Anselmo, Nebraska Property Taxes
The median property tax rate in Anselmo, Nebraska is 0.90%, which is lower than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Anselmo at $137,887, the typical annual property tax bill amounts to $1,236, which is below the national median of $2,690. Property taxes in Anselmo are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Anselmo'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 Anselmo 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
Anselmo, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,241
Ownwell’s Anselmo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anselmo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anselmo 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 Anselmo, Nebraska
Property taxes in Anselmo, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anselmo is 0.90%, slightly lower than the U.S. national median of 0.99%. Local government entities within Anselmo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anselmo 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 Anselmo's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68813 zip code has the highest median property tax rate of 0.90%, while the same 68813 zip code also has the lowest median tax rate of 0.90%. Understanding how these areas compare with Anselmo provides valuable insights into the varying tax landscape across Custer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anselmo Tax Rate
0.90%
Average Custer County Tax Rate
1.38%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anselmo, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68813 | 0.82% | 0.84% | 0.90% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Anselmo, Nebraska
In Anselmo, 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 Custer 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. In Anselmo, 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 Anselmo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 68813 has both the highest and lowest median tax bill at $1,236.
Average Anselmo Assessed Value
$137,887
Average Custer County Assessed Value
$99,711
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anselmo, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68813 | $12,928 | $42,706 | $137,887 | $363,918 | $736,269 |
Source: Ownwell
Property Tax Bills Across Anselmo, Nebraska
In Anselmo, Custer County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. The median home price in Anselmo is $137,887, which serves as a baseline for tax calculations. Local tax rates are applied to this assessed value to determine the annual tax bill. Various factors influence the final tax amount, including property size, location, and any applicable exemptions or deductions. For instance, the 25th percentile tax bill is $442, while the 75th percentile tax bill reaches $3,441. At the higher end, the 90th percentile tax bill can be as much as $6,695. These property taxes fund essential services like public schools, infrastructure, and emergency services, directly impacting homeowners. Compared to the national median property tax rate of 0.99%, Anselmo's rates can vary significantly, affecting the overall affordability and financial planning for homeowners in the region.
Average Anselmo Tax Bill
$1,236
Average Custer County Tax Bill
$1,435
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Anselmo, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68813 | $120 | $442 | $1,236 | $3,441 | $6,695 |
Source: Ownwell