Plainview, Nebraska Property Taxes
The median property tax rate in Plainview, NE is 1.64%, which is considerably higher than the national median of 0.99% but slightly below the Nebraska state median of 1.75%. With a median home value of $90,730 in Plainview, the typical annual property tax bill amounts to $1,391, which is lower than the national median of $2,690. Property taxes in Plainview are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Plainview'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 Plainview 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
Plainview, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$1,488
Ownwell’s Plainview Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Plainview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plainview 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 Plainview, Nebraska
Property taxes in Plainview, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plainview is 1.64%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Plainview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plainview 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 Plainview's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68769 zip code has the highest median property tax rate of 1.64%, while the 68769 zip code also has the lowest median tax rate of 1.64%. Understanding how these cities compare with Plainview provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plainview Tax Rate
1.64%
Average Pierce County Tax Rate
1.46%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plainview, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68769 | 1.01% | 1.02% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Plainview, Nebraska
In Plainview, 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 Pierce County Assessor 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 Plainview, 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 Plainview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code with the highest median tax bill is 68769 at $1,391, which underscores the importance of understanding and managing your property taxes effectively.
Average Plainview Assessed Value
$90,730
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 Plainview, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68769 | $17,190 | $38,395 | $90,730 | $160,910 | $384,146 |
Source: Ownwell
Property Tax Bills Across Plainview, Nebraska
In Plainview, located in Pierce County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $90,730, homeowners can expect varying tax bills depending on several factors, including property size, location, and any applicable exemptions. The tax bill is influenced by the local tax rate set by various taxing authorities such as school districts, municipalities, and special districts. In Plainview, the tax bills range significantly, with the 25th percentile at $625 and the 75th percentile at $2,421. The highest median tax bill recorded is $1,391, which is higher than the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services like schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners in the area. The variability in tax bills underscores the importance of understanding local tax regulations and potential exemptions to manage property tax obligations effectively.
Average Plainview Tax Bill
$1,391
Average Pierce County Tax Bill
$2,274
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Plainview, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68769 | $282 | $625 | $1,391 | $2,421 | $4,948 |
Source: Ownwell