Holt County Property Taxes
The median property tax rate in Holt County is 1.55%, which is significantly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Holt County at $91,350, the typical annual property tax bill reaches $1,293, which is below the national median of $2,690. Property taxes in Holt 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 Holt 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 O'Neill or another part of Holt County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Holt County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$1,416
Ownwell’s Holt County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Holt County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Holt 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 Holt County, Nebraska
Property taxes in Holt County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Holt County is 1.55%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Holt County set these rates annually, and they can vary significantly between different areas within the county. Each year, Holt 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 Stuart has one of the higher property tax rates in Nebraska at 1.70%, while the city of Lynch boasts one of the lowest at 0.99%. Analyzing how Holt County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Holt County Tax Rate
1.55%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Holt County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amelia | 1.13% | 1.14% | 1.14% | 1.18% | 1.25% |
| Atkinson | 0.93% | 1.03% | 1.27% | 1.33% | 1.44% |
| Burwell | 1.14% | 1.20% | 1.29% | 1.38% | 1.44% |
| Chambers | 1.03% | 1.30% | 1.45% | 1.54% | 1.60% |
| Clearwater | 1.01% | 1.11% | 1.28% | 1.44% | 1.54% |
| Emmet | 1.12% | 1.18% | 1.32% | 1.51% | 1.62% |
| Ewing | 1.06% | 1.42% | 1.55% | 1.59% | 1.70% |
| Inman | 1.21% | 1.34% | 1.52% | 1.56% | 1.68% |
| Lynch | 0.66% | 0.82% | 0.99% | 1.09% | 1.11% |
| Oneill | 1.17% | 1.52% | 1.61% | 1.66% | 1.79% |
| Orchard | N/A | N/A | N/A | N/A | N/A |
| Page | 1.14% | 1.29% | 1.52% | 1.62% | 1.72% |
| Spencer | 1.03% | 1.08% | 1.08% | 1.10% | 1.13% |
| Stuart | 1.28% | 1.62% | 1.70% | 1.77% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Holt County, Nebraska
In Holt 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 Holt 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 Holt 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 Holt County, property tax bills can vary significantly, with Stuart having the highest median tax bill at $1,660 and Amelia the lowest at $323. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Holt County Assessed Value
$91,350
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Holt County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amelia | $1,721 | $2,289 | $26,688 | $73,552 | $161,940 |
| Atkinson | $25,094 | $51,890 | $98,841 | $166,643 | $235,133 |
| Burwell | $27,504 | $33,836 | $44,389 | $54,942 | $61,274 |
| Chambers | $11,649 | $27,530 | $53,752 | $94,412 | $118,447 |
| Clearwater | $92,319 | $98,545 | $108,922 | $119,299 | $125,525 |
| Emmet | $7,665 | $23,899 | $60,362 | $115,216 | $221,211 |
| Ewing | $11,583 | $29,224 | $60,985 | $100,123 | $132,071 |
| Inman | $9,483 | $15,663 | $26,988 | $45,051 | $76,417 |
| Lynch | $19,580 | $27,219 | $57,720 | $104,274 | $140,805 |
| Oneill | $28,688 | $57,024 | $106,749 | $165,301 | $230,258 |
| Orchard | N/A | N/A | N/A | N/A | N/A |
| Page | $8,159 | $22,192 | $49,606 | $96,015 | $154,719 |
| Spencer | $8,424 | $19,988 | $85,990 | $102,682 | $113,092 |
| Stuart | $22,746 | $51,913 | $101,664 | $167,010 | $216,410 |
Source: Ownwell
Property Tax Bills Across Holt County, Nebraska
In Holt 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 is a percentage of the property's market value. Homeowners in Holt County face a median property tax rate of 0.99%, which aligns with the national median. For example, with a median home price of $91,350, the property tax bill can vary significantly across different percentiles. At the 25th percentile, homeowners might pay around $592 annually, while those at the 75th percentile could see tax bills as high as $2,225. The highest median tax bill in the county is in Stuart, at $1,660, whereas Amelia has the lowest median tax bill of $323. These variations impact homeowners differently, with factors such as property location and market value playing crucial roles in determining the final tax bill. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Holt County Tax Bill
$1,293
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Holt County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amelia | $20 | $26 | $323 | $829 | $1,802 |
| Atkinson | $231 | $560 | $1,202 | $1,988 | $2,766 |
| Burwell | $327 | $434 | $611 | $789 | $895 |
| Chambers | $137 | $341 | $726 | $1,350 | $1,770 |
| Clearwater | $1,240 | $1,270 | $1,320 | $1,370 | $1,400 |
| Emmet | $50 | $263 | $847 | $1,380 | $2,500 |
| Ewing | $149 | $344 | $845 | $1,451 | $1,818 |
| Inman | $79 | $223 | $372 | $653 | $1,052 |
| Lynch | $144 | $163 | $539 | $1,145 | $1,575 |
| Oneill | $373 | $800 | $1,578 | $2,488 | $3,515 |
| Orchard | N/A | N/A | N/A | N/A | N/A |
| Page | $116 | $229 | $748 | $1,389 | $2,052 |
| Spencer | $85 | $200 | $983 | $1,108 | $1,219 |
| Stuart | $326 | $674 | $1,660 | $2,770 | $3,695 |
Source: Ownwell