Gurley, Nebraska Property Taxes
The median property tax rate in Gurley, NE is 1.78%, considerably higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Gurley, the typical annual property tax bill reaches $987, falling below the national median of $2,690. Property taxes in Gurley are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Gurley'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 Gurley or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gurley, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$1,108
$1,028
Ownwell’s Gurley Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gurley with just two simple data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gurley to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed insights, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value is determined by the county for property tax purposes and includes any applicable exemptions.
Property Tax Rates Across Gurley, Nebraska
Property taxes in Gurley, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gurley is 1.78%, significantly higher than the U.S. national median of 0.99%. Local government entities within Gurley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gurley 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 Gurley's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69141 zip code has both the highest and lowest median property tax rate of 1.78%. Understanding how these cities compare with Gurley provides valuable insights into the varying tax landscape across Cheyenne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gurley Tax Rate
1.78%
Average Cheyenne County Tax Rate
2.32%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gurley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69141 | 1.41% | 1.42% | 1.78% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Gurley, Nebraska
In Gurley, 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 Cheyenne 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 Gurley, 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 Gurley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 69141, with a median tax bill of $987.00, which is significantly lower than the national median property tax rate of 0.99%.
Average Gurley Assessed Value
$62,233
Average Cheyenne County Assessed Value
$91,196
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gurley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69141 | $13,680 | $25,203 | $62,233 | $170,751 | $279,722 |
Source: Ownwell
Property Tax Bills Across Gurley, Nebraska
In Gurley, located in Cheyenne County, NE, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the property's market value. Homeowners in Gurley experience a range of property tax bills, with the 25th percentile at $455 and the 75th percentile at $2,373. The highest median tax bill recorded in the area is $987.00, which is consistent across the zip code 69141. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, homeowners in Gurley may find their tax obligations vary significantly depending on their property's value and specific local rates. These property taxes fund essential public services such as schools, infrastructure, and emergency services, impacting the overall quality of life for residents. Understanding these factors helps homeowners anticipate their annual tax responsibilities and manage their finances accordingly.
Average Gurley Tax Bill
$987
Average Cheyenne County Tax Bill
$1,857
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Gurley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69141 | $235 | $455 | $987 | $2,373 | $3,886 |
Source: Ownwell