Sarpy County Property Taxes
The median property tax rate in Sarpy County is 1.93%, which is significantly higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Sarpy County, the typical annual property tax bill reaches $4,476, which exceeds the national median of $2,690. Property taxes in Sarpy County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Sarpy 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 Bellevue or another part of Sarpy County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sarpy County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.93%
Estimate Property Tax Bill
$4,618
$4,285
Ownwell’s Sarpy County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sarpy County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sarpy County to estimate your property tax bill. This insightful tool 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 Sarpy County, Nebraska
Property taxes in Sarpy County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sarpy County is 1.93%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Sarpy County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sarpy 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 Sarpy County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Gretna has one of the higher property tax rates in Nebraska at 2.06%, while the city of Richfield boasts one of the lowest at 1.12%. Analyzing how Sarpy County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sarpy County Tax Rate
1.93%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sarpy County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bellevue | 1.76% | 1.86% | 1.92% | 2.00% | 2.10% |
Gretna | 0.70% | 1.83% | 2.06% | 2.27% | 2.69% |
La Vista | 1.82% | 1.88% | 1.95% | 2.01% | 2.10% |
Omaha | 1.62% | 1.80% | 1.95% | 2.14% | 2.44% |
Papillion | 0.94% | 1.78% | 1.90% | 2.13% | 2.44% |
Richfield | 1.08% | 1.10% | 1.12% | 1.14% | 1.15% |
Springfield | 1.01% | 1.12% | 1.53% | 1.62% | 1.77% |
Waterloo | 1.65% | 1.66% | 1.67% | 1.67% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Sarpy County, Nebraska
In Sarpy 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 Sarpy County 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 Sarpy 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, cities like Gretna have the highest median tax bill at $5,953, while Richfield has the lowest at $2,078. Being aware of these valuation processes in Sarpy County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Sarpy County Assessed Value
$239,278
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sarpy County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bellevue | $122,678 | $168,374 | $215,316 | $266,692 | $327,389 |
Gretna | $19,410 | $159,095 | $292,921 | $391,104 | $509,519 |
La Vista | $154,055 | $184,061 | $229,542 | $324,263 | $392,462 |
Omaha | $150,218 | $204,702 | $245,641 | $333,863 | $420,047 |
Papillion | $29,000 | $213,304 | $286,891 | $372,971 | $458,490 |
Richfield | $76,346 | $94,867 | $183,566 | $209,370 | $220,491 |
Springfield | $152,355 | $187,640 | $307,118 | $422,138 | $553,025 |
Waterloo | $216,856 | $252,397 | $311,630 | $370,864 | $406,404 |
Source: Ownwell
Property Tax Bills Across Sarpy County, Nebraska
In Sarpy County, NE, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The county's property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax amount, including the home's location, size, and condition. For instance, the median home price in Sarpy County is $239,278, with tax bills ranging significantly. The 25th percentile tax bill is $3,221, while the 75th percentile reaches $6,401, and the 90th percentile can be as high as $8,637. Homeowners in Sarpy County experience varying tax burdens, with the highest median tax bill found in Gretna at $5,953, compared to the lowest in Richfield at $2,078. These differences highlight how local assessments and tax rates can significantly impact homeowners' financial responsibilities. Understanding these factors can help residents anticipate their property tax obligations and plan accordingly.
Average Sarpy County Tax Bill
$4,476
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Sarpy County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bellevue | $2,075 | $3,151 | $4,054 | $5,102 | $6,449 |
Gretna | $596 | $3,112 | $5,953 | $8,537 | $10,450 |
La Vista | $2,769 | $3,524 | $4,526 | $6,424 | $7,934 |
Omaha | $1,428 | $3,612 | $4,522 | $6,729 | $9,147 |
Papillion | $635 | $3,754 | $5,275 | $7,313 | $9,444 |
Richfield | $858 | $1,040 | $2,078 | $2,339 | $2,446 |
Springfield | $1,572 | $2,829 | $4,011 | $6,115 | $7,602 |
Waterloo | $3,633 | $4,209 | $5,169 | $6,129 | $6,706 |
Source: Ownwell