Rogers, Nebraska Property Taxes
The median property tax rate in Rogers, Nebraska is 1.46%, which is higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Rogers at $164,122, the typical annual property tax bill reaches $2,290, slightly below the national median of $2,690. Property taxes in Rogers are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Rogers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Rogers 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
Rogers, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$2,396
Ownwell’s Rogers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogers 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 Rogers, Nebraska
Property taxes in Rogers, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rogers is 1.46%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Rogers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogers 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 Rogers' effective property tax rate to other counties in Nebraska and the national median. For comparison, the highest and lowest median property tax rates in Colfax County are both 1.46%, as seen in zip code 68659. Understanding how these cities compare with Rogers provides valuable insights into the varying tax landscape across Colfax County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogers Tax Rate
1.46%
Average Colfax County Tax Rate
1.78%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogers, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68659 | 1.44% | 1.45% | 1.46% | 1.91% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across Rogers, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rogers, Nebraska. 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 Colfax 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. 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 Rogers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Rogers, the highest median tax bill is $2,290 in the zip code 68659, which is significantly above the national median property tax rate of 0.99%. This information can be crucial for homeowners looking to understand their potential tax liabilities.
Average Rogers Assessed Value
$164,122
Average Colfax County Assessed Value
$110,540
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rogers, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68659 | $18,510 | $43,389 | $164,122 | $417,065 | $747,748 |
Source: Ownwell
Property Tax Bills Across Rogers, Nebraska
In Rogers, property tax bills are calculated based on the assessed value of your home, which is determined by the Colfax County assessor's office. The assessed value is a percentage of the market value of your property. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Several factors influence the assessed value, including the home's location, size, and condition. For instance, the median home price in Rogers is $164,122. Homeowners in the 25th percentile typically see tax bills around $671, while those in the 75th percentile can expect bills up to $6,079. At the 90th percentile, tax bills can soar to $10,240. These property taxes fund essential local services such as schools, public safety, and infrastructure. Therefore, understanding how these taxes are calculated and their impact on your finances is crucial for effective budgeting and financial planning. Given that the national median property tax rate is 0.99%, Rogers' tax bills can significantly vary, affecting homeowners differently based on their property's assessed value.
Average Rogers Tax Bill
$2,290
Average Colfax County Tax Bill
$1,841
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogers, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68659 | $276 | $671 | $2,290 | $6,079 | $10,240 |
Source: Ownwell