Brownlee, Nebraska Property Taxes
The median property tax rate in Brownlee, NE is 0.82%, which is lower than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Brownlee at $21,681, the typical annual property tax bill is $178, significantly below the national median of $2,690. Property taxes in Brownlee are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Brownlee'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 Brownlee or another part of Cherry County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownlee, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$178
Ownwell’s Brownlee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownlee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownlee 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 Brownlee, Nebraska
Property taxes in Brownlee, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownlee is 0.82%, which is lower than the U.S. national median of 0.99%. Local government entities within Brownlee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownlee 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 Brownlee's effective property tax rate to other areas in Nebraska and the national median. For comparison, the zip code 69166 has both the highest and the lowest median property tax rate of 0.82%. Understanding how these areas compare with Brownlee provides valuable insights into the varying tax landscape across Cherry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownlee Tax Rate
0.82%
Average Cherry County Tax Rate
0.87%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownlee, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69166 | 0.80% | 0.81% | 0.82% | 0.82% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Brownlee, Nebraska
In Brownlee, 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 Cherry County Appraisal District 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 Brownlee, 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. Being aware of these valuation processes in Brownlee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area, both at $178, are found in zip code 69166.
Average Brownlee Assessed Value
$21,681
Average Cherry County Assessed Value
$139,100
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownlee, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69166 | $15,983 | $18,120 | $21,681 | $30,016 | $35,017 |
Source: Ownwell
Property Tax Bills Across Brownlee, Nebraska
In Brownlee, Cherry County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value, reflecting the property's worth. For homeowners in Brownlee, the median home price stands at $21,681. Various factors such as property size, location, and improvements are considered in determining the assessed value. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For instance, homeowners in the 25th percentile pay around $147, while those in the 75th percentile face bills of approximately $247. The 90th percentile sees tax bills around $289. These figures highlight the range of property taxes within the area, emphasizing how property values and tax rates impact homeowners. In comparison, the national median property tax rate is 0.99%, making Brownlee's property tax environment relatively favorable for residents.
Average Brownlee Tax Bill
$178
Average Cherry County Tax Bill
$1,288
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownlee, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69166 | $128 | $147 | $178 | $247 | $289 |
Source: Ownwell