Laurel, Dixon County, Nebraska Property Taxes
Median Laurel, NE effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Laurel, NE home value: $198,488
Median annual Laurel, NE tax bill: $2,452, $52 higher than the national median property tax bill of $2,400.
How are property taxes in Dixon County calculated?
Property taxes in Laurel, NE are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Laurel’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Laurel, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Laurel, Dixon County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.29%
Estimate Property Tax Bill
$2,560
$2,376
Ownwell’s Laurel Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Laurel with just two data points.
By entering your property's estimated assessed value, our calculator applies Laurel’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Dixon County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Laurel, Dixon County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Laurel’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
Laurel, located in Dixon County, has a median property tax rate of 1.29%, which is notably higher than the national median of 1.02%. This places Laurel among the cities with the highest property tax rates in Nebraska. It reflects the local government's budgetary needs and the value of taxable properties in the area. Property owners in Laurel pay a higher property tax bill compared to the national median, which underscores the importance of exploring property tax appeal and exemption services. Understanding these rates can help property owners manage their expenses more effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Laurel Taxx Rate
1.29%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Dixon County Taxx Rate
1.55%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Laurel, Dixon County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68745 | 1.18% | 1.26% | 1.29% | 1.32% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Laurel, Dixon County, Nebraska
When examining property taxes in Laurel, Nebraska, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Dixon County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Dixon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Laurel.
For example, the median home price in Laurel is $198,488, with tax bills ranging significantly across the county. Zip code 68745 has the highest median home price at $198,488.
Property Tax Assessment Values Across Laurel, Dixon County, Nebraska
Source: Ownwell
$43,135
$210,183
$377,230
Median Laurel Market Value
$198,488
Median Dixon County Market Value
$96,112
Median Nebraska Market Value
$182,439
Median United States Market Value
$244,900
Property Tax Assessment Values Across Laurel, Dixon County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68745 | $145,052 | $161,835 | $198,488 | $258,390 | $276,078 |
Source: Ownwell
Property Tax Bills Across Laurel, Dixon County, Nebraska
In Laurel, located in Dixon County, NE, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $198,488, and the property's assessed value is a critical factor in determining the tax bill. The tax rate is applied to this assessed value, resulting in a tax bill that can vary significantly among homeowners. For instance, the 25th percentile tax bill is $1,964, while the 75th percentile reaches $3,296, and the 90th percentile hits $3,550. These figures are notably higher than the national median property tax bill of $2,400, impacting homeowners' financial planning.
Ownwell provides a solution for homeowners looking to reduce their property tax burden. By leveraging expert knowledge in property tax appeals and exemptions, Ownwell can help identify potential savings and ensure homeowners are not overpaying. This service can be particularly beneficial in areas like Laurel, where property tax bills can exceed national averages, offering homeowners peace of mind and potential financial relief.
Median Laurel Tax Bill
$2,452
Median Dixon County Tax Bill
$1,568
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,690
Property Tax Bills Across Laurel, Dixon County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68745 | $1,711 | $1,964 | $2,452 | $3,296 | $3,550 |
Source: Ownwell