Dundy County Property Taxes
The median property tax rate in Dundy County is 1.23%, which is significantly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Dundy County at $60,885, the typical annual property tax bill is approximately $729, well below the national median of $2,690. Property taxes in Dundy County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dundy 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 Benkelman or another part of Dundy County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dundy County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$749
-$7,848
Ownwell’s Dundy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dundy with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dundy to estimate your property tax bill. This tool 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 Dundy County, Nebraska
Property taxes in Dundy County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dundy County is 1.23%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Dundy County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dundy 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. The following data compares Dundy County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Haigler has one of the higher property tax rates in Nebraska at 1.37%, while the city of Parks boasts one of the lowest at 0.88%. Analyzing how Dundy County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dundy County Tax Rate
1.23%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Dundy County, Nebraska
In Dundy 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 Dundy 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 Dundy 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, the highest median tax bill in the county is in Parks at $3,537, while the lowest is in Max at $441. Being aware of these valuation processes in Dundy County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dundy County Assessed Value
$60,885
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dundy County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benkelman | $10,428 | $25,954 | $59,630 | $149,140 | $360,892 |
| Enders | $84,048 | $84,048 | $84,048 | $84,048 | $84,048 |
| Haigler | $5,807 | $14,185 | $37,890 | $139,380 | $439,074 |
| Max | $3,833 | $13,306 | $49,945 | $140,994 | $437,156 |
| Parks | $9,010 | $67,228 | $405,475 | $671,745 | $1,051,310 |
| Wauneta | $65,896 | $133,597 | $257,234 | $383,311 | $567,818 |
Source: Ownwell
Property Tax Bills Across Dundy County, Nebraska
In Dundy County, NE, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. The local government sets the tax rate, which is applied to the assessed value to determine the tax bill. Several factors influence the final amount, including the property's location, size, and use. Homeowners in Dundy County can expect significant variations in their tax bills. For instance, the tax bill at the 25th percentile is $277, while at the 75th percentile, it rises to $1,993. The highest tax bills, at the 90th percentile, can reach up to $4,565. The median home price in the county is $60,885, which is considerably lower than the national median. This results in generally lower property tax bills compared to the national median property tax rate of 0.99%. However, individual tax bills can vary widely depending on specific property assessments and local tax rates.
Average Dundy County Tax Bill
$729
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690