Stapleton, Nebraska Property Taxes
The median property tax rate in Stapleton, Nebraska is 0.95%, slightly below the national median of 0.99% but significantly lower than the Nebraska state median of 1.75%. With the median home value in Stapleton at $588,289, the typical annual property tax bill amounts to $5,566, which is well above the national median of $2,690. Property taxes in Stapleton are calculated based on the tax assessed value, which is generally lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Familiarizing yourself with Stapleton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Stapleton or another part of McPherson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stapleton, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$5,589
Ownwell’s Stapleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stapleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stapleton 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 Stapleton, Nebraska
Property taxes in Stapleton, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stapleton is 0.95%, slightly lower than the U.S. national median of 0.99%. Local government entities within Stapleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stapleton 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 Stapleton's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69163 zip code has both the highest and lowest median property tax rate of 0.95%. Understanding how these cities compare with Stapleton provides valuable insights into the varying tax landscape across Logan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stapleton Tax Rate
0.95%
Average Mcpherson County Tax Rate
0.94%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stapleton, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69163 | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Stapleton, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Stapleton, Nebraska. The market value represents 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 McPherson 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 in Stapleton 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. The highest and lowest median tax bills in Stapleton are both $5,566, found in the 69163 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Stapleton Assessed Value
$588,289
Average Mcpherson County Assessed Value
$134,878
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stapleton, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69163 | $588,289 | $588,289 | $588,289 | $588,289 | $588,289 |
Source: Ownwell
Property Tax Bills Across Stapleton, Nebraska
In Stapleton, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. For example, in McPherson County, the median home price is $588,289. The assessed value typically represents a percentage of the market value, and this figure is then multiplied by the local property tax rate. Stapleton's property tax rate can result in varying tax bills, but data shows a consistent figure across different percentiles. Homeowners in the 25th, 75th, and 90th percentiles all face an annual tax bill of $5,566. This uniformity indicates a stable tax environment within the city. Comparatively, the national median property tax rate is 0.99%, making Stapleton's rates relatively predictable for homeowners. These tax bills fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Understanding how these factors contribute to property tax calculations can help homeowners better manage their financial planning.
Average Stapleton Tax Bill
$5,566
Average Mcpherson County Tax Bill
$1,297
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Stapleton, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69163 | $5,566 | $5,566 | $5,566 | $5,566 | $5,566 |
Source: Ownwell