Butte, Boyd County, Nebraska Property Taxes
Median Butte, NE effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Butte, NE home value: $42,960
Median annual Butte, NE tax bill: $652, $1,748 lower than the national median property tax bill of $2,400.
How are property taxes in Boyd County calculated?
Property taxes in Butte, 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 Butte’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Butte, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Butte, Boyd County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$662
$614
Property Tax Rates Across Butte, Boyd County, Nebraska
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 Butte Tax Rate
1.54%
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 Boyd County Tax Rate
1.36%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Butte, Boyd County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68722 | 1.03% | 1.04% | 1.54% | 1.54% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Butte, Boyd County, Nebraska
When examining property taxes in Butte, 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 Boyd 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 Boyd 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 Butte.
For example, the median home price in Butte is $42,960, with tax bills ranging significantly across the county. 68722 has the highest median home price at $42,960.
Property Tax Assessment Values Across Butte, Boyd County, Nebraska
Source: Ownwell
$20,165
$75,868
$131,570
Median Butte Market Value
$42,960
Median Boyd County Market Value
$47,040
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Butte, Boyd County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68722 | $6,772 | $17,798 | $42,960 | $126,298 | $372,106 |
Source: Ownwell
Property Tax Bills Across Butte, Boyd County, Nebraska
Median Butte Tax Bill
$652
Median Boyd County Tax Bill
$645
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Butte, Boyd County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68722 | $88 | $256 | $652 | $1,598 | $3,863 |
Source: Ownwell