Wilsonville, Nebraska Property Taxes
The median property tax rate in Wilsonville, NE is 1.09%, slightly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $336,368, the typical annual property tax bill in Wilsonville reaches $3,640, surpassing the national median of $2,690. Property taxes in Wilsonville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Wilsonville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Wilsonville or another part of Red Willow County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilsonville, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$3,666
Ownwell’s Wilsonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilsonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilsonville 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 Wilsonville, Nebraska
Property taxes in Wilsonville, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilsonville is 1.09%, higher than both the Nebraska state median of 1.61% and the U.S. national median of 0.99%. Local government entities within Wilsonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilsonville 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 Wilsonville's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69046 zip code has the highest median property tax rate of 1.09%, while the 69046 zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Wilsonville provides valuable insights into the varying tax landscape across Red Willow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wilsonville Tax Rate
1.09%
Average Red Willow County Tax Rate
1.75%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilsonville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69046 | 0.96% | 1.08% | 1.09% | 1.09% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Wilsonville, Nebraska
In Wilsonville, 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 Red Willow County Assessor 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 Wilsonville, 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. For instance, the median home price in Wilsonville is $336,368, with tax bills ranging from $804 at the 25th percentile to $5,202 at the 90th percentile. By understanding the distinction between 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 Wilsonville Assessed Value
$336,368
Average Red Willow County Assessed Value
$101,885
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wilsonville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69046 | $41,034 | $73,696 | $336,368 | $401,150 | $481,713 |
Source: Ownwell
Property Tax Bills Across Wilsonville, Nebraska
In Wilsonville, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $336,368, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in the 25th percentile might see tax bills around $804, while those in the 75th percentile could face bills as high as $4,369. The highest tax bills, reaching up to $5,202, are typically seen by those in the 90th percentile. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. However, they can significantly impact homeowners' budgets, making it essential for property owners to understand how their tax bills are determined and to explore any available exemptions or appeal options.
Average Wilsonville Tax Bill
$3,640
Average Red Willow County Tax Bill
$1,615
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilsonville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69046 | $451 | $804 | $3,640 | $4,369 | $5,202 |
Source: Ownwell