Wauneta, Nebraska Property Taxes
The median property tax rate in Wauneta, NE is 1.70%, slightly lower than the state median of 1.75% but notably higher than the national median of 0.99%. With a median home value of $53,543, the typical annual property tax bill in Wauneta amounts to $775, which is significantly below the national median of $2,690. Property taxes in Wauneta 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 Wauneta's property tax system and exploring available exemptions can lead to substantial annual savings. Whether you're in the heart of Wauneta or another part of Chase County, gaining insights into the local property tax structure will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wauneta, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.7%
Estimate Property Tax Bill
$910
Ownwell’s Wauneta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wauneta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wauneta 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 Wauneta, Nebraska
Property taxes in Wauneta, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wauneta is 1.70%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Wauneta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wauneta 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 Wauneta's effective property tax rate to other areas in Nebraska and the national median. For comparison, the 69045 zip code has the highest median property tax rate of 1.70%, while the 69033 zip code has the lowest median tax rate of 1.46%. Understanding how these areas compare with Wauneta provides valuable insights into the varying tax landscape across Chase County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wauneta Tax Rate
1.70%
Average Chase County Tax Rate
1.56%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wauneta, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69033 | 1.22% | 1.22% | 1.46% | 1.70% | 1.70% |
| 69045 | 0.87% | 1.22% | 1.70% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Wauneta, Nebraska
In Wauneta, 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 local 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 Wauneta, 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 highest median tax bill in Chase County is $925 in the 69033 zip code, while the lowest median tax bill is $772 in the 69045 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wauneta Assessed Value
$53,543
Average Chase County Assessed Value
$109,606
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wauneta, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69033 | $7,603 | $16,893 | $71,658 | $188,606 | $309,822 |
| 69045 | $14,561 | $27,614 | $53,528 | $94,272 | $258,332 |
Source: Ownwell
Property Tax Bills Across Wauneta, Nebraska
In Wauneta, located in Chase County, NE, property tax bills are determined by assessing the market value of a home and applying the local property tax rate to that value. The median home price in Wauneta is $53,543. Homeowners in this area can expect their property tax bills to vary significantly based on their home's assessed value and the specific tax rate applied. For instance, the tax bill at the 25th percentile is around $378, while at the 75th percentile, it rises to approximately $1,456. At the 90th percentile, the tax bill can reach up to $3,157. The highest median tax bill in the area is $925 in the 69033 zip code, whereas the lowest median tax bill is $772 in the 69045 zip code. These figures illustrate the range of property tax burdens that homeowners in Wauneta might face, influenced by factors such as property value and local tax rates. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Wauneta Tax Bill
$775
Average Chase County Tax Bill
$1,428
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Wauneta, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69033 | $129 | $287 | $925 | $2,294 | $3,767 |
| 69045 | $204 | $382 | $772 | $1,437 | $3,154 |
Source: Ownwell