Juniata, Nebraska Property Taxes
The median property tax rate in Juniata, NE is 1.39%, which is 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 $271,972 in Juniata, the typical annual property tax bill amounts to $3,768, surpassing the national median of $2,690. Property taxes in Juniata are determined based on the tax assessed value, which often falls below the market value due to various exemptions, including primary residence and agricultural exemptions. By understanding Juniata's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve significant annual savings. Whether you're in the heart of Juniata or another part of Hall County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Juniata, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$3,780
$3,508
Ownwell’s Juniata Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Juniata. By simply entering your property's estimated assessed value, the calculator applies the median tax rate specific to Juniata, providing an accurate estimate of your property tax bill. This tool offers clear insights into your potential tax liabilities, making it easier to plan your finances. For those interested in more detailed trends at a neighborhood level, additional localized information is available below. Remember, your property’s assessed value is determined by the county for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Juniata, Nebraska
Property taxes in Juniata, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Juniata is 1.39%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Juniata set these rates annually, and they can vary significantly across different neighborhoods. Each year, Juniata 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 Juniata's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68955 has the highest median property tax rate of 1.39%, while the same zip code also has the lowest median tax rate of 1.39%. Understanding how these areas compare with Juniata provides valuable insights into the varying tax landscape across Hall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Juniata Tax Rate
1.39%
Average Hall County Tax Rate
1.65%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Juniata, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68955 | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Juniata, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Juniata, Nebraska. 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 Hall 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 Juniata, 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 Juniata helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $3,768 in zip code 68955, reflecting a uniformity in tax burdens across the area.
Average Juniata Assessed Value
$271,972
Average Hall County Assessed Value
$168,820
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Juniata, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68955 | $271,972 | $271,972 | $271,972 | $271,972 | $271,972 |
Source: Ownwell
Property Tax Bills Across Juniata, Nebraska
In Juniata, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. The assessed value is a percentage of the market value, and this figure is then multiplied by the tax rate set by local government entities, including the county and school districts. For example, in Hall County, where Juniata is located, homeowners face a median property tax bill of $3,768. This figure is consistent across various percentiles, indicating a uniform application of tax rates. Factors that influence the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or abatements. Homeowners in Juniata benefit from relatively predictable tax bills, which can aid in financial planning. However, these taxes can also represent a significant expense, impacting overall affordability and homeownership costs. With the national median property tax rate at 0.99%, Juniata's property tax rates and bills are a critical consideration for current and prospective homeowners in the area.
Average Juniata Tax Bill
$3,768
Average Hall County Tax Bill
$2,705
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Juniata, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68955 | $3,768 | $3,768 | $3,768 | $3,768 | $3,768 |
Source: Ownwell