Wilsonville, Nebraska Property Taxes
The median property tax rate in Wilsonville, NE is 1.57%, 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 $29,950 in Wilsonville, the typical annual property tax bill amounts to $440, falling well below the national median of $2,690. Property taxes in Wilsonville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Wilsonville'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 Wilsonville 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
Wilsonville, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$470
$436
Ownwell’s Wilsonville Property Tax Bill Calculator is an essential tool for any homeowner, real estate investor, or potential buyer looking to estimate annual property taxes in Wilsonville. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Wilsonville to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Wilsonville, Nebraska
Property taxes in Wilsonville, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilsonville is 1.57%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Wilsonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilsonville 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 Wilsonville's effective property tax rate to other areas in Nebraska and the national median. For comparison, the zip code 69046 has both the highest and lowest median property tax rate of 1.57%. Understanding how these areas compare with Wilsonville provides valuable insights into the varying tax landscape across Furnas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wilsonville Tax Rate
1.57%
Average Furnas County Tax Rate
1.80%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilsonville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69046 | 1.11% | 1.33% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Wilsonville, Nebraska
In Wilsonville, 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 Furnas 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 Wilsonville, 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. For instance, the median home price in Wilsonville is $29,950, with tax bills ranging from $102 at the 25th percentile to $4,211 at the 90th percentile. By understanding 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 Wilsonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wilsonville Assessed Value
$29,950
Average Furnas County Assessed Value
$62,290
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wilsonville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69046 | $2,608 | $6,680 | $29,950 | $80,469 | $346,756 |
Source: Ownwell
Property Tax Bills Across Wilsonville, Nebraska
In Wilsonville, located in Furnas County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the tax bill. The median home price in Wilsonville is $29,950, which is significantly lower than the national median. Homeowners in Wilsonville can expect their tax bills to vary widely, with the 25th percentile tax bill at $102 and the 75th percentile tax bill at $989. For those in the higher end, the 90th percentile tax bill can reach up to $4,211. Factors such as property location, home improvements, and market conditions can influence the assessed value, thereby affecting the tax bill. This system ensures that homeowners contribute to local services and infrastructure based on their property's value, though it can lead to a broad range of tax obligations within the community.
Average Wilsonville Tax Bill
$440
Average Furnas County Tax Bill
$1,054
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilsonville, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69046 | $40 | $102 | $440 | $989 | $4,211 |
Source: Ownwell