Juniata, Nebraska Property Taxes
The median property tax rate in Juniata, NE is 1.70%, which is significantly higher than the national median of 0.99% but slightly lower than the Nebraska state median of 1.75%. With a median home value of $216,168, the typical annual property tax bill in Juniata amounts to $3,134, surpassing the national median of $2,690. Property taxes here 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 Juniata'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 Juniata or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Juniata, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.7%
Estimate Property Tax Bill
$3,675
$3,410
Ownwell’s Juniata Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Juniata with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Juniata to estimate your property tax bill. This intuitive tool helps you grasp potential tax liabilities. For those interested in more localized trends, further detailed information is available below. Your property’s assessed value is determined by the county and is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Juniata, Nebraska
Property taxes in Juniata, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Juniata is 1.70%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Juniata set these rates annually, and they can vary significantly across different neighborhoods. Each year, Juniata 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. Understanding how these cities compare with Juniata provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Juniata Tax Rate
1.70%
Average Adams County Tax Rate
2.25%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Juniata, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68955 | 1.26% | 1.28% | 1.70% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Juniata, Nebraska
In Juniata, 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 Adams 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 Juniata, 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. Being aware of these valuation processes in Juniata helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $3,134 in zip code 68955, providing a clear benchmark for property tax expectations.
Average Juniata Assessed Value
$216,168
Average Adams County Assessed Value
$124,114
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Juniata, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68955 | $64,934 | $125,994 | $216,168 | $302,807 | $456,876 |
Source: Ownwell
Property Tax Bills Across Juniata, Nebraska
In Juniata, property tax bills are calculated based on the assessed value of a property, which is determined by the Adams County assessor's office. The assessed value is a percentage of the market value of the home. Homeowners in Juniata typically face a property tax rate that is influenced by local government budgets and school district funding needs. For example, with a median home price of $216,168, property taxes can vary significantly. The tax bill at the 25th percentile is around $1,926, while those at the 75th percentile can reach up to $4,797. At the 90th percentile, homeowners might see tax bills as high as $6,379. The highest median tax bill in the area is $3,134, which is notably higher than the national median property tax rate of 0.99%. These taxes are essential for funding public services such as schools, emergency services, and infrastructure, directly impacting the quality of life for residents. Understanding these factors helps homeowners in Juniata anticipate their annual property tax obligations and plan accordingly.
Average Juniata Tax Bill
$3,134
Average Adams County Tax Bill
$2,530
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Juniata, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68955 | $599 | $1,926 | $3,134 | $4,797 | $6,379 |
Source: Ownwell