Lodgepole, Nebraska Property Taxes
The median property tax rate in Lodgepole, NE is 1.37%, 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 $108,275 in Lodgepole, the typical annual property tax bill amounts to $1,480, which is below the national median of $2,690. Property taxes in Lodgepole are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as 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 Deuel 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
1.37%
Estimate Property Tax Bill
$1,483
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, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Lodgepole is 1.37%, 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 the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Lodgepole provides valuable insights into the varying tax landscape across Deuel County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lodgepole Tax Rate
1.37%
Average Deuel County Tax Rate
1.73%
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 | 0.89% | 1.36% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Lodgepole, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lodgepole, 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 Deuel 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 Lodgepole, 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 Lodgepole helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 69149 has both the highest and lowest median tax bills at $1,480.
Average Lodgepole Assessed Value
$108,275
Average Deuel County Assessed Value
$78,300
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 | $51,546 | $64,172 | $108,275 | $176,372 | $238,896 |
Source: Ownwell
Property Tax Bills Across Lodgepole, Nebraska
In Lodgepole, Deuel County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $108,275, homeowners can expect varying property tax bills. The 25th percentile tax bill is around $676, while those in the 75th percentile pay approximately $2,400. At the higher end, the 90th percentile tax bill reaches about $3,259. These figures illustrate the range of property taxes homeowners might encounter, influenced by factors such as property value and applicable exemptions. The highest median tax bill in the area is $1,480, which is consistent across the zip code 69149. Compared to the national median property tax rate of 0.99%, Lodgepole's property taxes can significantly impact homeowners, making it essential for them to understand how their tax bill is calculated and what factors might affect it.
Average Lodgepole Tax Bill
$1,480
Average Deuel County Tax Bill
$1,223
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 | $370 | $676 | $1,480 | $2,400 | $3,259 |
Source: Ownwell