Ewing, Nebraska Property Taxes
The median property tax rate in Ewing, NE is 1.06%, 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 $386,080 in Ewing, the typical annual property tax bill reaches $4,132, significantly exceeding the national median of $2,690. Property taxes in Ewing are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ewing'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 Ewing 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
Ewing, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$4,092
Ownwell’s Ewing Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Ewing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ewing 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 Ewing, Nebraska
Property taxes in Ewing, Nebraska, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Ewing is 1.06%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Ewing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ewing 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 Ewing's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68735 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Ewing provides valuable insights into the varying tax landscape across Antelope County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ewing Tax Rate
1.06%
Average Antelope County Tax Rate
1.29%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ewing, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68735 | 1.04% | 1.05% | 1.06% | 1.06% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Ewing, Nebraska
In Ewing, 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 local 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 Ewing, 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 Ewing helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Antelope County, the highest median tax bill is $4,132 in zip code 68735, which is significantly higher than the national median property tax rate of 0.99%.
Average Ewing Assessed Value
$386,080
Average Antelope County Assessed Value
$117,295
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ewing, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68735 | $122,473 | $259,538 | $386,080 | $763,025 | $950,732 |
Source: Ownwell
Property Tax Bills Across Ewing, Nebraska
Property tax bills in Ewing, located in Antelope County, NE, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For example, the median home price in Ewing is $386,080. Homeowners in the 25th percentile can expect a tax bill of around $2,763, while those in the 75th percentile may see bills as high as $7,826. The 90th percentile tax bill can reach up to $9,652. These figures highlight the range of property tax burdens in the area, with the highest median tax bill recorded at $4,132 in the 68735 zip code. Compared to the national median property tax rate of 0.99%, Ewing's property taxes can significantly impact homeowners, making it essential for them to understand how their tax bills are calculated and what factors are considered.
Average Ewing Tax Bill
$4,132
Average Antelope County Tax Bill
$1,685
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Ewing, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68735 | $1,280 | $2,763 | $4,132 | $7,826 | $9,652 |
Source: Ownwell