Beaver Crossing, Nebraska Property Taxes
The median property tax rate in Beaver Crossing, NE is 0.93%, 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 Beaver Crossing at $201,833, the typical annual property tax bill is $1,871, which is less than the national median of $2,690. Property taxes in Beaver Crossing are calculated based on the tax assessed value, often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Beaver Crossing'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 Beaver Crossing or another part of York County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beaver Crossing, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,877
$1,742
Ownwell’s Beaver Crossing Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beaver Crossing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beaver Crossing 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 Beaver Crossing, Nebraska
Property taxes in Beaver Crossing, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beaver Crossing is 0.93%, slightly below the U.S. national median of 0.99%. Local government entities within Beaver Crossing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beaver Crossing 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 Beaver Crossing's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68313 zip code has both the highest and lowest median property tax rate of 0.93%. Understanding how these cities compare with Beaver Crossing provides valuable insights into the varying tax landscape across York County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beaver Crossing Tax Rate
0.93%
Average York County Tax Rate
1.78%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaver Crossing, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68313 | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Beaver Crossing, Nebraska
In Beaver Crossing, 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 York 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 Beaver Crossing, 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 Beaver Crossing helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1871, found in the 68313 zip code.
Property Tax Assessment Values Across Beaver Crossing, Nebraska
Source: Ownwell
$37,116
$159,953
$282,789
Average Beaver Crossing Assessed Value
$201,833
Average York County Assessed Value
$120,076
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beaver Crossing, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68313 | $201,833 | $201,833 | $201,833 | $201,833 | $201,833 |
Source: Ownwell
Property Tax Bills Across Beaver Crossing, Nebraska
In Beaver Crossing, located in York County, NE, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $201,833. To determine the tax bill, local tax authorities apply the property tax rate to the assessed value. For Beaver Crossing, the median property tax rate is 0.93%, which is slightly below the national median of 0.99%. This means that homeowners can expect a median property tax bill of approximately $1,871. Several factors influence the final tax bill, including the assessed value of the property and any applicable exemptions or deductions. These factors ensure that the tax burden is distributed fairly among homeowners. For instance, properties assessed at higher values will incur higher tax bills, reflecting their greater market value. This system impacts homeowners by directly correlating their tax responsibilities with the value of their property, allowing for a more equitable distribution of tax obligations across the community.
Average Beaver Crossing Tax Bill
$1,871
Average York County Tax Bill
$1,911
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaver Crossing, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68313 | $1,871 | $1,871 | $1,871 | $1,871 | $1,871 |
Source: Ownwell