Wisner, Nebraska Property Taxes
The median property tax rate in Wisner, NE is 0.97%, slightly lower than the national median of 0.99% and significantly below the Nebraska state median of 1.75%. With a median home value of $196,358 in Wisner, the typical annual property tax bill amounts to $1,895, which is also less than the national median of $2,690. Property taxes in Wisner are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Wisner'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 Wisner or another part of Stanton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wisner, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$1,905
-$19,961
Ownwell's Wisner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wisner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wisner 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 Wisner, Nebraska
Property taxes in Wisner, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wisner is 1.32%, significantly higher than both the Nebraska state median of 1.54% and the U.S. national median of 0.99%. Local government entities within Wisner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wisner 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 Wisner's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68791 has the highest median property tax rate of 1.32%, while it also has the lowest median tax rate of 1.32%. Understanding how these cities compare with Wisner 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 Wisner Tax Rate
0.97%
Average Stanton County Tax Rate
1.63%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wisner, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68791 | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Wisner, Nebraska
In Wisner, 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 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 Wisner, 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 Wisner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median home price in Wisner is $196,358. The highest and lowest median tax bills are both $1,895, found in the zip code 68791. The 25th percentile tax bill is $1,396, while the 75th percentile tax bill is $2,575, and the 90th percentile tax bill is $3,256.
Average Wisner Assessed Value
$196,358
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 Wisner, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68791 | $107,684 | $144,642 | $196,358 | $266,766 | $337,374 |
Source: Ownwell
Property Tax Bills Across Wisner, Nebraska
In Wisner, Stanton County, NE, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by local assessors who evaluate the market value of the property. Once the assessed value is established, the tax rate is applied to calculate the annual tax bill. For example, with a median home price of $196,358, homeowners in Wisner can expect varying tax bills. Factors such as property location, market trends, and any applicable exemptions or deductions influence the final tax amount. The tax bill can significantly impact homeowners, with the 25th percentile paying around $1,396 and the 75th percentile facing a bill of approximately $2,575. At the 90th percentile, this figure rises to $3,256. Comparing these figures to the national median property tax rate of 0.99%, homeowners in Wisner experience a range of tax burdens that can affect their financial planning and property investment decisions.
Average Wisner Tax Bill
$1,895
Average Stanton County Tax Bill
$2,426
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Wisner, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68791 | $1,039 | $1,396 | $1,895 | $2,575 | $3,256 |
Source: Ownwell