Box Butte County Property Taxes
The median property tax rate in Box Butte County is 1.82%, 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 Box Butte County, the typical annual property tax bill reaches $1,818, which is still below the national median of $2,690. Property taxes in Box Butte 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 Box Butte 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 Alliance or another part of Box Butte County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Box Butte County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.82%
Estimate Property Tax Bill
$1,879
$1,743
Ownwell’s Box Butte Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Box Butte with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Box Butte 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 Box Butte County, Nebraska
Property taxes in Box Butte County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Box Butte County is 1.82%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Box Butte County set these rates annually, and they can vary significantly between different areas within the county. Each year, Box Butte 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. For comparison, the city of Alliance has one of the higher property tax rates in Nebraska at 1.82%, while the city of Marsland boasts one of the lowest at 1.35%. Analyzing how Box Butte County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Box Butte County Tax Rate
1.82%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Box Butte County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | 1.51% | 1.82% | 1.82% | 1.82% | 1.82% |
| Hemingford | 1.34% | 1.36% | 1.81% | 1.81% | 1.81% |
| Marsland | 1.34% | 1.35% | 1.35% | 1.35% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Box Butte County, Nebraska
In Box Butte, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Box Butte 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 Box Butte 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 instance, in Marsland, the highest median tax bill reaches $4,809, while Hemingford has the lowest at $1,809. Being aware of these valuation processes in Box Butte will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Box Butte County, Nebraska
Source: Ownwell
$102,019
$228,118
$354,217
Average Box Butte County Assessed Value
$103,215
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Box Butte County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | $23,217 | $59,978 | $102,019 | $154,602 | $218,545 |
| Hemingford | $20,418 | $56,464 | $114,797 | $214,011 | $398,482 |
| Marsland | $108,670 | $170,948 | $354,217 | $425,156 | $480,722 |
Source: Ownwell
Property Tax Bills Across Box Butte County, Nebraska
In Box Butte County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the county is $103,215. Homeowners' tax bills vary significantly, influenced by the assessed property value and the local tax rate. For instance, the 25th percentile tax bill is $961, while the 75th percentile tax bill rises to $2,800, and the 90th percentile tax bill can reach $3,962. These figures reflect the range of property values and the varying tax burdens on homeowners. Several factors affect the tax bill, including property location, market conditions, and any applicable exemptions or deductions. Box Butte County's property tax rate is competitive when compared to the national median property tax rate of 0.99%. For example, Marsland has the highest median tax bill at $4,809, while Hemingford has the lowest at $1,809. Understanding these elements helps homeowners anticipate their financial obligations and plan accordingly.
Average Box Butte County Tax Bill
$1,818
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Box Butte County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | $335 | $986 | $1,817 | $2,762 | $3,752 |
| Hemingford | $290 | $835 | $1,809 | $3,099 | $5,430 |
| Marsland | $1,432 | $1,685 | $4,809 | $5,723 | $6,442 |
Source: Ownwell