Stockville, Nebraska Property Taxes
The median property tax rate in Stockville, NE is 1.51%, which is higher than the national median of 0.99% but lower than Nebraska's state median of 1.75%. With the median home value in Stockville, the typical annual property tax bill is $244, significantly below the national median of $2,690. Property taxes in Stockville are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Stockville'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 Stockville or another part of Frontier County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stockville, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$254
Ownwell’s Stockville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stockville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stockville 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 Stockville, Nebraska
Property taxes in Stockville, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stockville is 1.51%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Stockville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stockville 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 Stockville's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69042 zip code has the highest median property tax rate of 1.51%, while the same zip code also has the lowest median tax rate of 1.51%. Understanding how these cities compare with Stockville 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 Stockville Tax Rate
1.51%
Average Frontier County Tax Rate
1.50%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stockville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69042 | 1.29% | 1.43% | 1.51% | 1.67% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Stockville, Nebraska
In Stockville, 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 Stockville, 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 Stockville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both recorded at $244 in the 69042 zip code.
Average Stockville Assessed Value
$16,836
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 Stockville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69042 | $2,344 | $3,111 | $16,836 | $39,623 | $117,997 |
Source: Ownwell
Property Tax Bills Across Stockville, Nebraska
In Stockville, property tax bills are calculated based on the assessed value of a home, which is determined by the Frontier County assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Stockville is $16,836, and the property tax rate in Frontier County is relatively low compared to the national median property tax rate of 0.99%. Homeowners in Stockville can expect their property tax bills to vary significantly. For instance, the 25th percentile of property tax bills is $57, while the 75th percentile reaches up to $585. The highest median tax bill in the area is $244, which is modest compared to other regions. These variations are influenced by factors such as property size, location, and improvements made to the home. Understanding how these factors contribute to the overall tax bill can help homeowners better manage their expenses and plan for future financial obligations.
Average Stockville Tax Bill
$244
Average Frontier County Tax Bill
$1,097
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Stockville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69042 | $39 | $57 | $244 | $585 | $1,746 |
Source: Ownwell