Webster County Property Taxes
The median property tax rate in Webster County is 1.75%, which matches the Nebraska state median but is significantly higher than the national median of 0.99%. With a median home value of $71,225, the typical annual property tax bill in Webster County is $1,254, considerably lower than the national median of $2,690. Property taxes here are calculated based on the assessed value, which often falls below the actual market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Webster County's property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Red Cloud or another part of Webster County, gaining a thorough understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Webster County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.75%
Estimate Property Tax Bill
$1,246
$1,157
Ownwell’s Webster County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Webster County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Webster County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Webster County, Nebraska
Property taxes in Webster County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Webster County is 1.75%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Webster County set these rates annually, and they can vary significantly between different areas within the county. Each year, Webster County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Blue Hill has one of the higher property tax rates in the region at 2.11%, while the city of Campbell boasts one of the lowest at 1.02%. Analyzing how Webster County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Webster County Tax Rate
1.75%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Webster County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bladen | 1.03% | 1.04% | 1.49% | 1.49% | 1.49% |
Blue Hill | 1.43% | 1.45% | 2.11% | 2.11% | 2.11% |
Campbell | 1.01% | 1.02% | 1.02% | 1.03% | 1.21% |
Cowles | 1.36% | 1.47% | 1.47% | 1.47% | 1.47% |
Guide Rock | 1.52% | 1.53% | 1.97% | 1.97% | 1.97% |
Inavale | 1.26% | 1.27% | 1.29% | 1.29% | 1.29% |
Lawrence | 1.17% | 1.18% | 1.19% | 1.19% | 1.37% |
Red Cloud | 1.28% | 1.29% | 1.75% | 1.75% | 1.75% |
Riverton | 1.27% | 1.27% | 1.27% | 1.27% | 1.28% |
Rosemont | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Webster County, Nebraska
In Webster County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Webster County Appraisal District. The assessed value, however, 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. Assessment notices in Webster County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Riverton has the highest median tax bill at $7,029, while Cowles has the lowest at $191. Being aware of these valuation processes in Webster County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Webster County, Nebraska
Source: Ownwell
$13,032
$283,675
$554,318
Average Webster County Assessed Value
$71,225
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Webster County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bladen | $7,050 | $22,550 | $59,965 | $200,220 | $390,720 |
Blue Hill | $21,128 | $52,500 | $105,918 | $195,521 | $394,798 |
Campbell | $107,506 | $247,170 | $367,210 | $702,425 | $932,592 |
Cowles | $2,358 | $4,121 | $13,032 | $18,368 | $27,888 |
Guide Rock | $3,721 | $9,826 | $38,882 | $206,286 | $442,070 |
Inavale | $2,523 | $5,228 | $40,325 | $235,428 | $390,650 |
Lawrence | $124,762 | $157,675 | $298,785 | $440,680 | $596,044 |
Red Cloud | $8,202 | $20,545 | $53,552 | $120,976 | $242,144 |
Riverton | $279,156 | $382,341 | $554,318 | $726,294 | $829,480 |
Rosemont | $5,812 | $9,286 | $39,198 | $94,204 | $121,428 |
Source: Ownwell
Property Tax Bills Across Webster County, Nebraska
In Webster 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 reflects the market value of the property. This value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $71,225, homeowners can expect to see a range of tax bills. At the 25th percentile, the tax bill is around $373, while at the 75th percentile, it climbs to approximately $2,804. For those in the 90th percentile, tax bills can reach up to $5,532. These variations highlight the impact of property value and local tax rates on homeowners. While some areas, like Riverton, experience high median tax bills of $7,029, others, such as Cowles, have significantly lower median tax bills at just $191. Understanding these factors is crucial for homeowners as they navigate their financial responsibilities.
Average Webster County Tax Bill
$1,254
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Webster County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bladen | $87 | $296 | $976 | $2,171 | $5,030 |
Blue Hill | $406 | $943 | $2,015 | $3,649 | $6,160 |
Campbell | $1,501 | $2,658 | $4,502 | $7,338 | $9,026 |
Cowles | $35 | $55 | $191 | $280 | $413 |
Guide Rock | $72 | $195 | $756 | $3,419 | $7,132 |
Inavale | $31 | $65 | $536 | $3,046 | $4,833 |
Lawrence | $1,578 | $1,901 | $3,161 | $5,935 | $7,262 |
Red Cloud | $123 | $332 | $851 | $1,938 | $3,557 |
Riverton | $3,556 | $4,859 | $7,029 | $9,200 | $10,502 |
Rosemont | $78 | $93 | $847 | $1,449 | $1,719 |
Source: Ownwell