Dix, Nebraska Property Taxes
The median property tax rate in DIX, NE is 1.86%, considerably higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in DIX, the typical annual property tax bill reaches $1,069, which is still below the national median of $2,690. Property taxes in DIX 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 DIX'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 DIX or another part of Kimball County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dix, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.86%
Estimate Property Tax Bill
$1,207
Ownwell’s DIX Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DIX with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DIX 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 Dix, Nebraska
Property taxes in DIX, Nebraska, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in DIX is 1.86%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within DIX set these rates annually, and they can vary significantly across different neighborhoods. Each year, DIX 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 DIX's effective property tax rate to other areas in Nebraska and the national median. For comparison, the ZIP code 69133 has both the highest and lowest median property tax rate of 1.86%. Understanding how these areas compare with DIX provides valuable insights into the varying tax landscape across Kimball County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dix Tax Rate
1.86%
Average Kimball County Tax Rate
2.01%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dix, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69133 | 1.39% | 1.41% | 1.86% | 1.86% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Dix, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in DIX, 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 Kimball 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 DIX, 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 DIX helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,069 in zip code 69133, while the lowest is also $1,069 in the same zip code.
Average Dix Assessed Value
$64,878
Average Kimball County Assessed Value
$75,570
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dix, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69133 | $11,303 | $28,924 | $64,878 | $135,410 | $265,010 |
Source: Ownwell
Property Tax Bills Across Dix, Nebraska
In DIX, Kimball County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in the area is $64,878. Property tax rates are then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rate set by local government entities. For example, the 25th percentile tax bill in DIX is $507, while the 75th percentile tax bill is $2,199, and the 90th percentile tax bill reaches $3,850. These tax bills can significantly impact homeowners, as they represent a substantial annual expense. Compared to the national median property tax rate of 0.99%, the rates in DIX can result in varying tax burdens depending on the assessed value and applicable exemptions. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Dix Tax Bill
$1,069
Average Kimball County Tax Bill
$1,418
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Dix, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69133 | $143 | $507 | $1,069 | $2,199 | $3,850 |
Source: Ownwell