Clarkson, Nebraska Property Taxes
The median property tax rate in Clarkson, NE is 1.11%, which is higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $433,270 in Clarkson, the typical annual property tax bill amounts to $4,771, significantly surpassing the national median of $2,690. Property taxes in Clarkson are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Clarkson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Clarkson or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clarkson, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$4,809
-$50,401
Ownwell’s Clarkson Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clarkson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarkson to provide an estimate of your property tax bill. This intuitive tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more granular data, neighborhood-specific trends are available further down the page. Your property’s assessed value is determined by the county for property tax purposes and includes any applicable exemptions.
Property Tax Rates Across Clarkson, Nebraska
Property taxes in Clarkson, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarkson is 1.11%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Clarkson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarkson 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 Clarkson's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68629 zip code has the highest median property tax rate of 1.11%, while the 68629 zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Clarkson provides valuable insights into the varying tax landscape across Stanton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarkson Tax Rate
1.11%
Average Stanton County Tax Rate
1.63%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarkson, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68629 | 1.10% | 1.10% | 1.11% | 1.12% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Clarkson, Nebraska
In Clarkson, Nebraska, understanding the difference between "market value" and "assessed value" is essential 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 Stanton County Assessor 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 Clarkson, 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 Clarkson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 68629 has the highest and lowest median tax bill of $4,771.
Average Clarkson Assessed Value
$433,270
Average Stanton County Assessed Value
$152,422
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarkson, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68629 | $169,828 | $244,648 | $433,270 | $728,652 | $838,246 |
Source: Ownwell
Property Tax Bills Across Clarkson, Nebraska
In Clarkson, property tax bills are calculated based on the assessed value of a home, which is determined by the Stanton County assessor's office. This assessed value is a percentage of the property's market value. For instance, the median home price in Clarkson is $433,270. Property tax rates are applied to this assessed value to determine the annual tax bill. Various factors influence the final tax bill, including the property's location, size, and any improvements made. For example, in Clarkson, the 25th percentile tax bill is $2,637, while the 75th percentile reaches $8,158, and the 90th percentile can go up to $9,403. This wide range shows how individual property characteristics can significantly impact tax amounts. Comparatively, the median property tax rate in Clarkson can be higher than the national median of 0.99%, affecting homeowners by adding a substantial annual cost. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Clarkson Tax Bill
$4,771
Average Stanton County Tax Bill
$2,426
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarkson, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68629 | $1,891 | $2,637 | $4,771 | $8,158 | $9,403 |
Source: Ownwell