Dakota County Property Taxes
The median property tax rate in Dakota County is 1.91%, which is significantly higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Dakota County at $134,320, the typical annual property tax bill reaches $2,267, slightly below the national median of $2,690. Property taxes in Dakota County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dakota 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 South Sioux City or another part of Dakota County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dakota County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.91%
Estimate Property Tax Bill
$2,566
Ownwell’s Dakota County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dakota County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dakota 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 Dakota County, Nebraska
Property taxes in Dakota County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dakota County is 1.91%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Dakota County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dakota 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 Dakota City has one of the higher property tax rates in Nebraska at 2.04%, while the city of Waterbury boasts one of the lowest at 1.19%. Analyzing how Dakota County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dakota County Tax Rate
1.91%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dakota County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dakota City | 1.13% | 1.15% | 2.04% | 2.04% | 2.04% |
| Emerson | 1.15% | 1.20% | 1.60% | 1.60% | 1.60% |
| Homer | 1.14% | 1.15% | 1.33% | 1.33% | 1.34% |
| Hubbard | 1.13% | 1.15% | 1.20% | 1.23% | 1.60% |
| Jackson | 1.14% | 1.52% | 1.56% | 1.57% | 1.93% |
| Ponca | 1.56% | 1.56% | 1.57% | 1.57% | 1.57% |
| South Sioux City | 1.54% | 1.91% | 1.91% | 1.91% | 1.91% |
| Waterbury | 1.16% | 1.18% | 1.19% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Dakota County, Nebraska
In Dakota 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 Dakota 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 Dakota 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, Ponca has the highest median tax bill at $2,907, while Emerson has the lowest at $1,755. Being aware of these valuation processes in Dakota County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Dakota County, Nebraska
Source: Ownwell
$125,420
$179,933
$234,445
Average Dakota County Assessed Value
$134,320
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dakota County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dakota City | $63,309 | $107,245 | $149,980 | $204,055 | $298,445 |
| Emerson | $50,622 | $79,218 | $128,268 | $203,859 | $397,645 |
| Homer | $56,246 | $87,578 | $147,260 | $213,915 | $305,733 |
| Hubbard | $57,768 | $101,541 | $189,902 | $294,440 | $423,263 |
| Jackson | $76,765 | $121,548 | $191,262 | $280,272 | $408,426 |
| Ponca | $57,738 | $94,299 | $188,572 | $288,485 | $392,708 |
| South Sioux City | $24,343 | $70,240 | $125,420 | $175,885 | $234,456 |
| Waterbury | $133,035 | $163,170 | $234,445 | $325,288 | $559,935 |
Source: Ownwell
Property Tax Bills Across Dakota County, Nebraska
In Dakota County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Dakota County is $134,320, and property tax bills can vary significantly depending on the assessed value and specific tax rate applied. Several factors influence the tax bill, including the home's market value, local government budgets, and specific levies for schools, infrastructure, and other public services. For instance, homeowners in Dakota County can expect a tax bill ranging from $1,169 at the 25th percentile to $4,483 at the 90th percentile. The highest median tax bill in the county is in Ponca at $2,907, while Emerson has the lowest at $1,755. These variations impact homeowners by affecting their annual financial planning and overall affordability of their property.
Average Dakota County Tax Bill
$2,267
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Dakota County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dakota City | $380 | $1,639 | $2,605 | $3,475 | $4,843 |
| Emerson | $492 | $1,014 | $1,755 | $2,703 | $4,884 |
| Homer | $638 | $1,043 | $1,811 | $2,581 | $3,744 |
| Hubbard | $612 | $1,308 | $2,300 | $3,506 | $4,975 |
| Jackson | $982 | $1,723 | $2,821 | $4,508 | $6,094 |
| Ponca | $781 | $1,336 | $2,907 | $4,511 | $6,149 |
| South Sioux City | $150 | $1,095 | $2,228 | $3,214 | $4,286 |
| Waterbury | $1,566 | $1,837 | $2,752 | $3,634 | $6,686 |
Source: Ownwell