Weston, Nebraska Property Taxes
The median property tax rate in Weston, NE is 1.46%, which is considerably higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Weston at $191,208, the typical annual property tax bill amounts to $2,762, slightly above the national median of $2,690. Property taxes in Weston are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Weston’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 Weston or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weston, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$2,792
Ownwell’s Weston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weston 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 Weston, Nebraska
Property taxes in Weston, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weston is 1.46%, significantly higher than the U.S. national median of 0.99%. Local government entities within Weston set these rates annually, and they can vary across different neighborhoods. Each year, Weston 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 Weston's effective property tax rate to other regions in Saunders County and the national median. For comparison, the zip code 68070 has the highest median property tax rate of 1.46%, which is also the lowest. Understanding how these areas compare with Weston provides valuable insights into the varying tax landscape across Saunders County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Weston Tax Rate
1.46%
Average Saunders County Tax Rate
1.77%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weston, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68070 | 1.19% | 1.23% | 1.46% | 1.75% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Weston, Nebraska
In Weston, 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 Saunders 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 Weston, 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 Weston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 68070, with a median tax bill of $2,762.
Average Weston Assessed Value
$191,208
Average Saunders County Assessed Value
$199,000
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Weston, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68070 | $45,789 | $86,625 | $191,208 | $395,410 | $577,730 |
Source: Ownwell
Property Tax Bills Across Weston, Nebraska
In Weston, Saunders County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. For instance, the median home price in Weston is $191,208. The local tax rate is then applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including the property's location within the county, any applicable exemptions, and the specific tax levies imposed by local government entities such as schools, fire departments, and municipal services. Homeowners in Weston can expect a wide range in their property tax bills. For example, the tax bill at the 25th percentile is around $1,479, while at the 75th percentile, it rises to approximately $5,197, and at the 90th percentile, it can reach up to $7,465. These tax bills can significantly impact homeowners' finances, making it crucial for them to understand how their property is assessed and what exemptions might be available to reduce their tax burden.
Average Weston Tax Bill
$2,762
Average Saunders County Tax Bill
$3,382
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Weston, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68070 | $731 | $1,479 | $2,762 | $5,197 | $7,465 |
Source: Ownwell