Butte, Boyd County, Nebraska Property Taxes

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

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.54%

Estimate Property Tax Bill

$662

$614

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

Property Tax Rates Across Butte, Boyd County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Why? Because 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. Below, you can compare Butte’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.

Property Tax Rates Across Butte, Boyd County, Nebraska

Source: Ownwell

1.05%

1.29%

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 Butte Tax Rate

1.54%

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

In Butte, Boyd County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as the local school district's needs, county services, and infrastructure projects can influence the tax rate. Homeowners in Butte face varying tax bills, with the 25th percentile at $256 and the 75th percentile reaching $1,598. The highest median tax bill in the area is $652, significantly lower than the national median of $2,400, reflecting the region's more affordable property market. However, despite lower tax bills, many homeowners may still feel the financial pressure. Ownwell offers property tax appeal services to help homeowners potentially reduce their tax bills by ensuring their property is not over-assessed. By leveraging expertise in property taxes, Ownwell assists homeowners in navigating the appeal process, potentially leading to substantial savings on their annual property tax obligations.

Property Tax Bills Across Butte, Boyd County, Nebraska

Source: Ownwell

$300

$998

$1,695

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