Greeley County Property Taxes
The median property tax rate in Greeley County is 1.34%, which is higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $86,605, the typical annual property tax bill in Greeley County is around $1,502, significantly below the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. By understanding Greeley County's property tax system, exploring available exemptions, and identifying opportunities for tax reductions, homeowners and real estate investors can achieve substantial annual savings. Whether residing in a city within Greeley County or in its more rural areas, a thorough knowledge of local property taxes will be highly beneficial.
Last Updated June 14, 2024
Greeley County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,161
$1,077
Ownwell’s Greeley County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Greeley County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Greeley 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 Greeley County, Nebraska
Property taxes in Greeley County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Greeley County is 1.34%, which is higher than the U.S. national median of 0.99%. Local government entities within Greeley County set these rates annually, and they can vary significantly between different areas within the county. Each year, Greeley 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. The following data compares Greeley County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Greeley has one of the higher property tax rates in Nebraska at 2.27%, while the city of Cedar Rapids boasts one of the lowest at 0.84%. Analyzing how Greeley County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Greeley County Tax Rate
1.34%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greeley County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albion | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Cedar Rapids | 0.83% | 0.84% | 0.84% | 0.84% | 1.05% |
| Elba | 1.15% | 1.16% | 1.17% | 1.17% | 1.17% |
| Ericson | 0.85% | 0.86% | 0.86% | 0.86% | 0.95% |
| Greeley | 1.17% | 1.19% | 2.27% | 2.27% | 2.27% |
| North Loup | 0.97% | 1.15% | 1.16% | 1.16% | 1.17% |
| Primrose | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Scotia | 1.15% | 1.17% | 2.13% | 2.13% | 2.13% |
| Spalding | 0.84% | 0.86% | 1.34% | 1.34% | 1.34% |
| Wolbach | 1.19% | 1.21% | 2.21% | 2.21% | 2.21% |
Source: Ownwell
Property Tax Assessment Values Across Greeley County, Nebraska
In Greeley 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 Greeley 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 Greeley 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. For instance, Albion has the highest median tax bill at $7,943, while Spalding has the lowest at $1,219. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Greeley County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Greeley County, Nebraska
Source: Ownwell
$68,462
$506,601
$944,740
Average Greeley County Assessed Value
$86,605
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Greeley County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albion | $944,740 | $944,740 | $944,740 | $944,740 | $944,740 |
| Cedar Rapids | $641,987 | $743,405 | $746,695 | $1,134,030 | $1,270,683 |
| Elba | $136,692 | $164,542 | $204,608 | $334,680 | $524,544 |
| Ericson | $125,252 | $188,341 | $252,652 | $499,638 | $966,598 |
| Greeley | $18,696 | $40,304 | $75,508 | $166,354 | $600,334 |
| North Loup | $137,762 | $199,990 | $289,670 | $544,620 | $621,163 |
| Primrose | $538,424 | $706,925 | $790,815 | $1,184,530 | $1,302,961 |
| Scotia | $22,883 | $50,842 | $91,125 | $199,301 | $697,424 |
| Spalding | $30,846 | $52,132 | $101,482 | $235,934 | $671,816 |
| Wolbach | $21,374 | $36,354 | $68,462 | $142,100 | $612,766 |
Source: Ownwell
Property Tax Bills Across Greeley County, Nebraska
In Greeley County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local property tax rate to determine the tax bill. The median home price in Greeley County is $86,605, and property tax bills can vary significantly. For example, the tax bill at the 25th percentile is $760, while at the 75th percentile, it rises to $3,106. At the 90th percentile, homeowners might face a tax bill as high as $7,294. Several factors influence the assessed value, including the property's location, size, and condition. These assessments directly impact the homeowner's annual tax bill. Comparatively, the national median property tax rate is 0.99%, which can serve as a benchmark for understanding local rates. In Greeley County, the highest median tax bill is found in Albion at $7,943, while Spalding has the lowest at $1,219. These variations highlight the importance of understanding local property tax assessments and their implications for homeowners.
Average Greeley County Tax Bill
$1,502
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Greeley County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albion | $7,943 | $7,943 | $7,943 | $7,943 | $7,943 |
| Cedar Rapids | $5,391 | $6,240 | $6,255 | $11,273 | $12,606 |
| Elba | $1,594 | $1,914 | $2,387 | $3,887 | $6,053 |
| Ericson | $1,082 | $1,617 | $2,183 | $5,123 | $8,172 |
| Greeley | $369 | $842 | $1,564 | $3,217 | $6,783 |
| North Loup | $1,359 | $2,318 | $3,391 | $6,309 | $7,182 |
| Primrose | $4,531 | $5,942 | $6,684 | $9,949 | $10,959 |
| Scotia | $289 | $875 | $1,630 | $3,215 | $8,051 |
| Spalding | $361 | $609 | $1,219 | $2,602 | $5,786 |
| Wolbach | $374 | $769 | $1,385 | $2,737 | $7,383 |
Source: Ownwell