Pilger, Nebraska Property Taxes
The median property tax rate in Pilger, NE is 0.99%, which aligns with the national median of 0.99% but is significantly lower than the Nebraska state median of 1.75%. With a median home value of $176,460 in Pilger, the typical annual property tax bill amounts to $1,605, which is below the national median of $2,690. Property taxes in Pilger are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Pilger's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Pilger or another part of Cuming County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pilger, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,747
Ownwell’s Pilger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pilger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pilger 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 Pilger, Nebraska
Property taxes in Pilger, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pilger is 1.76%, significantly higher than both the Nebraska state median of 1.61% and the U.S. national median of 0.99%. Local government entities within Pilger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pilger 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 Pilger's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68768 zip code has the highest median property tax rate of 1.76%, while the same zip code also has the lowest median tax rate of 1.76%. Understanding how these cities compare with Pilger provides valuable insights into the varying tax landscape across Cuming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pilger Tax Rate
0.99%
Average Cuming County Tax Rate
1.19%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pilger, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68768 | 0.91% | 0.96% | 0.99% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Pilger, Nebraska
In Pilger, 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 Cuming 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 Pilger, 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 Pilger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pilger is $176,460, with the 25th percentile tax bill at $901 and the 90th percentile reaching $10,219. The highest and lowest median tax bills both stand at $1,605 in the 68768 zip code.
Average Pilger Assessed Value
$176,460
Average Cuming County Assessed Value
$148,485
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pilger, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68768 | $51,281 | $91,408 | $176,460 | $523,194 | $1,034,347 |
Source: Ownwell
Property Tax Bills Across Pilger, Nebraska
Property tax bills in Pilger, located in Cuming County, NE, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the estimated market value of the property. Factors such as property size, location, and condition play a significant role in this assessment. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Homeowners in Pilger experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $901, while at the 75th percentile, it rises to $4,993. The tax bill at the 90th percentile can reach as high as $10,219. The median home price in Pilger is $176,460, and the median property tax bill is $1,605, which is notably lower than the national median property tax rate of 0.99%. This system of property taxation ensures that homeowners contribute to local services such as schools and infrastructure based on the value of their property.
Average Pilger Tax Bill
$1,605
Average Cuming County Tax Bill
$1,766
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Pilger, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68768 | $507 | $901 | $1,605 | $4,993 | $10,219 |
Source: Ownwell