Unadilla, Nebraska Property Taxes
The median property tax rate in Unadilla, NE is 1.48%, which is significantly higher than both the national median of 0.99% and Nebraska's state median of 1.75%. With the median home value in Unadilla at $235,926, the typical annual property tax bill reaches $3,500, surpassing the national median of $2,690. Property taxes in Unadilla are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Unadilla'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 Unadilla 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
Unadilla, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.48%
Estimate Property Tax Bill
$3,492
Ownwell’s Unadilla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Unadilla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Unadilla 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 Unadilla, Nebraska
Property taxes in Unadilla, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Unadilla is 1.48%, significantly higher than the U.S. national median of 0.99%. Local government entities within Unadilla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Unadilla 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 Unadilla's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68454 zip code has the highest median property tax rate of 1.48%, while the same zip code also has the lowest median tax rate of 1.48%. Understanding how these cities compare with Unadilla provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Unadilla Tax Rate
1.48%
Average Cass County Tax Rate
1.72%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unadilla, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68454 | 1.48% | 1.48% | 1.48% | 1.48% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Unadilla, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Unadilla, Nebraska. 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 Cass 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 Unadilla, 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. The median home price in Unadilla is $235,926, with tax bills ranging from $2,202 at the 25th percentile to $7,908 at the 90th percentile. The highest and lowest median tax bill is $3,500 in zip code 68454. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Unadilla Assessed Value
$235,926
Average Cass County Assessed Value
$194,901
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Unadilla, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68454 | $130,800 | $148,413 | $235,926 | $410,597 | $533,068 |
Source: Ownwell
Property Tax Bills Across Unadilla, Nebraska
In Unadilla, property tax bills are calculated based on the assessed value of the home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. For instance, the median home price in Unadilla is $235,926. Homeowners in the 25th percentile can expect a tax bill around $2,202, while those in the 75th percentile may see bills as high as $6,091. The 90th percentile tax bills can reach up to $7,908. These figures are influenced by factors such as property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Unadilla's tax rates reflect the local economic landscape. Homeowners should be aware that these property taxes fund essential public services, including schools and infrastructure, directly impacting their community's quality of life. Understanding how these taxes are calculated can help homeowners better manage their finances and anticipate annual costs.
Average Unadilla Tax Bill
$3,500
Average Cass County Tax Bill
$3,260
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Unadilla, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68454 | $1,940 | $2,202 | $3,500 | $6,091 | $7,908 |
Source: Ownwell