Tilden, Nebraska Property Taxes
The median property tax rate in Tilden, NE is 1.30%, which is higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $131,580 in Tilden, the typical annual property tax bill amounts to $2,067, which is below the national median of $2,690. Property taxes in Tilden 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 Tilden'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 Tilden 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
Tilden, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$1,711
$1,587
Ownwell’s Tilden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tilden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tilden 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 Tilden, Nebraska
Property taxes in Tilden, Nebraska, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tilden is 1.30%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Tilden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tilden 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 Tilden's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68781 zip code has the highest median property tax rate of 1.30%, while the 68781 zip code also has the lowest median tax rate of 1.30%. Understanding how these areas compare with Tilden 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 Tilden Tax Rate
1.30%
Average Antelope County Tax Rate
1.29%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tilden, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68781 | 1.19% | 1.21% | 1.30% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Tilden, Nebraska
In Tilden, 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 Antelope 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 Tilden, 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. With a median home price of $131,580, Tilden's tax bills can vary widely, with the 25th percentile at $975 and the 75th percentile at $5,159. The highest median tax bill in the area is $2,067 in the 68781 zip code. Being aware of these valuation processes in Tilden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tilden Assessed Value
$131,580
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 Tilden, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68781 | $30,770 | $65,955 | $131,580 | $306,855 | $777,480 |
Source: Ownwell
Property Tax Bills Across Tilden, Nebraska
In Tilden, located in Antelope County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Tilden is $131,580, and the property tax rate is determined by various local taxing authorities, including the county, school districts, and other special districts. These authorities set their rates based on budgetary needs, which are then combined to form the overall tax rate applied to a property's assessed value. Homeowners in Tilden can expect their tax bills to vary significantly depending on the assessed value of their property. For instance, the 25th percentile tax bill is around $975, while those in the 75th percentile can see bills as high as $5,159. At the 90th percentile, tax bills can reach up to $9,544. These variations highlight the impact of property assessments and local tax rates on individual tax bills. Comparing this to the national median property tax rate of 0.99%, Tilden homeowners experience a range of tax obligations that can significantly affect their annual expenses.
Average Tilden Tax Bill
$2,067
Average Antelope County Tax Bill
$1,685
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Tilden, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68781 | $432 | $975 | $2,067 | $5,159 | $9,544 |
Source: Ownwell