Ainsworth, Nebraska Property Taxes
The median property tax rate in Ainsworth, NE is 1.57%, higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With a median home value of $84,072 in Ainsworth, the typical annual property tax bill is $1,165, which is lower than the national median of $2,690. Property taxes in Ainsworth are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Ainsworth'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 Ainsworth or another part of Brown County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ainsworth, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$1,320
Ownwell’s Ainsworth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ainsworth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ainsworth 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 Ainsworth, Nebraska
Property taxes in Ainsworth, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ainsworth is 1.57%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Ainsworth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ainsworth 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 Ainsworth's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69210 zip code has the highest median property tax rate of 1.57%, while it also has the lowest median tax rate of 1.57%. Understanding how these cities compare with Ainsworth provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ainsworth Tax Rate
1.57%
Average Brown County Tax Rate
1.50%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ainsworth, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69210 | 1.03% | 1.05% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Ainsworth, Nebraska
In Ainsworth, 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 Brown 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. 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 Ainsworth is $84,072, with tax bills ranging from $591 at the 25th percentile to $3,949 at the 90th percentile. The zip code with the highest and lowest median tax bill is 69210, both at $1,165. By understanding 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 Ainsworth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ainsworth Assessed Value
$84,072
Average Brown County Assessed Value
$87,245
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ainsworth, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69210 | $18,982 | $44,189 | $84,072 | $151,300 | $357,464 |
Source: Ownwell
Property Tax Bills Across Ainsworth, Nebraska
In Ainsworth, located in Brown County, NE, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in Ainsworth is $84,072. Property taxes are determined by multiplying the assessed value by the tax rate set by local authorities. For instance, homeowners in the 25th percentile can expect a tax bill around $591, while those in the 75th percentile might see bills as high as $2,047. In the 90th percentile, tax bills can soar to $3,949. Several factors influence the tax bill, including property size, location, and market conditions. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Compared to the national median property tax rate of 0.99%, Ainsworth's rates reflect the local economic conditions and community needs, ensuring that residents contribute fairly to the upkeep and development of their area.
Average Ainsworth Tax Bill
$1,165
Average Brown County Tax Bill
$1,181
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Ainsworth, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69210 | $235 | $591 | $1,165 | $2,047 | $3,949 |
Source: Ownwell