Seward County Property Taxes
The median property tax rate in Seward County is 1.59%, which is significantly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Seward County, the typical annual property tax bill reaches $2,810, which is above the national median of $2,690. Property taxes in Seward County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Seward 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 Seward or another part of Seward County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Seward County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$2,944
Ownwell’s Seward County Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Seward County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Seward County to provide an estimate of your property tax bill. This tool offers valuable insights into your potential tax liabilities. For more detailed trends at the city level, scroll down to access localized information. Your property’s assessed value is determined by the county and includes any exemptions you may qualify for, making it an essential factor in calculating property taxes accurately.
Property Tax Rates Across Seward County, Nebraska
Property taxes in Seward County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Seward County is 1.59%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Seward County set these rates annually, and they can vary significantly between different areas within the county. Each year, Seward 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 Seward County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Milford has one of the higher property tax rates in Nebraska at 1.79%, while the city of Gresham boasts one of the lowest at 0.95%. Analyzing how Seward County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Seward County Tax Rate
1.59%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seward County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaver Crossing | 0.94% | 0.95% | 1.33% | 1.42% | 1.42% |
| Bee | 1.12% | 1.14% | 1.42% | 1.59% | 1.59% |
| Cordova | 1.08% | 1.11% | 1.37% | 1.37% | 1.37% |
| Denton | 1.34% | 1.56% | 1.57% | 1.57% | 1.57% |
| Dorchester | 1.15% | 1.17% | 1.18% | 1.20% | 1.20% |
| Friend | 0.97% | 0.99% | 1.27% | 1.28% | 1.28% |
| Garland | 1.30% | 1.31% | 1.31% | 1.73% | 1.73% |
| Goehner | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% |
| Gresham | 0.94% | 0.94% | 0.95% | 0.96% | 1.31% |
| Lincoln | 1.31% | 1.32% | 1.34% | 1.35% | 1.35% |
| Milford | 1.33% | 1.34% | 1.79% | 1.79% | 1.79% |
| Pleasant Dale | 1.30% | 1.32% | 1.35% | 1.57% | 1.72% |
| Raymond | 1.31% | 1.31% | 1.31% | 1.49% | 1.49% |
| Seward | 1.30% | 1.31% | 1.61% | 1.61% | 1.61% |
| Staplehurst | 1.18% | 1.31% | 1.73% | 1.73% | 1.73% |
| Ulysses | 0.94% | 0.95% | 1.21% | 1.29% | 1.31% |
| Utica | 0.94% | 1.22% | 1.35% | 1.35% | 1.35% |
| Valparaiso | 1.09% | 1.14% | 1.31% | 1.48% | 1.49% |
| Waco | 0.94% | 0.94% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Seward County, Nebraska
In Seward, 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 Seward 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 Seward 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. Being aware of these valuation processes in Seward will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Seward, the median home price is $185,126, with tax bills ranging significantly. Ulysses has the highest median tax bill at $7,184, while Cordova has the lowest at $863. By understanding these figures, property owners can better anticipate and manage their tax obligations.
Average Seward County Assessed Value
$185,126
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Seward County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaver Crossing | $28,335 | $62,169 | $138,636 | $266,671 | $509,464 |
| Bee | $43,472 | $87,079 | $152,826 | $305,458 | $487,150 |
| Cordova | $9,421 | $38,498 | $70,780 | $109,307 | $152,744 |
| Denton | $165,311 | $215,018 | $341,878 | $473,280 | $566,430 |
| Dorchester | $187,810 | $218,724 | $307,754 | $1,022,250 | $1,265,419 |
| Friend | $170,650 | $227,931 | $339,495 | $594,100 | $1,043,717 |
| Garland | $65,983 | $120,766 | $217,960 | $363,553 | $495,073 |
| Goehner | $67,459 | $88,334 | $126,959 | $180,077 | $234,380 |
| Gresham | $142,007 | $307,796 | $395,382 | $1,064,668 | $1,161,440 |
| Lincoln | $187,928 | $254,152 | $427,409 | $462,799 | $553,820 |
| Milford | $58,972 | $126,427 | $181,212 | $272,705 | $410,485 |
| Pleasant Dale | $90,858 | $146,886 | $276,497 | $409,794 | $583,394 |
| Raymond | $299,000 | $330,461 | $396,338 | $500,035 | $552,844 |
| Seward | $80,417 | $135,737 | $196,101 | $277,538 | $406,482 |
| Staplehurst | $31,095 | $60,724 | $108,328 | $223,364 | $413,356 |
| Ulysses | $203,596 | $286,744 | $714,870 | $1,186,807 | $1,394,899 |
| Utica | $51,047 | $90,828 | $148,369 | $203,188 | $383,194 |
| Valparaiso | $187,678 | $231,524 | $319,809 | $428,435 | $567,222 |
| Waco | $82,569 | $157,445 | $454,517 | $476,362 | $591,762 |
Source: Ownwell
Property Tax Bills Across Seward County, Nebraska
In Seward County, Nebraska, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. Home assessments are based on the market value of the property, which can fluctuate annually. The county's property tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property improvements, neighborhood developments, and market trends can influence the assessed value, and consequently, the tax bill. For homeowners in Seward County, the median home price is $185,126, with tax bills varying widely. At the 25th percentile, tax bills are around $1,692, while at the 75th percentile, they reach $4,198. The 90th percentile sees tax bills as high as $6,219. Comparatively, Ulysses has the highest median tax bill at $7,184, while Cordova has the lowest at $863. These variations highlight how local factors and property values significantly impact tax obligations, affecting homeowners' annual financial planning and overall cost of living.
Average Seward County Tax Bill
$2,810
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Seward County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaver Crossing | $285 | $792 | $1,685 | $2,847 | $5,141 |
| Bee | $558 | $1,049 | $2,207 | $4,160 | $6,229 |
| Cordova | $121 | $422 | $863 | $1,303 | $2,081 |
| Denton | $2,433 | $3,380 | $5,002 | $6,958 | $8,902 |
| Dorchester | $2,195 | $2,610 | $3,705 | $11,787 | $15,123 |
| Friend | $2,187 | $2,791 | $3,675 | $6,743 | $11,341 |
| Garland | $612 | $1,991 | $3,041 | $4,769 | $6,482 |
| Goehner | $1,066 | $1,343 | $1,987 | $2,904 | $3,728 |
| Gresham | $1,601 | $2,911 | $4,908 | $9,965 | $10,904 |
| Lincoln | $2,506 | $3,426 | $5,608 | $6,210 | $7,413 |
| Milford | $801 | $2,057 | $3,014 | $4,277 | $6,018 |
| Pleasant Dale | $1,380 | $2,233 | $3,688 | $5,600 | $7,881 |
| Raymond | $4,224 | $4,785 | $5,466 | $6,723 | $7,279 |
| Seward | $1,098 | $2,048 | $3,035 | $4,263 | $6,028 |
| Staplehurst | $515 | $933 | $1,649 | $2,788 | $5,314 |
| Ulysses | $2,441 | $3,746 | $7,184 | $12,422 | $17,981 |
| Utica | $590 | $1,159 | $1,894 | $2,554 | $4,127 |
| Valparaiso | $1,885 | $3,042 | $4,082 | $5,787 | $7,911 |
| Waco | $787 | $1,500 | $4,278 | $4,539 | $5,576 |
Source: Ownwell