Keith County Property Taxes
The median property tax rate in Keith County is 1.22%, which is notably higher than the national median of 0.99%, yet lower than the Nebraska state median of 1.75%. With a median home value of $113,500 in Keith County, the typical annual property tax bill amounts to $1,583, which is below the national median of $2,690. Property taxes in Keith County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding the specific property tax system in Keith County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in Ogallala or another part of Keith County, having a thorough understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Keith County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$1,385
Ownwell’s Keith County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Keith County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Keith County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Keith County, Nebraska
Property taxes in Keith County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Keith County is 1.22%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Keith County set these rates annually, and they can vary significantly between different areas within the county. Each year, Keith County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Keith County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Ogallala has one of the higher property tax rates in Nebraska at 1.58%, while the city of Sutherland boasts one of the lowest at 0.92%. Analyzing how Keith County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Keith County Tax Rate
1.22%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Keith County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
| Big Springs | 1.01% | 1.01% | 1.02% | 1.03% | 1.03% |
| Brule | 1.02% | 1.02% | 1.22% | 1.31% | 1.31% |
| Keystone | 0.92% | 0.92% | 1.22% | 1.22% | 1.22% |
| Lemoyne | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
| Lewellen | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
| Ogallala | 1.22% | 1.22% | 1.58% | 1.58% | 1.58% |
| Paxton | 0.90% | 0.92% | 1.22% | 1.41% | 1.41% |
| Sutherland | 0.91% | 0.92% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Keith County, Nebraska
In Keith County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Keith County Appraisal District. The assessed value, however, 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 in Keith County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Keith County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Arthur has the highest median tax bill at $23,614, while Lewellen has the lowest at $1,086.
Property Tax Assessment Values Across Keith County, Nebraska
Source: Ownwell
$94,970
$1,018,158
$1,941,345
Average Keith County Assessed Value
$113,500
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Keith County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | $1,941,345 | $1,941,345 | $1,941,345 | $1,941,345 | $1,941,345 |
| Big Springs | $123,038 | $226,464 | $362,580 | $529,159 | $859,265 |
| Brule | $20,680 | $44,148 | $118,560 | $280,582 | $512,251 |
| Keystone | $8,925 | $44,884 | $126,305 | $369,495 | $661,585 |
| Lemoyne | $31,952 | $52,521 | $97,125 | $220,735 | $336,933 |
| Lewellen | $21,251 | $38,681 | $94,970 | $215,565 | $336,981 |
| Ogallala | $35,722 | $69,000 | $116,640 | $190,525 | $344,515 |
| Paxton | $30,079 | $71,565 | $130,135 | $281,825 | $621,571 |
| Sutherland | $27,818 | $132,315 | $217,848 | $456,650 | $1,061,926 |
Source: Ownwell
Property Tax Bills Across Keith County, Nebraska
In Keith County, NE, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. The tax rate, applied to this assessed value, is set by local taxing authorities and varies depending on the needs of public services such as schools, infrastructure, and emergency services. Homeowners in Keith County can expect a diverse range of property tax bills. For instance, the 25th percentile tax bill is around $767, while the 75th percentile tax bill reaches $2815, and at the 90th percentile, it can climb to $4799. These figures illustrate the variability in tax burdens based on property values and local tax rates. The national median property tax rate is 0.99%, providing a benchmark for comparison. This variability means that homeowners must be aware of their property's assessed value and the applicable tax rate to understand their tax obligations. High property taxes can significantly impact household budgets, influencing decisions about homeownership and long-term financial planning.
Average Keith County Tax Bill
$1,583
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Keith County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | $23,614 | $23,614 | $23,614 | $23,614 | $23,614 |
| Big Springs | $1,262 | $2,323 | $3,718 | $5,102 | $8,722 |
| Brule | $245 | $533 | $1,497 | $3,219 | $5,820 |
| Keystone | $108 | $450 | $1,290 | $4,099 | $7,505 |
| Lemoyne | $377 | $620 | $1,149 | $2,651 | $4,118 |
| Lewellen | $256 | $453 | $1,086 | $2,435 | $4,027 |
| Ogallala | $489 | $1,021 | $1,778 | $2,846 | $4,770 |
| Paxton | $392 | $915 | $1,673 | $2,864 | $5,853 |
| Sutherland | $256 | $1,217 | $2,003 | $4,173 | $9,617 |
Source: Ownwell