Howard County Property Taxes
The median property tax rate in Howard County is 1.32%, which is higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With a median home value of $166,027, the typical annual property tax bill in Howard County is $2,390, slightly below the national median of $2,690. Property taxes in this region are determined based on the assessed value, which is often less than the market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Howard County's unique property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can offer significant annual savings. Whether you reside in St. Paul or another part of Howard County, gaining a comprehensive understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Howard County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$2,192
$2,034
Ownwell’s Howard County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Howard County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Howard 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 Howard County, Nebraska
Property taxes in Howard County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Howard County is 1.32%, which is higher than the U.S. national median of 0.99%. Local government entities within Howard County set these rates annually, and they can vary significantly between different areas within the county. Each year, Howard 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 Howard County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Saint Paul has one of the higher property tax rates in Nebraska at 1.82%, while the city of Saint Libory boasts one of the lowest at 0.99%. Analyzing how Howard County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Howard County Tax Rate
1.32%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Howard County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashton | 0.85% | 0.99% | 1.03% | 1.11% | 1.31% |
| Boelus | 1.24% | 1.25% | 1.28% | 1.56% | 1.56% |
| Cairo | 1.22% | 1.23% | 1.24% | 1.24% | 1.24% |
| Dannebrog | 1.24% | 1.27% | 1.29% | 1.74% | 1.74% |
| Elba | 1.16% | 1.20% | 1.43% | 1.63% | 1.63% |
| Farwell | 1.20% | 1.32% | 1.33% | 1.67% | 1.67% |
| Grand Island | 0.98% | 0.99% | 1.27% | 1.30% | 1.54% |
| Palmer | 1.18% | 1.19% | 1.20% | 1.29% | 1.31% |
| Saint Libory | 0.98% | 0.99% | 0.99% | 0.99% | 0.99% |
| Saint Paul | 1.25% | 1.30% | 1.82% | 1.82% | 1.82% |
| Scotia | 0.79% | 0.97% | 1.08% | 1.08% | 1.09% |
| Wolbach | 0.98% | 1.12% | 1.13% | 1.20% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Howard County, Nebraska
In Howard 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 Howard 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 Howard 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. Being aware of these valuation processes in Howard County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Howard County, Ashton has the highest median tax bill at $6,415, while Farwell has the lowest at $1,187.
Average Howard County Assessed Value
$166,027
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Howard County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashton | $366,014 | $467,487 | $623,116 | $661,042 | $830,331 |
| Boelus | $18,268 | $41,852 | $97,850 | $297,687 | $560,164 |
| Cairo | $131,237 | $170,059 | $274,311 | $394,991 | $843,759 |
| Dannebrog | $31,467 | $72,472 | $150,678 | $301,597 | $512,468 |
| Elba | $7,457 | $31,024 | $81,032 | $254,264 | $538,269 |
| Farwell | $15,248 | $36,625 | $78,812 | $419,806 | $680,768 |
| Grand Island | $20,738 | $32,762 | $166,912 | $555,136 | $620,225 |
| Palmer | $150,344 | $220,370 | $362,084 | $578,041 | $817,171 |
| Saint Libory | $101,451 | $139,710 | $204,953 | $357,608 | $639,818 |
| Saint Paul | $55,124 | $105,990 | $166,275 | $249,113 | $375,454 |
| Scotia | $179,419 | $262,389 | $359,924 | $455,107 | $533,843 |
| Wolbach | $94,380 | $158,466 | $327,060 | $505,318 | $616,356 |
Source: Ownwell
Property Tax Bills Across Howard County, Nebraska
In Howard County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $166,027, homeowners can expect a range of tax bills. The 25th percentile tax bill is around $1,202, while the 75th percentile tax bill jumps to $3,925, and the 90th percentile tax bill reaches $6,284. Several factors influence these tax bills, including property location, home size, and any applicable exemptions or deductions. Comparatively, Howard County's property tax rates can be higher than the national median property tax rate of 0.99%, significantly impacting homeowners' annual expenses. For instance, Ashton has the highest median tax bill at $6,415, while Farwell has the lowest at $1,187. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Howard County Tax Bill
$2,390
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Howard County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashton | $3,118 | $4,024 | $6,415 | $7,303 | $10,919 |
| Boelus | $241 | $556 | $1,589 | $4,010 | $6,867 |
| Cairo | $1,626 | $2,107 | $3,398 | $4,847 | $10,338 |
| Dannebrog | $477 | $1,144 | $2,096 | $3,867 | $6,574 |
| Elba | $99 | $484 | $1,202 | $3,523 | $6,648 |
| Farwell | $202 | $557 | $1,187 | $5,261 | $8,712 |
| Grand Island | $285 | $448 | $1,657 | $5,052 | $7,019 |
| Palmer | $1,098 | $2,496 | $4,579 | $7,531 | $10,133 |
| Saint Libory | $864 | $1,364 | $2,007 | $3,622 | $6,415 |
| Saint Paul | $664 | $1,613 | $2,659 | $3,853 | $5,255 |
| Scotia | $1,772 | $2,393 | $3,032 | $4,071 | $5,414 |
| Wolbach | $560 | $1,949 | $3,654 | $5,736 | $7,205 |
Source: Ownwell
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