Anselmo, Nebraska Property Taxes
The median property tax rate in Anselmo, NE is 0.95%, slightly below the national median of 0.99% but significantly lower than Nebraska's state median of 1.75%. With a median home value in Anselmo of $334,688, the typical annual property tax bill reaches $3,176, surpassing the national median of $2,690. Property taxes in Anselmo 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 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
0.95%
Estimate Property Tax Bill
$3,180
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anselmo is 0.95%, slightly below 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 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these cities compare with Anselmo provides valuable insights into the varying tax landscape across Loup County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anselmo Tax Rate
0.95%
Average Loup County Tax Rate
0.97%
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 | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Anselmo, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Anselmo, 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 Loup 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. 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. Anselmo's median home price is $334,688, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $2,909, while the 75th percentile reaches $4,587, and the 90th percentile soars to $7,095. The highest and lowest median tax bills in the area are both $3,176, found in zip code 68813. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Anselmo Assessed Value
$334,688
Average Loup County Assessed Value
$136,618
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 | $258,874 | $306,796 | $334,688 | $483,552 | $749,228 |
Source: Ownwell
Property Tax Bills Across Anselmo, Nebraska
In Anselmo, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the home's market value, improvements made to the property, and comparable property values in the area. For homeowners in Anselmo, the median home price is $334,688, and the property tax rate in Loup County is reflective of this value. Tax bills can vary significantly, with the 25th percentile tax bill at $2,909 and the 75th percentile at $4,587. For those in the 90th percentile, the tax bill can be as high as $7,095. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. While the median tax bill in Anselmo aligns with the highest and lowest median tax bills in the county at $3,176, it remains below the national median property tax rate of 0.99%.
Average Anselmo Tax Bill
$3,176
Average Loup County Tax Bill
$1,474
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 | $2,460 | $2,909 | $3,176 | $4,587 | $7,095 |
Source: Ownwell