Crawford, Nebraska Property Taxes
The median property tax rate in Crawford, NE is 0.98%, slightly below the national median of 0.99% and significantly lower than the Nebraska state median of 1.75%. With the median home value in Crawford at $165,370, the typical annual property tax bill amounts to $1,579, which is well below the national median of $2,690. Property taxes in Crawford are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Crawford'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 Crawford 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
Crawford, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,621
Ownwell’s Crawford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crawford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crawford 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 Crawford, Nebraska
Property taxes in Crawford, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crawford is 1.35%, higher than both the Nebraska state median of 1.61% and the U.S. national median of 0.99%. Local government entities within Crawford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crawford 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 Crawford's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 69339 zip code has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with Crawford 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 Crawford Tax Rate
0.98%
Average Sioux County Tax Rate
1.02%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crawford, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69339 | 0.97% | 0.97% | 0.98% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Crawford, Nebraska
In Crawford, 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 local authorities 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 Crawford, 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 Crawford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 69339, with a median bill of $1,579.
Average Crawford Assessed Value
$165,370
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 Crawford, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69339 | $44,367 | $79,471 | $165,370 | $266,063 | $317,414 |
Source: Ownwell
Property Tax Bills Across Crawford, Nebraska
In Crawford, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local assessor's office and is a percentage of the market value of your property. Factors such as location, property size, and improvements can influence this assessed value. Once the assessed value is established, the local tax rate is applied to determine your annual property tax bill. For homeowners in Crawford, the median home price is $165,370. Property tax bills vary widely, with the 25th percentile at $784 and the 75th percentile at $2,596. The 90th percentile tax bill can go up to $3,153. Comparatively, the national median property tax rate is 0.99%, and homeowners in Crawford may find their rates competitive. However, the highest median tax bill recorded in the area is $1,579, which is consistent across all zip codes. Understanding these factors helps homeowners anticipate their property tax obligations and manage their finances effectively.
Average Crawford Tax Bill
$1,579
Average Sioux County Tax Bill
$1,454
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Crawford, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69339 | $439 | $784 | $1,579 | $2,596 | $3,153 |
Source: Ownwell