Geneva, Fillmore County, Nebraska Property Taxes

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

Median Geneva, NE effective property tax rate: 1.63%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Geneva, NE home value: $108,295
Median annual Geneva, NE tax bill: $1,618, $782 lower than the national median property tax bill of $2,400.

How are property taxes in Fillmore calculated?

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

Last Updated March 1, 2025

Geneva, Fillmore County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.63%

Estimate Property Tax Bill

$1,765

$1,638

Ownwell’s Geneva Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Geneva with just two data points. By entering your property's estimated assessed value, our calculator applies Geneva’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 Fillmore County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Geneva, Fillmore County, Nebraska

Local government entities determine tax rates, which can differ significantly 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, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. Geneva, located in Fillmore County, Nebraska, has an effective property tax rate of 1.63%. This rate stands out as it surpasses the national median property tax rate of 1.02%. Such a comparison highlights the disparities in property tax rates across different regions. While Geneva's rate is higher than the national average, it reflects the specific budgetary needs and property values within the county. Understanding these variations is crucial for property owners considering tax appeals or exemptions. Comparing Geneva's rate to other cities in Nebraska and the U.S. provides insight into the broader landscape of property taxation, emphasizing the importance of regional factors in determining tax obligations.

Property Tax Rates Across Geneva, Fillmore County, Nebraska

Source: Ownwell

0.83%

1.32%

1.82%

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 Geneva Taxx Rate

1.63%

Median Effective Fillmore County Taxx Rate

1.63%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Geneva, Fillmore County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68361	0.98%	1.63%	1.63%	1.63%	1.63%

Source: Ownwell

Property Tax Assessment Values Across Geneva, Fillmore County, Nebraska

When examining property taxes in Geneva, NE, 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 Fillmore 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 Fillmore County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Geneva.

For example, the median home price in Geneva is $108,295, with tax bills ranging significantly across the county. Zip code 68361 has the highest median home price at $108,295.

Property Tax Assessment Values Across Geneva, Fillmore County, Nebraska

Source: Ownwell

$34,015

$165,097

$296,178

Median Geneva Market Value

$108,295

Median Fillmore County Market Value

$93,580

Median Nebraska Market Value

$182,439

Median United States Market Value

$244,900

Property Tax Assessment Values Across Geneva, Fillmore County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68361	$32,602	$64,124	$108,295	$176,631	$296,118

Source: Ownwell

Property Tax Bills Across Geneva, Fillmore County, Nebraska

In Geneva, located in Fillmore County, NE, property tax bills are determined by a combination of the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as home size, location, and market conditions. Geneva's median home price is $108,295, with property tax bills typically ranging from $943 at the 25th percentile to $4,286 at the 90th percentile. This variation significantly impacts homeowners, as property taxes can be a substantial financial obligation. Compared to the national median property tax bill of $2,400, Geneva's property taxes can be more burdensome for some residents.

Ownwell can assist homeowners in Geneva by evaluating their property tax assessments to ensure they are fair and accurate. By identifying potential savings through appeals or exemptions, Ownwell helps reduce the financial strain of property taxes. Our expertise in navigating the property tax process ensures homeowners pay only what is necessary, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Geneva, Fillmore County, Nebraska

Source: Ownwell

$425

$1,531

$2,637

Median Geneva Tax Bill

$1,618

Median Fillmore County Tax Bill

$1,380

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,690

Property Tax Bills Across Geneva, Fillmore County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68361	$466	$943	$1,618	$2,755	$4,286

Source: Ownwell