Morrill County Property Taxes
The median property tax rate in Morrill County is 1.83%, which is significantly higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Morrill County at $78,985, the typical annual property tax bill reaches $1,479, exceeding the national median of $2,690. Property taxes in Morrill County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Morrill 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 Bridgeport or another part of Morrill County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Morrill County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.83%
Estimate Property Tax Bill
$1,445
Ownwell’s Morrill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Morrill with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Morrill to estimate your property tax bill. This insight 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 Morrill County, Nebraska
Property taxes in Morrill County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Morrill County is 1.83%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Morrill County set these rates annually, and they can vary significantly between different areas within the county. Each year, Morrill 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 Morrill County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Bridgeport has one of the higher property tax rates in Nebraska at 2.04%, while the city of Dalton boasts one of the lowest at 1.38%. Analyzing how Morrill County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Morrill County Tax Rate
1.83%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morrill County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | 1.57% | 1.58% | 1.58% | 1.59% | 1.61% |
| Angora | 1.56% | 1.58% | 1.59% | 1.60% | 1.62% |
| Bayard | 1.62% | 1.63% | 2.04% | 2.04% | 2.04% |
| Bridgeport | 1.59% | 1.61% | 2.04% | 2.04% | 2.04% |
| Broadwater | 0.88% | 1.39% | 1.63% | 1.80% | 2.03% |
| Dalton | 1.06% | 1.37% | 1.38% | 1.39% | 1.52% |
| Minatare | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Morrill County, Nebraska
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Morrill County, Nebraska. 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 Morrill 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 Morrill 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 example, Dalton has the highest median tax bill at $3,176, while Broadwater has the lowest at $1,015. Being aware of these valuation processes in Morrill County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Morrill County, Nebraska
Source: Ownwell
$61,740
$130,550
$199,360
Average Morrill County Assessed Value
$78,985
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morrill County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | $78,888 | $108,675 | $148,995 | $189,502 | $240,610 |
| Angora | $58,070 | $90,592 | $184,005 | $311,192 | $479,705 |
| Bayard | $10,790 | $37,329 | $79,705 | $145,498 | $236,745 |
| Bridgeport | $7,596 | $31,949 | $73,470 | $139,368 | $282,804 |
| Broadwater | $5,635 | $19,008 | $61,740 | $199,522 | $362,769 |
| Dalton | $111,133 | $170,658 | $199,360 | $260,030 | $366,685 |
| Minatare | $157,200 | $157,200 | $157,200 | $157,200 | $157,200 |
Source: Ownwell
Property Tax Bills Across Morrill County, Nebraska
In Morrill County, NE, property tax bills are calculated based on the assessed value of a home. This value is determined by local assessors who evaluate the property's market value and apply an assessment ratio. The county's tax rate is then applied to the assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For example, with a median home price of $78,985, the tax bills in Morrill County vary significantly. The 25th percentile tax bill is $595, while the 75th percentile reaches $2,782, and the 90th percentile can be as high as $4,870. These variations highlight the impact of property characteristics and local tax rates on homeowners. Comparatively, the national median property tax rate is 0.99%, which can help homeowners understand their tax burden relative to other regions. In Morrill County, cities like Dalton and Broadwater show a range of tax bills, with Dalton having the highest median tax bill at $3,176, and Broadwater the lowest at $1,015.
Average Morrill County Tax Bill
$1,479
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Morrill County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | $1,247 | $1,744 | $2,355 | $2,993 | $3,849 |
| Angora | $930 | $1,435 | $2,920 | $4,981 | $7,487 |
| Bayard | $184 | $654 | $1,499 | $2,652 | $4,250 |
| Bridgeport | $154 | $583 | $1,410 | $2,700 | $5,021 |
| Broadwater | $90 | $261 | $1,015 | $2,816 | $5,275 |
| Dalton | $1,486 | $2,360 | $3,176 | $3,564 | $4,550 |
| Minatare | $2,566 | $2,566 | $2,566 | $2,566 | $2,566 |
Source: Ownwell