Filley, Nebraska Property Taxes
The median property tax rate in Filley, Nebraska is 1.42%, notably higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $152,540 in Filley, the typical annual property tax bill amounts to $2,210, which is below the national median of $2,690. Property taxes in Filley are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Filley'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 Filley 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
Filley, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$2,166
Ownwell’s Filley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Filley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Filley 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 Filley, Nebraska
Property taxes in Filley, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Filley is 1.42%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Filley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Filley 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 Filley's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68357 zip code has both the highest and lowest median property tax rate of 1.42%. Understanding how these cities compare with Filley provides valuable insights into the varying tax landscape across Gage County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Filley Tax Rate
1.42%
Average Gage County Tax Rate
1.83%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Filley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68357 | 1.37% | 1.39% | 1.42% | 1.87% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Filley, Nebraska
In Filley, 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 Gage 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 Filley, 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. The median home price in Filley is $152,540, with tax bills ranging from $890 at the 25th percentile to $6,680 at the 90th percentile. 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 Filley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Filley Assessed Value
$152,540
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 Filley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68357 | $28,230 | $54,880 | $152,540 | $287,102 | $533,075 |
Source: Ownwell
Property Tax Bills Across Filley, Nebraska
In Filley, 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 local authorities and reflects a percentage of the property's market value. Homeowners in Filley face a median property tax rate that can significantly impact their annual expenses. For instance, with a median home price of $152,540, homeowners can expect a tax bill ranging from $890 at the 25th percentile to $4,084 at the 75th percentile, and up to $6,680 at the 90th percentile. These figures highlight the variability in tax bills, which can be influenced by factors such as property improvements, neighborhood developments, and changes in local tax rates. Compared to the national median property tax rate of 0.99%, Filley's tax bills illustrate how local assessments and tax policies can create a wide range of financial obligations for homeowners, affecting their overall cost of living and financial planning.
Average Filley Tax Bill
$2,210
Average Gage County Tax Bill
$1,782
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Filley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68357 | $327 | $890 | $2,210 | $4,084 | $6,680 |
Source: Ownwell