Curtis, Nebraska Property Taxes
The median property tax rate in Curtis, NE is 1.60%, which is considerably higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $87,585 in Curtis, the typical annual property tax bill is $1,326, lower than the national median of $2,690. Property taxes in Curtis are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Curtis'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 Curtis or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Curtis, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.6%
Estimate Property Tax Bill
$1,401
Ownwell’s Curtis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Curtis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Curtis 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 Curtis, Nebraska
Property taxes in Curtis, Nebraska, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Curtis is 1.60%, significantly higher than the U.S. national median of 0.99%. Local government entities within Curtis set these rates annually, and they can vary across different neighborhoods. Each year, Curtis 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 Curtis's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 69025 in Frontier County has the highest median property tax rate of 1.60%, while the same zip code also has the lowest median tax rate of 1.60%. Understanding how these areas compare with Curtis provides valuable insights into the varying tax landscape across Frontier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Curtis Tax Rate
1.60%
Average Frontier County Tax Rate
1.50%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Curtis, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69025 | 1.02% | 1.58% | 1.60% | 1.63% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Curtis, Nebraska
In Curtis, Nebraska, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is 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 Frontier 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 Curtis, 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 Curtis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 69025 has the highest and lowest median tax bill, both at $1,326, reflecting the uniformity in tax assessments within the area.
Average Curtis Assessed Value
$87,585
Average Frontier County Assessed Value
$86,548
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Curtis, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69025 | $27,144 | $51,532 | $87,585 | $142,199 | $199,320 |
Source: Ownwell
Property Tax Bills Across Curtis, Nebraska
In Curtis, Frontier County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate, or mill levy, is applied to calculate the tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For homeowners in Curtis, the median home price is $87,585. Property tax bills can vary significantly, with the 25th percentile at $726 and the 90th percentile reaching up to $2,780. These variations reflect differences in property values and the specific mill levy applied by local taxing authorities. Homeowners in Curtis may find their property tax bills higher or lower depending on these assessments and local rates. Compared to the national median property tax rate of 0.99%, Curtis's tax bills offer a comparative perspective on local property taxation. This system ensures that property taxes are proportionate to the value and condition of the property, impacting homeowners' annual financial planning.
Average Curtis Tax Bill
$1,326
Average Frontier County Tax Bill
$1,097
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Curtis, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69025 | $407 | $726 | $1,326 | $2,036 | $2,780 |
Source: Ownwell