Filley, Nebraska Property Taxes
The median property tax rate in Filley, NE is 1.34%, which is higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Filley, the typical annual property tax bill reaches $1,895, which is lower than the national median of $2,690. Property taxes in Filley are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Filley'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 Filley 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
Filley, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,890
-$19,807
Ownwell’s Filley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Filley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Filley to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. 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 Filley, Nebraska
Property taxes in Filley, Nebraska, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Filley is 1.34%, significantly higher than the U.S. national median of 0.99%. Local government entities within Filley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Filley 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 Filley's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68357 zip code has the highest median property tax rate of 1.34%, while the same zip code also has the lowest median tax rate of 1.34%. Understanding how these cities compare with Filley provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Filley Tax Rate
1.34%
Average Johnson County Tax Rate
1.77%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Filley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68357 | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Filley, Nebraska
In Filley, 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 Johnson 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 Filley, 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. For example, the median home price in Filley is $141,042, with the 25th percentile tax bill at $1,580 and the 75th percentile at $2,209. The highest and lowest median tax bills are both $1,895 in the zip code 68357. 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 Filley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Filley Assessed Value
$141,042
Average Johnson County Assessed Value
$88,760
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Filley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68357 | $103,568 | $117,621 | $141,042 | $164,463 | $178,516 |
Source: Ownwell
Property Tax Bills Across Filley, Nebraska
In Filley, located in Johnson County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Filley is $141,042. Homeowners can expect varying tax bills depending on the assessed value of their property and the specific tax rates applied by local taxing authorities. For instance, the 25th percentile tax bill is around $1,580, while the 75th percentile tax bill reaches up to $2,209, and the 90th percentile tax bill can be as high as $2,398. These tax bills are influenced by factors such as local government budgets, school district funding needs, and other community services. Homeowners in Filley should be aware that property taxes can significantly impact their annual expenses, and staying informed about local tax rates and assessment practices is crucial. Comparing these figures to the national median property tax rate of 0.99% highlights how local variations can affect overall property tax obligations.
Average Filley Tax Bill
$1,895
Average Johnson County Tax Bill
$1,604
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Filley, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68357 | $1,391 | $1,580 | $1,895 | $2,209 | $2,398 |
Source: Ownwell