Pierce County Property Taxes
The median property tax rate in Pierce County is 1.46%, which is significantly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Pierce County at $145,155, the typical annual property tax bill reaches $2,274, which is below the national median of $2,690. Property taxes in Pierce County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Pierce County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Pierce or another part of Pierce County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pierce County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$2,119
Ownwell’s Pierce County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pierce County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pierce 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 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 Pierce County, Nebraska
Property taxes in Pierce County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pierce County is 1.46%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Pierce County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pierce 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 Pierce County's effective property tax rate with other areas in Nebraska and the national median. For comparison, the city of Osmond has one of the higher property tax rates in Nebraska at 1.83%, while the city of Randolph boasts one of the lowest at 0.76%. Analyzing how Pierce County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pierce County Tax Rate
1.46%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pierce County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Foster | 1.06% | 1.29% | 1.29% | 1.29% | 1.29% |
Hadar | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% |
Mclean | 0.76% | 0.77% | 1.07% | 1.22% | 1.52% |
Meadow Grove | 1.17% | 1.19% | 1.19% | 1.21% | 1.21% |
Norfolk | 1.21% | 1.23% | 1.40% | 1.46% | 1.46% |
Osmond | 1.01% | 1.06% | 1.83% | 1.83% | 1.83% |
Pierce | 1.15% | 1.17% | 1.83% | 1.84% | 1.84% |
Plainview | 1.01% | 1.02% | 1.64% | 1.64% | 1.64% |
Randolph | 0.75% | 0.75% | 0.76% | 0.77% | 0.77% |
Tilden | 1.02% | 1.18% | 1.20% | 1.20% | 1.20% |
Wausa | 1.07% | 1.08% | 1.23% | 1.23% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Pierce County, Nebraska
In Pierce 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 Pierce 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 Pierce 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. For instance, Tilden has the highest median tax bill at $4,850, while Foster has the lowest at $498. Being aware of these valuation processes in Pierce County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Pierce County Assessed Value
$145,155
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pierce County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Foster | $2,688 | $17,945 | $37,660 | $99,655 | $291,335 |
Hadar | $74,587 | $117,220 | $188,275 | $259,330 | $301,963 |
Mclean | $25,921 | $46,305 | $257,330 | $550,328 | $784,186 |
Meadow Grove | $76,848 | $159,600 | $302,710 | $394,445 | $895,786 |
Norfolk | $63,824 | $128,525 | $201,270 | $303,220 | $486,882 |
Osmond | $23,362 | $68,092 | $127,620 | $286,485 | $652,485 |
Pierce | $56,640 | $100,302 | $180,328 | $324,675 | $567,730 |
Plainview | $17,190 | $38,395 | $90,730 | $160,910 | $384,146 |
Randolph | $75,685 | $220,515 | $364,835 | $626,360 | $766,211 |
Tilden | $65,980 | $102,908 | $386,712 | $670,036 | $788,440 |
Wausa | $36,810 | $72,194 | $285,915 | $631,376 | $720,046 |
Source: Ownwell
Property Tax Bills Across Pierce County, Nebraska
In Pierce County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, the median home price in Pierce County is $145,155. The tax bills can vary significantly, with the 25th percentile being $1,180 and the 75th percentile reaching $4,104. Homeowners in the 90th percentile can expect to pay around $6,476 annually. Several factors influence these tax bills, including property location, home size, and any applicable exemptions. The highest median tax bill in the county is $4,850 in Tilden, while Foster has the lowest at $498. These variations can significantly affect homeowners' financial planning and overall affordability. Compared to the national median property tax rate of 0.99%, Pierce County's rates reflect a broad range, impacting homeowners differently based on their specific circumstances.
Average Pierce County Tax Bill
$2,274
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Pierce County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Foster | $61 | $292 | $498 | $1,337 | $3,131 |
Hadar | $1,091 | $1,715 | $2,754 | $3,794 | $4,417 |
Mclean | $307 | $761 | $2,558 | $5,147 | $8,622 |
Meadow Grove | $926 | $1,917 | $3,143 | $4,764 | $10,553 |
Norfolk | $715 | $1,590 | $2,783 | $4,315 | $6,231 |
Osmond | $441 | $1,168 | $2,171 | $4,241 | $7,016 |
Pierce | $863 | $1,689 | $2,792 | $4,498 | $6,735 |
Plainview | $282 | $625 | $1,391 | $2,421 | $4,948 |
Randolph | $668 | $1,749 | $2,817 | $4,715 | $5,800 |
Tilden | $774 | $866 | $4,850 | $8,791 | $9,496 |
Wausa | $847 | $1,977 | $3,183 | $7,646 | $8,232 |
Source: Ownwell