Holstein, Adams County, Nebraska Property Taxes
Median Holstein, NE effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Holstein, NE home value: $94,639
Median annual Holstein, NE tax bill: $1,388, $1,012 lower than the national median property tax bill of $2,400.
How are property taxes in Adams calculated?
Property taxes in Holstein, NE are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Holstein’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holstein, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Holstein, Adams County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$1,363
$1,265
Ownwell’s Holstein Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Holstein with just two data points.
By entering your property's estimated assessed value, our calculator applies Holstein’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Adams County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Holstein, Adams County, Nebraska
Local government entities are responsible for setting tax rates, which can differ significantly across a state. This variation is due to the annual process where each county estimates its budgetary needs for public services and divides that by the total assessed value of all taxable properties within its boundaries. This calculation determines the property tax rate. Although the process involves votes and legislative measures, this is essentially how it operates each year.
In Holstein, located in Adams County, Nebraska, the effective property tax rate stands at 1.44%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Holstein to other cities in Nebraska, it becomes evident that Holstein's property tax rate is among the highest in the state, matching the state's median rate of 1.44%. This highlights the significant impact local tax policies can have on property owners. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Holstein Tax Rate
1.44%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Adams County Tax Rate
2.25%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Holstein, Adams County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68950 | 1.11% | 1.28% | 1.44% | 1.44% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Holstein, Adams County, Nebraska
When examining property taxes in Holstein, Nebraska, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Adams County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Adams County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Holstein. For example, the median home price in Holstein is $94,639, with tax bills ranging significantly across the county. Zip code 68950 has the highest median home price at $94,639.
Property Tax Assessment Values Across Holstein, Adams County, Nebraska
Source: Ownwell
$56,732
$296,748
$536,763
Median Holstein Market Value
$94,639
Median Adams County Market Value
$124,114
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Holstein, Adams County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68950 | $47,605 | $63,595 | $94,639 | $183,630 | $502,929 |
Source: Ownwell
Property Tax Bills Across Holstein, Adams County, Nebraska
In Holstein, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the property tax rate set by local government authorities. Factors such as property location, size, and improvements can influence the assessed value. In Adams County, the median property tax bill is $1,388, which is below the national median of $2,400, making it relatively affordable for homeowners. However, for those in the higher brackets, property tax bills can reach up to $6,313, presenting a significant financial burden.
Ownwell offers valuable assistance to homeowners by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with similar properties, Ownwell identifies any discrepancies that could reduce your tax liability. Engaging with Ownwell can lead to substantial savings on your property tax bill, ensuring you only pay your fair share. With Ownwell’s expertise, homeowners in Holstein can navigate the complexities of property taxes with confidence.
Median Holstein Tax Bill
$1,388
Median Adams County Tax Bill
$2,530
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Holstein, Adams County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68950 | $584 | $927 | $1,388 | $2,833 | $6,313 |
Source: Ownwell