Orleans, Nebraska Property Taxes
The median property tax rate in Orleans, NE is 1.73%, slightly lower than the state median of 1.75% but still significantly higher than the national median of 0.99%. With a median home value of $50,969, the typical annual property tax bill in Orleans amounts to $914, which is below the national median of $2,690. Property taxes in Orleans are determined based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Navigating Orleans' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Orleans or another part of Harlan County, understanding the local property tax system is crucial for both homeowners and real estate investors.
Last Updated June 14, 2024
Orleans, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.73%
Estimate Property Tax Bill
$882
Ownwell’s Orleans Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Orleans with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orleans to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, and it accounts for any applicable exemptions.
Property Tax Rates Across Orleans, Nebraska
Property taxes in Orleans, Nebraska, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Orleans is 1.73%, significantly higher than both the Nebraska state median of 1.61% and the U.S. national median of 0.99%. Local government entities within Orleans set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orleans 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 Orleans' effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68966 zip code has the highest median property tax rate of 1.73%, while the same zip code also has the lowest median tax rate of 1.73%. Understanding how these cities compare with Orleans provides valuable insights into the varying tax landscape across Harlan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orleans Tax Rate
1.73%
Average Harlan County Tax Rate
1.53%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orleans, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68966 | 1.17% | 1.24% | 1.73% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Orleans, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Orleans, 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 Harlan 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 Orleans, 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 Orleans is $50,969, with tax bills ranging from the 25th percentile at $343 to the 90th percentile at $3,626. Notably, the highest and lowest median tax bills are both found in the 68966 zip code, each at $914. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Orleans Assessed Value
$50,969
Average Harlan County Assessed Value
$72,830
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orleans, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68966 | $8,957 | $18,578 | $50,969 | $135,167 | $288,411 |
Source: Ownwell
Property Tax Bills Across Orleans, Nebraska
In Orleans, located in Harlan County, NE, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor’s office and is meant to reflect the market value of the property. For a median home price of $50,969, homeowners can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $343, while at the 75th percentile, it rises to approximately $2,006. At the high end, the 90th percentile tax bill reaches $3,626. Several factors influence these tax bills, including property location, home size, and any applicable exemptions. Homeowners in the zip code 68966 experience a median tax bill of $914, which is notably lower compared to the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Orleans Tax Bill
$914
Average Harlan County Tax Bill
$1,149
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Orleans, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68966 | $165 | $343 | $914 | $2,006 | $3,626 |
Source: Ownwell