Wisner, Nebraska Property Taxes
The median property tax rate in Wisner, NE is 1.25%, which is higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Wisner at $522,372, the typical annual property tax bill reaches $6,530, significantly exceeding the national median of $2,690. Property taxes in Wisner are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Wisner'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 Wisner 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
Wisner, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$4,701
Ownwell’s Wisner Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wisner with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Wisner to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of your potential tax liabilities. For those interested in more detailed insights, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Wisner, Nebraska
Property taxes in Wisner, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wisner is 1.22%, higher than both the Nebraska state median of 1.61% and the U.S. national median of 0.99%. Local government entities within Wisner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wisner 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 Wisner's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68791 zip code has the highest median property tax rate of 1.22%, while the 68791 zip code has the lowest median tax rate of 1.22%. Understanding how these cities compare with Wisner provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wisner Tax Rate
0.90%
Average Wayne County Tax Rate
1.74%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wisner, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68791 | 0.89% | 0.89% | 0.90% | 1.29% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Wisner, Nebraska
In Wisner, 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 Wayne 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 Wisner, 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. The median home price in Wisner is $522,372, with tax bills ranging from $2,356 at the 25th percentile to $9,316 at the 90th percentile. The zip code 68791 has the highest and lowest median tax bill at $5,226. 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 Wisner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wisner Assessed Value
$522,372
Average Wayne County Assessed Value
$145,345
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wisner, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68791 | $144,937 | $185,208 | $522,372 | $692,425 | $905,427 |
Source: Ownwell
Property Tax Bills Across Wisner, Nebraska
In Wisner, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the home's market value, location, and any improvements or additions made to the property. For homeowners in Wisner, the property tax bill can vary significantly. At the 25th percentile, the tax bill is $2,356, while at the 75th percentile, it rises to $7,238. Those in the 90th percentile face a tax bill of $9,316. The median property tax rate in Wayne County is notably higher than the national median of 0.99%. This variance in tax bills can have a substantial impact on homeowners, affecting their monthly budgets and long-term financial planning. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Wisner Tax Bill
$5,226
Average Wayne County Tax Bill
$2,361
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Wisner, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68791 | $1,403 | $2,356 | $5,226 | $7,238 | $9,316 |
Source: Ownwell