Ardmore, Nebraska Property Taxes
The median property tax rate in Ardmore, NE is 0.96%, slightly below the national median of 0.99% but significantly lower than Nebraska's state median of 1.75%. With a median home value of $202,226 in Ardmore, the typical annual property tax bill amounts to $1,979, which is under the national median of $2,690. Property taxes in Ardmore are calculated based on the tax assessed value, often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Ardmore'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 Ardmore or another part of Sioux County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ardmore, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,941
Ownwell’s Ardmore Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ardmore with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ardmore 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 Ardmore, Nebraska
Property taxes in Ardmore, Nebraska, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ardmore is 0.96%, slightly below the U.S. national median of 0.99%. Local government entities within Ardmore set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ardmore 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. Understanding how Ardmore's effective property tax rate compares to other counties in Nebraska and the national median provides valuable insights into the varying tax landscape across Sioux County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ardmore Tax Rate
0.96%
Average Sioux County Tax Rate
1.02%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ardmore, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Ardmore, Nebraska
In Ardmore, 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 Sioux 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 Ardmore, 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. For instance, homeowners in the 69331 zip code may see tax bills around $1,916, while those in the 69334 zip code could see amounts as high as $2,569. 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 Ardmore helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ardmore Assessed Value
$202,226
Average Sioux County Assessed Value
$127,559
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ardmore, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Ardmore, Nebraska
In Ardmore, located in Sioux County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. For homeowners in Ardmore, the median home price is $202,226. The property tax rate in this area is higher than the national median of 0.99%, leading to higher tax bills. Several factors influence the tax bill, including property size, location, and any improvements made to the home. In Ardmore, the 25th percentile of tax bills is around $1,916, while the 75th percentile reaches up to $2,347. For those at the 90th percentile, tax bills can be as high as $2,569. These taxes fund essential local services such as schools, public safety, and infrastructure. Homeowners should be aware that their tax bills can significantly impact their annual budget, making it essential to understand how these calculations are made.
Average Ardmore Tax Bill
$1,979
Average Sioux County Tax Bill
$1,454
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Ardmore, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell