Bellwood, Butler County, Nebraska Property Taxes
Property Taxes in Bellwood, Nebraska
Median Bellwood, Nebraska effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Bellwood, Nebraska home value: $161,738
Median annual Bellwood, Nebraska tax bill: $1,534, $866 lower than the national median property tax bill of $2,400.
How are property taxes in Butler calculated?
Property taxes in Bellwood, Nebraska 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 Bellwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bellwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bellwood, Butler County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,245
$1,156
How Does the Bellwood Property Tax Calculator Work?
Use this Bellwood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bellwood's median effective tax rate of 0.77% — based on actual property records in Butler County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bellwood's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Bellwood: rates range from 0.77% in 68624 to 0.77% in 68624, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Bellwood.
About Bellwood Property Taxes
About Property Taxes in Bellwood, Butler, Nebraska
Bellwood’s median effective property tax rate of 0.77% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Butler County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Bellwood. Homeowners in the 68624 ZIP code carry a median effective rate of 0.77%, while those in the same ZIP code pay 0.77%. This spread reflects how school district boundaries and local assessment districts are drawn across Butler County. Understanding which part of Bellwood you live in can make a meaningful difference to your annual tax bill.
Bellwood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 30, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Bellwood, Butler County, Nebraska
As noted earlier, 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 Bellwood's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Bellwood Tax Rate
0.77%
Our median effective property tax rate (tax bill Ă· 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 Butler County Tax Rate
1.16%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bellwood, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68624 | 0.74% | 0.75% | 0.77% | 1.27% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Bellwood, Butler County, Nebraska
When examining property taxes in Bellwood, 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 Butler 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.
Assessment notices:
In Butler County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
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. For Bellwood, the median home price is $161,738, and the median tax bill is $1,534, compared with the national median property tax bill of $2,400. Tax bills range across the county, with the 25th percentile at $701 and the 75th percentile at $2,405. The highest median home price is $161,738 in zip code 68624.
Property Tax Assessment Values Across Bellwood, Butler County, Nebraska
Source: Ownwell
$45,075
$176,030
$306,985
Median Bellwood Market Value
$161,738
Median Butler County Market Value
$157,312
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bellwood, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68624 | $31,892 | $84,611 | $161,738 | $265,462 | $504,684 |
Source: Ownwell
Property Tax Bills Across Bellwood, Butler County, Nebraska
Property tax bills in Bellwood are calculated using the assessed value of a home and the local tax rate set for Butler County, Nebraska. The assessed value is based on the market value of the property, and that figure is then multiplied by the applicable tax rate to determine the bill. For homeowners, this means that changes in market value or local tax rates can directly affect what they owe each year.
For Bellwood homeowners, the typical tax burden is shaped by the local housing market. The median home price is $161,738, and property tax bills vary widely across the area. The 25th percentile tax bill is $701, while the 75th percentile reaches $2,405. At the high end, the 90th percentile tax bill is $4,101. In zip code 68624, the median tax bill is $1,534, which is below the national median property tax bill of $2,400 and reflects how local assessments and rates can influence annual costs.
Median Bellwood Tax Bill
$1,534
Median Butler County Tax Bill
$1,593
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Bellwood, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68624 | $209 | $701 | $1,534 | $2,405 | $4,101 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Butler Tax Assessor | |
| Website | butler.gworks.com |