Lodgepole Tax Bill
$1,197
Average Cheyenne County Tax Bill
$1,857
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Lodgepole, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69149 | $127 | $457 | $1,197 | $2,136 | $3,983 |
Source: Ownwell