Leshara, Nebraska Property Taxes
The median property tax rate in Leshara, NE is 1.76%, slightly higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Leshara at $108,208, the typical annual property tax bill reaches $1,814, which is below the national median of $2,690. Property taxes in Leshara are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Leshara'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 Leshara or another part of Saunders County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Leshara, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$1,904
Ownwell’s Leshara Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leshara with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leshara 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 Leshara, Nebraska
Property taxes in Leshara, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Leshara is 1.76%, significantly higher than the U.S. national median of 0.99%. Local government entities within Leshara set these rates annually, and they can vary significantly across different neighborhoods. Each year, Leshara 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 Leshara's effective property tax rate to other areas in Saunders County and the national median. For comparison, the zip code 68064 has the highest median property tax rate of 1.76%, while the same zip code also has the lowest median tax rate of 1.76%. Understanding how these areas compare with Leshara provides valuable insights into the varying tax landscape across Saunders County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leshara Tax Rate
1.76%
Average Saunders County Tax Rate
1.77%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leshara, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68064 | 1.50% | 1.76% | 1.76% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Leshara, Nebraska
In Leshara, 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 Saunders 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 Leshara, 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 Leshara helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,814, found in zip code 68064.
Average Leshara Assessed Value
$108,208
Average Saunders County Assessed Value
$199,000
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leshara, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68064 | $34,053 | $70,797 | $108,208 | $139,048 | $164,235 |
Source: Ownwell
Property Tax Bills Across Leshara, Nebraska
Property tax bills in Leshara, located in Saunders County, NE, are calculated based on the assessed value of a property and the local tax rate. The assessed value is typically determined by the county assessor and is a percentage of the property's market value. Homeowners in Leshara experience property tax rates that can vary but generally align with the county's standards. For instance, the median home price in Leshara is $108,208. Property tax bills can vary significantly, with the 25th percentile tax bill at $946 and the 75th percentile reaching $2,428. The 90th percentile tax bill can go as high as $2,852, illustrating the range of tax burdens based on property values and local levies. Comparatively, the national median property tax rate is 0.99%, so homeowners in Leshara might find their tax bills to be competitive or slightly higher depending on the assessed value of their homes. This variation affects homeowners by influencing their annual financial obligations and potentially impacting their overall cost of living.
Average Leshara Tax Bill
$1,814
Average Saunders County Tax Bill
$3,382
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Leshara, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68064 | $492 | $946 | $1,814 | $2,428 | $2,852 |
Source: Ownwell