Obert, Nebraska Property Taxes
The median property tax rate in Obert, NE is 1.41%, considerably higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Obert, the typical annual property tax bill reaches $1,136, exceeding the national median of $2,690. Property taxes in Obert 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 Obert'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 Obert or another part of Dixon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Obert, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$1,138
-$11,926
Ownwell’s OBERT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in OBERT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in OBERT 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 Obert, Nebraska
Property taxes in Obert, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Obert is 1.41%, significantly higher than the U.S. national median of 0.99%. Local government entities within Obert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Obert 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 Obert's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68757 zip code has the highest median property tax rate of 1.41%, while the 68757 zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Obert provides valuable insights into the varying tax landscape across Dixon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Obert Tax Rate
1.41%
Average Dixon County Tax Rate
1.55%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Obert, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68757 | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Obert, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Obert, Nebraska. The market value represents 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 Dixon 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 Obert, 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 Obert helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Obert's median home price is $80,710, with a consistent median tax bill of $1,136 across the board. The zip code 68757 notably has both the highest and lowest median tax bills at $1,136. This consistency underscores the importance of understanding assessed values and exemptions to ensure fair property tax assessments.
Average Obert Assessed Value
$80,710
Average Dixon County Assessed Value
$96,112
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Obert, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68757 | $80,710 | $80,710 | $80,710 | $80,710 | $80,710 |
Source: Ownwell
Property Tax Bills Across Obert, Nebraska
In Obert, located in Dixon County, NE, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The median home price in Obert is $80,710. Property tax rates in the area are influenced by local government budgets and the needs of public services such as schools, infrastructure, and emergency services. For homeowners in Obert, the median property tax bill is $1,136, which is significantly higher than the national median property tax rate of 0.99%. This higher rate can impact homeowners by increasing their annual financial obligations, which may affect their overall budget and cost of living. Factors such as property improvements, changes in local government budgets, and shifts in the housing market can also influence an individual’s property tax bill. Understanding these elements can help homeowners anticipate changes in their tax obligations and plan accordingly.
Average Obert Tax Bill
$1,136
Average Dixon County Tax Bill
$1,568
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Obert, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68757 | $1,136 | $1,136 | $1,136 | $1,136 | $1,136 |
Source: Ownwell