Bartlett, Nebraska Property Taxes
The median property tax rate in Bartlett, Nebraska is 0.92%, slightly below the national median of 0.99% and significantly lower than Nebraska's state median of 1.75%. With the median home value in Bartlett at $86,390, the typical annual property tax bill amounts to $974, which is well below the national median of $2,690. Property taxes in Bartlett are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Bartlett'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 Bartlett or another part of Wheeler County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bartlett, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$795
Ownwell’s Bartlett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bartlett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bartlett 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 Bartlett, Nebraska
Property taxes in Bartlett, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bartlett is 0.92%, which is slightly below the U.S. national median of 0.99%. Local government entities within Bartlett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bartlett 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 Bartlett's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68622 has both the highest and lowest median property tax rates in the county, with a rate of 0.92%. Understanding how these cities compare with Bartlett provides valuable insights into the varying tax landscape across Wheeler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bartlett Tax Rate
0.92%
Average Wheeler County Tax Rate
0.92%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bartlett, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68622 | 0.90% | 0.90% | 0.92% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Bartlett, Nebraska
In Bartlett, 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 Wheeler County Appraisal District 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 Bartlett, 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. Bartlett’s median home price is $86,390, with tax bills ranging significantly. The 25th percentile tax bill is $483, while the 75th percentile tax bill is $3,379, and the 90th percentile tax bill reaches $5,703. Notably, the zip code 68622 has both the highest and lowest median tax bill, each at $974. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bartlett Assessed Value
$86,390
Average Wheeler County Assessed Value
$83,545
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bartlett, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68622 | $11,268 | $35,890 | $86,390 | $368,440 | $647,762 |
Source: Ownwell
Property Tax Bills Across Bartlett, Nebraska
In Bartlett, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Various factors influence the assessed value, including the property's market value, location, and any improvements made to the property. For homeowners in Bartlett, the median home price is $86,390, and tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $483, while it reaches $3,379 at the 75th percentile and $5,703 at the 90th percentile. These figures highlight the range of property tax burdens homeowners might face. Compared to the national median property tax rate of 0.99%, property taxes in Bartlett may seem relatively manageable, but they still represent a significant expense for homeowners, particularly those with higher-value properties. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Bartlett Tax Bill
$974
Average Wheeler County Tax Bill
$831
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Bartlett, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68622 | $161 | $483 | $974 | $3,379 | $5,703 |
Source: Ownwell