Pleasanton, Buffalo County, Nebraska Property Taxes
The median property tax rate in Pleasanton, NE is 1.50%, which is higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Pleasanton at $197,290, the typical annual property tax bill amounts to $3,142, surpassing the national median of $2,690. Property taxes in Pleasanton are based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pleasanton'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 Pleasanton or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pleasanton, Buffalo County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$2,959
$2,746
Ownwell’s Pleasanton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasanton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasanton 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 Pleasanton, Buffalo County, Nebraska
Property taxes in Pleasanton, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasanton is 1.50%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Pleasanton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasanton 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 Pleasanton's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68866 has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with Pleasanton provides valuable insights into the varying tax landscape across Buffalo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasanton Tax Rate
1.50%
Average Buffalo County Tax Rate
1.75%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasanton, Buffalo County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68866 | 1.48% | 1.50% | 1.50% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Pleasanton, Buffalo County, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pleasanton, Nebraska. 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 Buffalo 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 Pleasanton, 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. Pleasanton's median home price is $197,290, with property tax bills ranging from $1,928 at the 25th percentile to $9,485 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 68866, at $3,142. 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 Pleasanton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pleasanton, Buffalo County, Nebraska
Source: Ownwell
$82,235
$159,220
$236,205
Average Pleasanton Assessed Value
$197,290
Average Buffalo County Assessed Value
$185,962
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasanton, Buffalo County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68866 | $68,795 | $117,890 | $197,290 | $338,596 | $633,840 |
Source: Ownwell
Property Tax Bills Across Pleasanton, Buffalo County, Nebraska
In Pleasanton, property tax bills are calculated based on the assessed value of the home, which is determined by the county's assessor's office. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $197,290, homeowners can expect varying tax bills depending on specific factors such as property location and improvements. In Buffalo County, tax bills can range significantly. For example, the 25th percentile tax bill is around $1,928, while the 75th percentile tax bill can reach up to $5,109. The 90th percentile tax bill can be as high as $9,485. This variability highlights the importance of accurately assessing property values and understanding local tax rates. Comparatively, Pleasanton's property tax rate can be higher than the national median property tax rate of 0.99%, affecting homeowners' annual financial planning and overall housing costs. This underscores the importance for homeowners to stay informed about their property's assessed value and potential tax liabilities.
Average Pleasanton Tax Bill
$3,142
Average Buffalo County Tax Bill
$3,186
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasanton, Buffalo County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68866 | $1,008 | $1,928 | $3,142 | $5,109 | $9,485 |
Source: Ownwell