Boyd County, Nebraska Property Taxes

Name: Property Tax Bills Across Boyd County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Boyd County effective property tax rate: 1.36%, significantly higher than the national median of 1.02%.
Median Boyd County home value: $47,040
Median annual Boyd County tax bill: $645, $1,755 lower than the national median property tax bill of $2,400.

How are property taxes in Boyd County calculated?

Property taxes in Boyd County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Butte or another part of Boyd County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Boyd County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.36%

Estimate Property Tax Bill

$640

$594

Ownwell’s Boyd County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Boyd County with just two data points. By entering your property's estimated assessed value, our calculator applies Boyd County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Boyd County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Boyd County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

Boyd County's effective property tax rate stands at 1.36%, which is notably higher than the national median property tax rate of 1.02%. Within Nebraska, the highest median tax rate is found in Butte at 1.54%, while Lynch boasts the lowest at 1.05%. These figures illustrate the diversity in tax rates across different regions. Property owners in Boyd County face a tax rate that is above the national average, emphasizing the importance of understanding local tax obligations. By comparing Boyd County's tax rate to other counties in Nebraska and the U.S. median, property owners can gain valuable insights into their relative tax burden.

Property Tax Rates Across Boyd County, Nebraska

Source: Ownwell

1.05%

1.29%

1.54%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Boyd County Taxx Rate

1.36%

Median Effective Nebraska Taxx Rate

1.75%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Boyd County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bristow	1.03%	1.04%	1.49%	1.49%	1.49%
Butte	1.03%	1.04%	1.54%	1.54%	1.54%
Lynch	1.02%	1.04%	1.05%	1.36%	1.36%
Naper	1.04%	1.04%	1.05%	1.50%	1.50%
Spencer	1.03%	1.04%	1.49%	1.49%	1.49%

Source: Ownwell

Property Tax Assessment Values Across Boyd County, Nebraska

When examining property taxes in Boyd County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Boyd County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Boyd County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Boyd County. For example, the median tax bill in Boyd County is $1,695, with tax bills ranging significantly across the county. Naper has the highest median home price at $131,570.

Property Tax Assessment Values Across Boyd County, Nebraska

Source: Ownwell

$20,165

$75,868

$131,570

Median Boyd County Market Value

$47,040

Median Nebraska Market Value

$182,439

Median United States Market Value

$244,900

Property Tax Assessment Values Across Boyd County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bristow	$5,195	$8,590	$20,165	$120,935	$423,490
Butte	$6,772	$17,798	$42,960	$126,298	$372,106
Lynch	$8,134	$14,950	$36,815	$77,921	$278,610
Naper	$6,205	$21,610	$131,570	$358,555	$564,061
Spencer	$11,866	$28,048	$60,298	$149,908	$388,158

Source: Ownwell

Property Tax Bills Across Boyd County, Nebraska

Property tax bills in Boyd County, NE are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value, and this value is then multiplied by the local tax rate to determine the property tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Boyd County, the median home price is $47,040, which results in varying tax bills across different percentiles. For instance, the 25th percentile tax bill is $233, while the 75th percentile tax bill reaches $2,122, and the 90th percentile climbs to $4,311. Within the county, Naper boasts the highest median tax bill at $1,695, while Bristow has the lowest at $300. These property tax bills can significantly impact homeowners, as they are a recurring expense that must be budgeted for annually. Understanding the factors that influence these tax bills can help homeowners better manage their finances.

Property Tax Bills Across Boyd County, Nebraska

Source: Ownwell

$300

$998

$1,695

Median Boyd County Tax Bill

$645

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,690

Property Tax Bills Across Boyd County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bristow	$76	$128	$300	$1,327	$4,443
Butte	$88	$256	$652	$1,598	$3,863
Lynch	$89	$152	$451	$982	$2,875
Naper	$84	$265	$1,695	$3,756	$5,843
Spencer	$151	$402	$860	$2,026	$4,109

Source: Ownwell