Bartley, Nebraska Property Taxes
The median property tax rate in Bartley, NE is 0.62%, significantly lower than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Bartley, the typical annual property tax bill reaches $768, which is well below the national median of $2,690. Property taxes in Bartley are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bartley'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 Bartley 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
Bartley, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$771
Ownwell’s Bartley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bartley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bartley 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 Bartley, Nebraska
Property taxes in Bartley, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bartley is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Bartley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bartley 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. Understanding how Bartley's effective property tax rate compares to other areas provides valuable insights into the varying tax landscape across Frontier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bartley Tax Rate
0.62%
Average Frontier County Tax Rate
1.50%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bartley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69020 | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Bartley, Nebraska
In Bartley, 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 Frontier 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 Bartley, 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. Notably, the median home price in Bartley is $124,299, with the highest and lowest median tax bills both being $768 in the 69020 zip code. 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 Bartley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bartley Assessed Value
$124,299
Average Frontier County Assessed Value
$86,548
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bartley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69020 | $124,299 | $124,299 | $124,299 | $124,299 | $124,299 |
Source: Ownwell
Property Tax Bills Across Bartley, Nebraska
Property tax bills in Bartley, located in Frontier County, NE, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and typically reflects a percentage of the property's market value. For instance, with a median home price of $124,299, homeowners can expect their property taxes to be calculated using this valuation. The local tax rate is applied to the assessed value to determine the annual tax bill. In Bartley, the median property tax bill is $768, which is consistent across various percentiles, indicating a relatively uniform tax rate in the area. This uniformity simplifies the calculation and provides predictability for homeowners. Compared to the national median property tax rate of 0.99%, Bartley's property tax rate suggests a more favorable tax environment for homeowners. This lower tax burden can make homeownership more affordable and financially manageable for residents, impacting their overall cost of living positively.
Average Bartley Tax Bill
$768
Average Frontier County Tax Bill
$1,097
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Bartley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69020 | $768 | $768 | $768 | $768 | $768 |
Source: Ownwell