Bridgeport, Banner County, Nebraska Property Taxes

Name: Property Tax Bills Across Bridgeport, Banner County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bridgeport, NE effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Bridgeport, NE home value: $135,972
Median annual Bridgeport, NE tax bill: $1,869, $531 lower than the national median property tax bill of $2,400.

How are property taxes in Banner County calculated?

Property taxes in Bridgeport, 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 Bridgeport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bridgeport, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bridgeport, Banner County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$1,863

$1,729

Ownwell’s Bridgeport Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bridgeport with just two data points. By entering your property's estimated assessed value, our calculator applies Bridgeport’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 Banner County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bridgeport, Banner County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Bridgeport in Banner County, Nebraska, presents an interesting case when compared to other cities in the state and the national median. With Nebraska's median property tax rate standing at 1.37%, it surpasses the national median of 1.02%. This means that property owners in Bridgeport may find themselves paying higher taxes compared to the national average. However, the specific rate in Bridgeport can differ from the state median due to local budgetary needs and property values.

Understanding these nuances can be crucial for property owners looking to manage their tax liabilities effectively. By staying informed about the local tax landscape, property owners in Bridgeport can make informed decisions, potentially saving money through appeals or exemptions where applicable.

Property Tax Rates Across Bridgeport, Banner County, Nebraska

Source: Ownwell

1.37%

1.51%

1.64%

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 Bridgeport Tax Rate

1.37%

Median Effective Banner County Tax Rate

1.37%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bridgeport, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69336	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bridgeport, Banner County, Nebraska

When examining property taxes in Bridgeport, 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 Banner 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 Banner 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 Bridgeport.

For example, the median home price in Bridgeport is $135,972, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bridgeport, Banner County, Nebraska

Source: Ownwell

$133,954

$177,438

$220,922

Median Bridgeport Market Value

$135,972

Median Banner County Market Value

$144,301

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bridgeport, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69336	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bridgeport, Banner County, Nebraska

In Bridgeport, located in Banner County, NE, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value of the home, which in Bridgeport is influenced by factors such as location, size, and condition of the property. With a median home price of $135,972, the local tax rate is applied to calculate the annual tax bill. Homeowners in Bridgeport typically see tax bills ranging from $1,316 at the 25th percentile to $3,037 at the 90th percentile. This range indicates a significant variance that can impact homeowners' financial planning, especially when compared to the national median property tax bill of $2,400. Ownwell can assist homeowners by providing expert property tax appeal services to ensure they are not overpaying. By analyzing local tax assessments and market conditions, Ownwell helps identify discrepancies and file appeals, potentially reducing the tax burden and resulting in savings for homeowners.

Property Tax Bills Across Bridgeport, Banner County, Nebraska

Source: Ownwell

$1,840

$2,433

$3,026

Median Bridgeport Tax Bill

$1,869

Median Banner County Tax Bill

$1,965

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Bridgeport, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69336	N/A	N/A	N/A	N/A	N/A

Source: Ownwell