Brule, Nebraska Property Taxes
The median property tax rate in Brule, NE is 1.01%, slightly higher than the national median of 0.99% but well below the Nebraska state median of 1.75%. With the median home value in Brule at $202,254, the typical annual property tax bill amounts to $2,035, which is lower than the national median of $2,690. Property taxes in Brule are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Brule'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 Brule or another part of Perkins County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brule, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$2,043
$1,896
Ownwell’s Brule Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brule with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brule 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 Brule, Nebraska
Property taxes in Brule, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brule is 1.01%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Brule set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brule 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 Brule's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69127 zip code has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these cities compare with Brule provides valuable insights into the varying tax landscape across Perkins County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brule Tax Rate
1.01%
Average Perkins County Tax Rate
1.33%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brule, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69127 | 0.99% | 1.00% | 1.01% | 1.01% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Brule, Nebraska
In Brule, 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 Perkins 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 Brule, 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 Brule helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 69127 has the highest median tax bill at $2,035, which aligns with the county's median home price of $202,254.
Average Brule Assessed Value
$202,254
Average Perkins County Assessed Value
$109,935
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brule, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69127 | $108,873 | $113,890 | $202,254 | $260,215 | $350,011 |
Source: Ownwell
Property Tax Bills Across Brule, Nebraska
Property tax bills in Brule, Perkins County, NE, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Brule is $202,254. Homeowners in the 25th percentile can expect a tax bill of around $1,301, while those in the 75th percentile might see bills closer to $2,582. At the 90th percentile, tax bills can reach up to $3,507. These figures highlight the range of property tax liabilities homeowners might face. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Brule’s tax rates can significantly impact homeowners' annual expenses. Understanding these factors helps homeowners budget effectively and anticipate their financial obligations.
Average Brule Tax Bill
$2,035
Average Perkins County Tax Bill
$1,412
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Brule, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69127 | $1,174 | $1,301 | $2,035 | $2,582 | $3,507 |
Source: Ownwell