Brown County Property Taxes
The median property tax rate in Brown County is 1.50%, which is notably higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Brown County at $87,245, the typical annual property tax bill amounts to $1,181, which is considerably less than the national median of $2,690. Property taxes in Brown County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Brown 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 Ainsworth or another part of Brown County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brown County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$1,309
$1,214
Ownwell’s Brown County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Brown County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Brown County 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 Brown County, Nebraska
Property taxes in Brown County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Brown County is 1.50%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Brown County set these rates annually, and they can vary significantly between different areas within the county. Each year, Brown 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 Ainsworth has one of the higher property tax rates in the region at 1.57%, while the city of Purdum boasts one of the lowest at 1.00%. Analyzing how Brown County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Brown County Tax Rate
1.50%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Brown County, Nebraska
In Brown County, 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 Brown County 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 Brown County 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, Purdum has the highest median tax bill at $7,715, while Long Pine has the lowest at $1,122. Being aware of these valuation processes in Brown County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Brown County Assessed Value
$87,245
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brown County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ainsworth | $18,982 | $44,189 | $84,072 | $151,300 | $357,464 |
Bassett | $175,485 | $175,485 | $175,485 | $175,485 | $175,485 |
Johnstown | $17,571 | $48,642 | $153,600 | $436,750 | $716,312 |
Long Pine | $15,522 | $36,305 | $88,885 | $219,720 | $421,373 |
Purdum | $771,130 | $771,130 | $771,130 | $771,130 | $771,130 |
Wood Lake | $432,550 | $432,550 | $432,550 | $432,550 | $432,550 |
Source: Ownwell
Property Tax Bills Across Brown County, Nebraska
In Brown County, NE, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Brown County face varying tax bills depending on their property's value and the specific tax rates set by local taxing authorities. For instance, the median home price in the county is $87,245. Tax bills can range significantly, with the 25th percentile at $551 and the 75th percentile reaching $2,260, while the 90th percentile can go as high as $4,530. Factors influencing the tax bill include the property's location, any applicable exemptions, and the specific rates imposed by local entities like school districts and municipalities. The highest median tax bill in the county is $7,715 in Purdum, while the lowest is $1,122 in Long Pine. These property taxes fund essential services such as schools, roads, and emergency services, directly impacting the quality of life for homeowners.
Average Brown County Tax Bill
$1,181
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690