Royal, Antelope County, Nebraska Property Taxes
Median Royal, NE effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Royal, NE home value: $88,110
Median annual Royal, NE tax bill: $1,000, $1,400 lower than the national median property tax bill of $2,400.
How are property taxes in Antelope County calculated?
Property taxes in Royal, 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 Royal’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Royal, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Royal, Antelope County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$1,031
$957
Property Tax Rates Across Royal, Antelope County, Nebraska
Local government entities in Nebraska set tax rates, which can vary significantly across the state. This variation is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Royal, located in Antelope County, the effective property tax rate is 1.17%, which aligns with the highest and lowest median tax rates within the state. This rate is slightly above the national median property tax rate of 1.02%. The median property tax bill in Royal reflects the state's commitment to funding local services through property taxes.
Comparing Royal’s tax rate to the national median provides a perspective on how property taxes in Nebraska can impact homeowners. While Royal's rate is higher than the national average, it underscores the importance of understanding local tax obligations and the potential benefits of appealing property assessments to ensure fair taxation.
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 Royal Tax Rate
1.17%
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 Antelope County Tax Rate
1.29%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Royal, Antelope County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68773 | 1.05% | 1.06% | 1.17% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Royal, Antelope County, Nebraska
When examining property taxes in Royal, 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 Antelope County Assessor's Office 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 Antelope 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 Royal. For example, the median home price in Royal is $88,110, with tax bills ranging significantly across the county. Zip code 68773 has the highest median home price at $88,110.
Property Tax Assessment Values Across Royal, Antelope County, Nebraska
Source: Ownwell
$29,015
$216,835
$404,655
Median Royal Market Value
$88,110
Median Antelope County Market Value
$117,295
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Royal, Antelope County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68773 | $7,177 | $24,078 | $88,110 | $306,528 | $578,801 |
Source: Ownwell
Property Tax Bills Across Royal, Antelope County, Nebraska
Median Royal Tax Bill
$1,000
Median Antelope County Tax Bill
$1,685
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Royal, Antelope County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68773 | $109 | $307 | $1,000 | $3,600 | $6,186 |
Source: Ownwell