Ashby, Nebraska Property Taxes
The median property tax rate in Ashby, Nebraska is 0.93%, slightly below both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Ashby, the typical annual property tax bill reaches $1,715, which is considerably less than the national median of $2,690. Property taxes in Ashby are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ashby'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 Ashby 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
Ashby, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,732
$1,607
Ownwell’s ASHBY Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in ASHBY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ASHBY to provide an estimate of your property tax bill. This valuable tool helps you comprehend potential tax liabilities. For those interested in observing trends at a neighborhood level, more localized information is available below. 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 Ashby, Nebraska
Property taxes in Ashby, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashby is 0.93%, slightly lower than the U.S. national median of 0.99%. Local government entities within Ashby set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashby 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 Ashby's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 69333 has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these areas compare with Ashby provides valuable insights into the varying tax landscape across Garden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashby Tax Rate
0.93%
Average Garden County Tax Rate
1.21%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashby, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69333 | 0.92% | 0.93% | 0.93% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Ashby, Nebraska
In Ashby, 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 Garden County Assessor 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 Ashby, 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 Ashby helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code with the highest median tax bill is 69333, with a median tax bill of $1715.
Average Ashby Assessed Value
$186,208
Average Garden County Assessed Value
$72,185
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashby, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69333 | $91,285 | $118,195 | $186,208 | $431,158 | $475,791 |
Source: Ownwell
Property Tax Bills Across Ashby, Nebraska
In Ashby, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the home's market value, location, and any improvements or renovations made to the property. For homeowners in Ashby, the tax burden can vary significantly. For instance, the 25th percentile tax bill is around $1,106, while the 75th percentile tax bill reaches $4,039. At the higher end, the 90th percentile tax bill can climb up to $4,457. Comparing this to the national median property tax rate of 0.99%, Ashby's property taxes can be quite impactful on household budgets. The highest and lowest median tax bill in the county, both at $1,715, fall within the zip code 69333, indicating some consistency in property tax assessments within that area. Homeowners should be aware of these factors as they can significantly affect annual financial planning.
Average Ashby Tax Bill
$1,715
Average Garden County Tax Bill
$810
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashby, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69333 | $867 | $1,106 | $1,715 | $4,039 | $4,457 |
Source: Ownwell