Waterbury, Dixon County, Nebraska Property Taxes

Name: Property Tax Bills Across Waterbury, Dixon County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Waterbury, NE effective property tax rate: 1.36%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Waterbury, NE home value: $79,595
Median annual Waterbury, NE tax bill: $1,270, $1,130 lower than the national median property tax bill of $2,400.

How are property taxes in Dixon calculated?

Property taxes in Waterbury, 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 Waterbury’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Waterbury, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Waterbury, Dixon County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.36%

Estimate Property Tax Bill

$1,082

$1,005

Ownwell’s Waterbury Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Waterbury with just two data points. By entering your property's estimated assessed value, our calculator applies Waterbury’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 Waterbury, Dixon County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county determines its required budget annually to provide essential services and then divides that by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While votes and legislative processes are involved in setting these rates and budgets, this is the basic annual procedure. In Waterbury, Dixon County, Nebraska, the effective property tax rate stands at 1.36%, notably higher than the national median of 1.02%. This rate is consistent across the state, as seen in zip code 68785, which also reports a 1.36% tax rate. Comparing this to the national landscape, residents in Waterbury face higher property tax rates than the U.S. median. Understanding these rates can help property owners make informed decisions when considering property tax appeals or exemptions.

Property Tax Rates Across Waterbury, Dixon County, Nebraska

Source: Ownwell

0.94%

1.42%

1.91%

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 Waterbury Taxx Rate

1.36%

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 Waterbury, Dixon County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68785	1.15%	1.15%	1.36%	1.74%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Waterbury, Dixon County, Nebraska

When examining property taxes in Waterbury, 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.

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 Waterbury.

For example, the median home price in Waterbury is $79,595, with tax bills ranging significantly across the county. Zip code 68785 has the highest median home price at $79,595.

Property Tax Assessment Values Across Waterbury, Dixon County, Nebraska

Source: Ownwell

$43,135

$210,183

$377,230

Median Waterbury Market Value

$79,595

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 Waterbury, Dixon County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68785	$3,112	$33,720	$79,595	$194,020	$350,343

Source: Ownwell

Property Tax Bills Across Waterbury, Dixon County, Nebraska

In Waterbury, Nebraska, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in Waterbury is $79,595. Homeowners in Waterbury face property tax bills that vary widely, with the 25th percentile at $500 and the 75th percentile reaching $2,296. The tax bill can be as high as $4,506 for those in the 90th percentile. These figures highlight the significant impact property taxes can have on household budgets. Homeowners in Waterbury often find themselves paying more than the national median property tax bill of $2,400. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners in Waterbury achieve significant savings, ensuring they pay only their fair share. This service is crucial for maintaining financial stability and maximizing the benefits of homeownership in the area.

Property Tax Bills Across Waterbury, Dixon County, Nebraska

Source: Ownwell

$506

$2,654

$4,802

Median Waterbury Tax Bill

$1,270

Median Dixon County Tax Bill

$1,568

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,690

Property Tax Bills Across Waterbury, Dixon County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68785	$50	$500	$1,270	$2,296	$4,506

Source: Ownwell