Bushnell, Banner County, Nebraska Property Taxes

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

Median Bushnell, 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 Bushnell, NE home value: $255,352
Median annual Bushnell, NE tax bill: $3,491, $1,091 higher than the national median property tax bill of $2,400.

How are property taxes in Banner calculated?

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

Last Updated March 1, 2025

Bushnell, 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

$3,498

$3,246

Ownwell’s Bushnell Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bushnell with just two data points. By entering your property's estimated assessed value, our calculator applies Bushnell’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 Bushnell, Banner County, Nebraska

Local government entities set tax rates, which can vary significantly within Nebraska. Annually, 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.

Bushnell in Kimball County has an effective property tax rate that can be compared to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. The median property tax rate in Nebraska stands at 1.37%, which is notably higher than the national median of 1.02%. This means property owners in Nebraska, including those in Bushnell, generally face higher property tax rates compared to the national average. Understanding these differences is crucial for property owners who wish to manage their property tax liabilities effectively. By appealing property taxes or seeking exemptions, property owners can potentially reduce their tax burden and ensure they are not overpaying compared to others within the state or across the country.

Property Tax Rates Across Bushnell, 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 Bushnell 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 Bushnell, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69128	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bushnell, Banner County, Nebraska

When examining property taxes in Bushnell, NE, 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 appraisal district 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.

Assessment notices: 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 Bushnell.

For example, the median home price in Bushnell is $255,352, with tax bills ranging significantly across the county. Tax bills at the 25th percentile are $2,718, while at the 75th percentile, they reach $4,265.

Property Tax Assessment Values Across Bushnell, Banner County, Nebraska

Source: Ownwell

$133,954

$177,438

$220,922

Median Bushnell Market Value

$255,352

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 Bushnell, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69128	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bushnell, Banner County, Nebraska

In Bushnell, located in Banner County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in this area is $255,352, and property tax rates are applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Bushnell may face tax bills ranging from $2,718 at the 25th percentile to $4,729 at the 90th percentile, with the median tax bill surpassing the national median of $2,400. This can place a significant financial burden on homeowners. Ownwell offers property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell assists homeowners in navigating the complex property tax system. This support can lead to substantial savings, easing the financial strain of high property taxes in Bushnell.

Property Tax Bills Across Bushnell, Banner County, Nebraska

Source: Ownwell

$1,840

$2,433

$3,026

Median Bushnell Tax Bill

$3,491

Median Banner County Tax Bill

$1,965

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Bushnell, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69128	N/A	N/A	N/A	N/A	N/A

Source: Ownwell