Rosalie, Nebraska Property Taxes
The median property tax rate in Rosalie, NE is 2.35%, significantly higher than both the national median of 0.99% and Nebraska's state median of 1.75%. With a median home value of $35,580 in Rosalie, the typical annual property tax bill amounts to $813, surpassing the national median of $2,690. Property taxes in Rosalie are 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 Rosalie'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 Rosalie or another part of Thurston County, a thorough knowledge of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rosalie, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.35%
Estimate Property Tax Bill
$836
Ownwell’s Rosalie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosalie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosalie 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 Rosalie, Nebraska
Property taxes in Rosalie, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosalie is 2.35%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Rosalie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosalie 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 Rosalie's effective property tax rate to other areas in Nebraska and the national median. For comparison, the zip code 68055 has the highest median property tax rate of 2.35%, while the same zip code also has the lowest median tax rate of 2.35%. Understanding how these areas compare with Rosalie provides valuable insights into the varying tax landscape across Thurston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rosalie Tax Rate
2.35%
Average Thurston County Tax Rate
1.87%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosalie, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68055 | 1.29% | 1.30% | 2.35% | 2.35% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Rosalie, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rosalie, Nebraska. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Thurston 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. This assessed value is then used to calculate property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Rosalie, 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, the median home price in Rosalie is $35,580, with tax bills ranging from $494 at the 25th percentile to $1,535 at the 75th percentile, and reaching up to $5,283 at the 90th percentile. The highest median tax bill, $813, is found in the zip code 68055, which also has the lowest median tax bill. Understanding these valuation concepts helps property owners navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to manage their tax burden effectively.
Average Rosalie Assessed Value
$35,580
Average Thurston County Assessed Value
$86,240
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rosalie, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68055 | $6,987 | $21,121 | $35,580 | $111,431 | $387,605 |
Source: Ownwell
Property Tax Bills Across Rosalie, Nebraska
In Rosalie, Thurston County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in Rosalie is $35,580. Property tax rates in the area are influenced by various factors, including the local government's budget needs, school funding, and public services. Homeowners in Rosalie can expect their property tax bills to vary significantly. For instance, those in the 25th percentile pay around $494, while those in the 75th percentile face bills of approximately $1,535. At the upper end, the 90th percentile sees tax bills as high as $5,283. Comparatively, the median property tax rate in Rosalie is lower than the national median of 0.99%. This variability in property tax bills can significantly impact homeowners, influencing their overall cost of living and financial planning. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Rosalie Tax Bill
$813
Average Thurston County Tax Bill
$1,554
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosalie, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68055 | $143 | $494 | $813 | $1,535 | $5,283 |
Source: Ownwell