York County Property Taxes
The median property tax rate in York County is 1.78%, which is notably higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in York County at $120,076, the typical annual property tax bill amounts to $1,911, which is below the national median of $2,690. Property taxes in York County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding York 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 York or another part of York County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
York County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$2,137
Ownwell’s York County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in York County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in York 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 York County, Nebraska
Property taxes in York County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in York County is 1.78%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within York County set these rates annually, and they can vary significantly between different areas within the county. Each year, York 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. For comparison, the city of York has one of the higher property tax rates in Nebraska at 1.78%, while the city of Sutton boasts one of the lowest at 0.91%. Analyzing how York County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average York County Tax Rate
1.78%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across York County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Beaver Crossing | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% |
Benedict | 1.09% | 1.09% | 1.52% | 1.52% | 1.52% |
Bradshaw | 0.93% | 0.96% | 1.63% | 1.63% | 1.63% |
Exeter | 0.93% | 0.93% | 0.93% | 0.93% | 1.16% |
Fairmont | 1.12% | 1.17% | 1.17% | 1.17% | 1.17% |
Grafton | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% |
Gresham | 0.89% | 1.39% | 1.39% | 1.39% | 1.39% |
Hampton | 0.93% | 0.93% | 0.93% | 1.21% | 1.39% |
Henderson | 0.91% | 1.71% | 1.71% | 1.71% | 1.71% |
Lushton | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Mc Cool Junction | 1.17% | 1.17% | 1.46% | 1.46% | 1.46% |
Polk | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
Stromsburg | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Sutton | 0.91% | 0.91% | 0.91% | 0.91% | 0.91% |
Waco | 0.89% | 0.90% | 1.41% | 1.41% | 1.41% |
York | 1.50% | 1.78% | 1.78% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across York County, Nebraska
In York 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 York 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 York 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, Grafton has the highest median tax bill of $2,863, while Lushton has the lowest at $444. Being aware of these valuation processes in York County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average York County Assessed Value
$120,076
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across York County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Beaver Crossing | $201,833 | $201,833 | $201,833 | $201,833 | $201,833 |
Benedict | $24,237 | $47,244 | $76,284 | $139,658 | $233,818 |
Bradshaw | $15,814 | $38,850 | $83,766 | $165,120 | $260,439 |
Exeter | $101,033 | $111,357 | $238,493 | $322,869 | $428,132 |
Fairmont | $161,423 | $178,904 | $188,632 | $206,542 | $264,858 |
Grafton | $282,789 | $282,789 | $282,789 | $282,789 | $282,789 |
Gresham | $12,286 | $19,803 | $46,650 | $83,797 | $147,730 |
Hampton | $66,212 | $140,605 | $198,798 | $266,942 | $270,354 |
Henderson | $48,243 | $88,142 | $130,096 | $195,135 | $270,118 |
Lushton | $37,116 | $37,116 | $37,116 | $37,116 | $37,116 |
Mc Cool Junction | $38,184 | $72,505 | $130,427 | $222,112 | $344,222 |
Polk | $83,794 | $106,384 | $158,751 | $276,993 | $327,809 |
Stromsburg | $132,114 | $132,114 | $132,114 | $132,114 | $132,114 |
Sutton | $136,464 | $136,464 | $136,464 | $136,464 | $136,464 |
Waco | $19,832 | $58,498 | $128,482 | $190,405 | $274,677 |
York | $41,179 | $69,168 | $123,504 | $190,088 | $305,306 |
Source: Ownwell
Property Tax Bills Across York County, Nebraska
In York County, NE, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the county assessor and typically reflects a percentage of the property's market value. Factors such as location, property size, and improvements can influence this valuation. Once the assessed value is established, the local tax rate is applied to determine the annual tax bill. Homeowners in York County experience a range of tax bills. For instance, properties in the 25th percentile have tax bills around $1,077, while those in the 75th percentile see bills approximately $2,966. At the 90th percentile, tax bills can reach up to $4,605. These figures highlight the variability in tax obligations depending on property value and location. Comparatively, the national median property tax rate is 0.99%, and York County's rates can result in significantly different tax burdens. This variability impacts homeowners by influencing their annual financial planning and potentially affecting property affordability.
Average York County Tax Bill
$1,911
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across York County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Beaver Crossing | $1,871 | $1,871 | $1,871 | $1,871 | $1,871 |
Benedict | $368 | $711 | $1,107 | $1,810 | $2,581 |
Bradshaw | $257 | $604 | $1,099 | $1,969 | $2,857 |
Exeter | $937 | $1,033 | $2,210 | $3,770 | $4,192 |
Fairmont | $1,798 | $2,089 | $2,202 | $2,412 | $3,092 |
Grafton | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 |
Gresham | $171 | $276 | $641 | $1,042 | $1,592 |
Hampton | $672 | $1,301 | $2,402 | $2,470 | $2,501 |
Henderson | $767 | $1,338 | $2,001 | $2,870 | $4,217 |
Lushton | $444 | $444 | $444 | $444 | $444 |
Mc Cool Junction | $500 | $858 | $1,813 | $2,707 | $4,253 |
Polk | $803 | $1,019 | $1,521 | $2,653 | $3,140 |
Stromsburg | $1,439 | $1,439 | $1,439 | $1,439 | $1,439 |
Sutton | $1,238 | $1,238 | $1,238 | $1,238 | $1,238 |
Waco | $227 | $694 | $1,419 | $2,229 | $3,118 |
York | $724 | $1,212 | $2,135 | $3,250 | $5,139 |
Source: Ownwell