Dawson, Nebraska Property Taxes
The median property tax rate in Dawson, NE is 1.45%, which is higher than the national median of 0.99% but lower than Nebraska’s state median of 1.75%. With a median home value of $51,284 in Dawson, the typical annual property tax bill amounts to $660, which is below the national median of $2,690. Property taxes in Dawson are determined based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Dawson'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 Dawson or another part of Richardson County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dawson, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$744
Ownwell’s Dawson Property Tax Bill Calculator assists any homeowner, real estate investor, or potential owner in estimating their annual property taxes in Dawson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dawson 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 Dawson, Nebraska
Property taxes in Dawson, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dawson is 1.45%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Dawson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dawson 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 Dawson's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68337 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Dawson provides valuable insights into the varying tax landscape across Richardson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dawson Tax Rate
1.45%
Average Richardson County Tax Rate
1.91%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dawson, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68337 | 1.14% | 1.16% | 1.45% | 1.51% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Dawson, Nebraska
In Dawson, 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 Richardson County Assessor 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 Dawson, 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 Dawson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 68337 has both the highest and lowest median tax bill at $660.
Average Dawson Assessed Value
$51,284
Average Richardson County Assessed Value
$51,575
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dawson, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68337 | $5,992 | $19,297 | $51,284 | $156,811 | $394,691 |
Source: Ownwell
Property Tax Bills Across Dawson, Nebraska
In Dawson, located in Richardson County, NE, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and reflects the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Several factors influence the assessed value, including the property's market value, condition, and any improvements made. Homeowners in Dawson can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $280, while the 75th percentile tax bill is approximately $1,936. The top 10% of tax bills can reach up to $4,710. Compared to the national median property tax rate of 0.99%, Dawson's rates can be quite variable, impacting homeowners differently depending on their property's assessed value. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan accordingly.
Average Dawson Tax Bill
$660
Average Richardson County Tax Bill
$905
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Dawson, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68337 | $83 | $280 | $660 | $1,936 | $4,710 |
Source: Ownwell