Gage County Property Taxes
The median property tax rate in Gage County is 1.83%, which is significantly higher than both the national median of 0.99% and Nebraska's state median of 1.75%. With the median home value in Gage County, the typical annual property tax bill reaches $1,782, which is below the national median of $2,690. Property taxes in Gage County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Gage County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Beatrice or another part of Gage County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gage County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.83%
Estimate Property Tax Bill
$1,983
$1,840
Ownwell’s Gage County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Gage County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Gage County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Gage County, Nebraska
Property taxes in Gage County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Gage County is 1.83%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Gage County set these rates annually, and they can vary significantly between different areas within the county. Each year, Gage County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Wymore has one of the higher property tax rates in the region at 2.35%, while the city of Plymouth boasts one of the lowest at 1.15%. Analyzing how Gage County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Gage County Tax Rate
1.83%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gage County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adams | 1.36% | 1.38% | 1.39% | 1.82% | 1.82% |
| Barneston | 1.70% | 1.71% | 1.71% | 2.00% | 2.00% |
| Beatrice | 1.16% | 1.83% | 1.83% | 1.83% | 1.83% |
| Blue Springs | 1.19% | 1.54% | 1.89% | 1.89% | 1.89% |
| Clatonia | 1.47% | 1.50% | 1.89% | 1.89% | 1.89% |
| Cortland | 1.28% | 1.52% | 1.60% | 1.92% | 1.92% |
| Crab Orchard | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
| De Witt | 1.14% | 1.15% | 1.16% | 1.16% | 1.28% |
| Diller | 1.21% | 1.21% | 1.23% | 1.23% | 1.23% |
| Filley | 1.37% | 1.39% | 1.42% | 1.87% | 1.87% |
| Firth | 1.38% | 1.59% | 1.62% | 1.62% | 1.62% |
| Hallam | 1.28% | 1.54% | 1.55% | 1.64% | 1.64% |
| Holmesville | 1.37% | 1.54% | 1.55% | 1.55% | 1.55% |
| Liberty | 1.20% | 1.23% | 1.54% | 1.69% | 1.69% |
| Odell | 0.98% | 1.21% | 1.23% | 1.61% | 1.61% |
| Pickrell | 1.38% | 1.51% | 1.52% | 1.90% | 1.90% |
| Plymouth | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
| Rockford | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
| Virginia | 1.18% | 1.19% | 1.39% | 1.65% | 1.65% |
| Wilber | 1.16% | 1.49% | 1.50% | 1.50% | 1.51% |
| Wymore | 0.82% | 1.54% | 2.35% | 2.35% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Gage County, Nebraska
In Gage County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Gage County Appraisal District. The assessed value, however, 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. Assessment notices in Gage County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Gage County, the median home price is $108,335. Cities like Plymouth and Barneston have notable differences, with Plymouth having the highest median tax bill at $12,609 and Barneston the lowest at $246. Being aware of these valuation processes in Gage County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Gage County Assessed Value
$108,335
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gage County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adams | $56,577 | $115,195 | $201,420 | $328,995 | $452,826 |
| Barneston | $5,269 | $8,610 | $16,038 | $33,282 | $51,695 |
| Beatrice | $30,363 | $53,298 | $105,462 | $168,491 | $241,691 |
| Blue Springs | $6,723 | $18,350 | $44,065 | $151,250 | $386,408 |
| Clatonia | $39,055 | $62,610 | $102,165 | $197,650 | $351,840 |
| Cortland | $75,517 | $117,954 | $186,880 | $311,429 | $438,713 |
| Crab Orchard | $221,858 | $234,620 | $255,890 | $277,160 | $289,922 |
| De Witt | $108,697 | $180,251 | $241,225 | $439,045 | $640,805 |
| Diller | $98,360 | $148,720 | $233,970 | $509,015 | $819,394 |
| Filley | $28,230 | $54,880 | $152,540 | $287,102 | $533,075 |
| Firth | $162,080 | $229,819 | $328,162 | $394,200 | $456,300 |
| Hallam | $154,925 | $193,925 | $266,985 | $389,880 | $465,069 |
| Holmesville | $14,995 | $30,360 | $105,310 | $254,460 | $492,090 |
| Liberty | $2,780 | $10,724 | $55,152 | $317,849 | $550,554 |
| Odell | $24,258 | $49,750 | $95,302 | $294,024 | $560,698 |
| Pickrell | $65,453 | $115,475 | $182,385 | $291,295 | $504,788 |
| Plymouth | $1,094,520 | $1,094,520 | $1,094,520 | $1,094,520 | $1,094,520 |
| Rockford | $100,695 | $100,695 | $100,695 | $100,695 | $100,695 |
| Virginia | $2,945 | $10,780 | $51,745 | $241,718 | $543,206 |
| Wilber | $131,357 | $176,965 | $281,285 | $481,032 | $559,673 |
| Wymore | $7,937 | $19,359 | $41,525 | $88,451 | $210,902 |
Source: Ownwell
Property Tax Bills Across Gage County, Nebraska
In Gage County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Gage County experience a range of property tax bills, with the 25th percentile at $719 and the 75th percentile reaching $3,183. For those at the 90th percentile, tax bills can be as high as $5,268. These tax bills are influenced by various factors including property size, location, and any applicable exemptions. For example, a median home price in Gage County is $108,335, which serves as a basis for calculating the tax bill. When compared to the national median property tax rate of 0.99%, Gage County's tax bills can be seen as relatively moderate. This variability in tax bills significantly impacts homeowners, affecting their annual financial planning and overall cost of living.
Average Gage County Tax Bill
$1,782
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Gage County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adams | $580 | $1,695 | $3,090 | $4,983 | $6,413 |
| Barneston | $78 | $130 | $246 | $554 | $883 |
| Beatrice | $282 | $775 | $1,759 | $2,857 | $4,109 |
| Blue Springs | $27 | $237 | $711 | $2,261 | $5,986 |
| Clatonia | $471 | $1,086 | $1,746 | $3,015 | $5,286 |
| Cortland | $835 | $1,909 | $3,031 | $5,088 | $6,774 |
| Crab Orchard | $3,078 | $3,255 | $3,550 | $3,845 | $4,022 |
| De Witt | $811 | $1,853 | $3,025 | $5,382 | $8,432 |
| Diller | $1,213 | $1,838 | $2,879 | $6,170 | $9,738 |
| Filley | $327 | $890 | $2,210 | $4,084 | $6,680 |
| Firth | $2,243 | $3,494 | $5,070 | $6,330 | $7,371 |
| Hallam | $2,107 | $3,176 | $4,322 | $6,386 | $7,158 |
| Holmesville | $146 | $339 | $1,200 | $3,531 | $7,092 |
| Liberty | $22 | $115 | $729 | $3,735 | $7,748 |
| Odell | $236 | $654 | $1,309 | $3,551 | $6,177 |
| Pickrell | $826 | $1,820 | $2,791 | $4,913 | $7,633 |
| Plymouth | $12,609 | $12,609 | $12,609 | $12,609 | $12,609 |
| Rockford | $1,210 | $1,210 | $1,210 | $1,210 | $1,210 |
| Virginia | $22 | $165 | $838 | $2,942 | $6,442 |
| Wilber | $1,482 | $2,522 | $4,215 | $6,878 | $8,390 |
| Wymore | $52 | $306 | $786 | $1,793 | $3,238 |
Source: Ownwell