Saint Helena, Nebraska Property Taxes
The median property tax rate in Saint Helena, NE is 1.12%, which is higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Saint Helena at $163,970, the typical annual property tax bill amounts to $2,029, falling below the national median of $2,690. Property taxes in Saint Helena are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural land. By understanding Saint Helena's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in central Saint Helena or another part of the city, a thorough grasp of the local property tax landscape can lead to substantial financial benefits.
Last Updated June 14, 2024
Saint Helena, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$1,836
Ownwell’s Saint Helena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Helena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Helena 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 Saint Helena, Nebraska
Property taxes in Saint Helena, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Helena is 1.12%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Saint Helena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Helena 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 Saint Helena's effective property tax rate to other areas in Nebraska and the national median. For comparison, the zip code 68774 has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these areas compare with Saint Helena provides valuable insights into the varying tax landscape across Cedar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Helena Tax Rate
1.12%
Average Cedar County Tax Rate
1.45%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Helena, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68774 | 0.85% | 0.88% | 1.12% | 1.44% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Saint Helena, Nebraska
In Saint Helena, 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 local authorities 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 Saint Helena, 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. For instance, the median home price in Saint Helena is $163,970, with tax bills ranging from $1,156 at the 25th percentile to $7,121 at the 90th percentile. The zip code 68774 has the highest and lowest median tax bill of $2,029. Being aware of these valuation processes in Saint Helena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Helena Assessed Value
$163,970
Average Cedar County Assessed Value
$117,330
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Helena, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68774 | $37,956 | $87,010 | $163,970 | $335,915 | $714,172 |
Source: Ownwell
Property Tax Bills Across Saint Helena, Nebraska
In Saint Helena, Cedar County, NE, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. For instance, the median home price in Saint Helena is $163,970. The local tax rate is applied to this assessed value to calculate the annual property tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Saint Helena can expect a wide range of property tax bills. The 25th percentile tax bill is $1,156, while the 75th percentile tax bill is $4,143. At the 90th percentile, homeowners might pay as much as $7,121 annually. These property taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the community. While the national median property tax rate is 0.99%, the rates in Saint Helena can vary, reflecting local budgetary needs and property values.
Average Saint Helena Tax Bill
$2,029
Average Cedar County Tax Bill
$1,639
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Helena, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68774 | $434 | $1,156 | $2,029 | $4,143 | $7,121 |
Source: Ownwell