Fillmore County, Nebraska Property Taxes

Local government entities set tax rates, which can vary widely within a state. Annually, 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 Fillmore County's effective property tax rate to other counties in Nebraska or the U.S. median property tax rate. Fillmore County has a median property tax rate of 1.63%, which is significantly higher than the national median of 1.02%. This rate places Fillmore County among the higher taxed areas in Nebraska, with Exeter having the highest median tax rate in the county at 1.82% and Bruning the lowest at 0.83%. This disparity illustrates the variation in property tax rates within the county itself, influenced by local budgetary needs and property values. Understanding these rates can help property owners better anticipate their annual tax obligations and explore potential savings through appeals or exemptions.

In Fillmore County, Nebraska, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $93,580. Homeowners can expect their property tax bills to vary significantly, ranging from the 25th percentile tax bill of $704 to the 90th percentile tax bill of $5,058. The median property tax bill in Fillmore County is notably lower than the national median of $2,400, reflecting Nebraska's generally favorable property tax environment.

Factors influencing property tax bills include the assessed value of the property, which is determined by local assessors, and the specific tax rate established by local taxing authorities. In Fillmore County, the highest median tax bill is in Tobias at $2,637, while the lowest is in Ohiowa at $425. These differences highlight the impact of local tax rates and property values on homeowners' tax obligations. Understanding these factors can help homeowners anticipate their annual tax expenses and plan accordingly.