Nemaha County Property Taxes
The median property tax rate in Nemaha County is 1.57%, 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 $86,266 in Nemaha County, the typical annual property tax bill is $1,413, significantly lower than the national median of $2,690. Property taxes in Nemaha County are calculated based on the assessed value, which is usually less than the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Nemaha 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 Auburn or another part of Nemaha County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nemaha County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$1,354
$1,257
Ownwell’s Nemaha Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Nemaha with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Nemaha 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 Nemaha County, Nebraska
Property taxes in Nemaha County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nemaha County is 1.57%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Nemaha County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nemaha 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 Nemaha County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Peru has one of the higher property tax rates in Nebraska at 2.19%, while the city of Elk Creek boasts one of the lowest at 1.02%. Analyzing how Nemaha County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nemaha County Tax Rate
1.57%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nemaha County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Auburn | 1.04% | 1.51% | 1.87% | 1.93% | 1.93% |
Brock | 1.03% | 1.05% | 1.51% | 1.51% | 1.53% |
Brownville | 1.52% | 1.53% | 1.76% | 1.76% | 1.76% |
Cook | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Elk Creek | 1.01% | 1.01% | 1.02% | 1.02% | 1.02% |
Humboldt | 0.97% | 1.01% | 1.02% | 1.09% | 1.10% |
Johnson | 1.03% | 1.04% | 1.44% | 1.44% | 1.44% |
Julian | 1.52% | 1.53% | 2.00% | 2.00% | 2.00% |
Nemaha | 1.12% | 1.47% | 1.57% | 1.57% | 1.57% |
Peru | 1.53% | 1.53% | 2.19% | 2.19% | 2.19% |
Shubert | 1.12% | 1.12% | 1.13% | 1.13% | 1.30% |
Stella | 0.36% | 0.80% | 1.09% | 1.11% | 1.12% |
Table Rock | 1.01% | 1.02% | 1.02% | 1.02% | 1.02% |
Talmage | 1.42% | 1.42% | 1.44% | 1.46% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Nemaha County, Nebraska
In Nemaha 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 Nemaha 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 Nemaha 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. Median property tax bills in Nemaha County can vary significantly, with the highest median tax bill in Table Rock at $2,815 and the lowest in Julian at $504. 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 Nemaha County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Nemaha County Assessed Value
$86,266
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nemaha County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Auburn | $25,386 | $52,868 | $90,210 | $151,266 | $245,409 |
Brock | $14,738 | $34,791 | $86,800 | $201,360 | $370,789 |
Brownville | $12,812 | $46,632 | $83,922 | $152,670 | $236,148 |
Cook | $184,386 | $184,386 | $184,386 | $184,386 | $184,386 |
Elk Creek | $54,648 | $57,260 | $226,706 | $510,438 | $718,766 |
Humboldt | $76,615 | $126,068 | $202,632 | $384,112 | $438,381 |
Johnson | $31,277 | $64,449 | $119,564 | $226,946 | $376,722 |
Julian | $3,354 | $12,441 | $30,318 | $75,713 | $223,184 |
Nemaha | $7,511 | $21,874 | $51,298 | $126,254 | $374,272 |
Peru | $13,213 | $29,115 | $57,226 | $97,215 | $191,120 |
Shubert | $95,251 | $96,214 | $199,360 | $218,321 | $232,523 |
Stella | $115,397 | $153,594 | $193,702 | $295,514 | $425,475 |
Table Rock | $156,952 | $201,224 | $275,011 | $354,714 | $402,535 |
Talmage | $15,664 | $52,993 | $87,307 | $239,046 | $339,637 |
Source: Ownwell
Property Tax Bills Across Nemaha County, Nebraska
In Nemaha County, NE, property tax bills are calculated based on the assessed value of the home and the applicable tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Nemaha County face varying tax bills, influenced by factors such as property location and market conditions. For example, the median home price in the county stands at $86,266. Tax bills can range significantly, with the 25th percentile at $698 and the 75th percentile reaching up to $2,564. The highest median tax bill in the county is found in Table Rock at $2,815, while Julian has the lowest at $504. These figures highlight the disparity in tax burdens within the county. Compared to the national median property tax rate of 0.99%, homeowners in Nemaha County experience varying impacts on their finances, depending on their property's assessed value and location within the county.
Average Nemaha County Tax Bill
$1,413
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Nemaha County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Auburn | $352 | $748 | $1,522 | $2,664 | $4,212 |
Brock | $203 | $512 | $1,225 | $2,727 | $3,939 |
Brownville | $213 | $789 | $1,442 | $2,499 | $3,932 |
Cook | $1,897 | $1,897 | $1,897 | $1,897 | $1,897 |
Elk Creek | $559 | $585 | $2,295 | $5,159 | $7,263 |
Humboldt | $638 | $1,236 | $2,221 | $3,624 | $4,419 |
Johnson | $400 | $863 | $1,498 | $2,821 | $4,144 |
Julian | $66 | $212 | $504 | $1,444 | $3,682 |
Nemaha | $118 | $344 | $803 | $1,811 | $4,909 |
Peru | $276 | $570 | $1,187 | $1,860 | $3,232 |
Shubert | $1,072 | $1,083 | $2,436 | $2,709 | $2,777 |
Stella | $645 | $1,231 | $2,034 | $2,879 | $4,635 |
Table Rock | $1,606 | $2,060 | $2,815 | $3,598 | $4,068 |
Talmage | $209 | $645 | $1,774 | $3,743 | $4,869 |
Source: Ownwell