Bartley, Nebraska Property Taxes
The median property tax rate in Bartley, NE is 1.31%, which is notably higher than the national median of 0.99% but lower than Nebraska's state median of 1.75%. With a median home value in Bartley at $70,214, the typical annual property tax bill reaches $918, which is below the national median of $2,690. Property taxes in Bartley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bartley'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 Bartley or another part of Red Willow County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bartley, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$920
Ownwell’s Bartley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bartley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bartley 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 Bartley, Nebraska
Property taxes in Bartley, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bartley is 1.31%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Bartley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bartley 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 Bartley's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69020 zip code has the highest median property tax rate of 1.31%, while the same zip code has the lowest median tax rate of 1.31%. Understanding how these cities compare with Bartley provides valuable insights into the varying tax landscape across Red Willow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bartley Tax Rate
1.31%
Average Red Willow County Tax Rate
1.75%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bartley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69020 | 1.07% | 1.09% | 1.31% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Bartley, Nebraska
In Bartley, 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 Red Willow 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. In Bartley, 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 Bartley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $918.00 in the 69020 zip code, while the lowest median tax bill is also $918.00 in the same zip code.
Average Bartley Assessed Value
$70,214
Average Red Willow County Assessed Value
$101,885
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bartley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69020 | $9,329 | $35,264 | $70,214 | $147,519 | $275,167 |
Source: Ownwell
Property Tax Bills Across Bartley, Nebraska
In Bartley, property tax bills are calculated based on the assessed value of the property, which is determined by the local county assessor. The assessed value is a percentage of the property's market value, and this percentage can vary depending on local regulations. Once the assessed value is established, the tax rate, set by various taxing authorities such as the county, school districts, and other local entities, is applied to this value. For homeowners in Bartley, the median home price is $70,214. Property tax bills can vary significantly, with the 25th percentile at $414 and the 75th percentile reaching $1,723. Homeowners at the 90th percentile might see tax bills as high as $3,718. Comparatively, the national median property tax rate is 0.99%, which provides a useful benchmark for understanding local rates. These tax bills fund essential services such as schools, infrastructure, and public safety, directly impacting the quality of life for Bartley residents.
Average Bartley Tax Bill
$918
Average Red Willow County Tax Bill
$1,615
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Bartley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69020 | $113 | $414 | $918 | $1,723 | $3,718 |
Source: Ownwell