Brainard, Butler County, Nebraska Property Taxes
Median Brainard, NE effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Brainard, NE home value: $181,710
Median annual Brainard, NE tax bill: $2,340, $60 lower than the national median property tax bill of $2,400.
How are property taxes in Butler County calculated?
Property taxes in Brainard, 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 Brainard’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brainard, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brainard, Butler County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.2%
Estimate Property Tax Bill
$2,181
$2,023
Ownwell’s Brainard Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brainard with just two data points. By entering your property's estimated assessed value, our calculator applies Brainard’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 Butler County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Brainard, Butler County, Nebraska
Local government entities are responsible for setting property tax rates, which can significantly differ across the state. This variability is due to each county's annual budget estimation to fund local services, which is then divided by the total value of all taxable properties within the county to determine the property tax rate. While the process involves legislation and voting, this is the basic annual procedure for setting tax rates.
Comparing Brainard's effective property tax rate with other cities in Nebraska, you’ll notice that Brainard, located in Butler County, aligns with the state's median property tax rate of 1.20%. This rate is slightly above the national median property tax rate of 1.02%. Brainard's property tax rate reflects the county's commitment to balancing necessary public services with taxpayers' contributions. Understanding these rates can help property owners in Brainard and across the state make informed decisions about property investments and financial planning. As property tax rates directly impact annual expenses, staying informed about local tax trends is crucial for homeowners and prospective buyers alike.
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 Brainard Tax Rate
1.20%
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 Butler County Tax Rate
1.49%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brainard, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68626 | 1.05% | 1.06% | 1.20% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Brainard, Butler County, Nebraska
When examining property taxes in Brainard, 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 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.
In Butler 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 Brainard.
For example, the median home price in Brainard is $181,710, with tax bills ranging significantly across the county. Zip code 68626 has the highest median home price at $181,710.
Property Tax Assessment Values Across Brainard, Butler County, Nebraska
Source: Ownwell
$42,318
$172,608
$302,898
Median Brainard Market Value
$181,710
Median Butler County Market Value
$140,672
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brainard, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68626 | $41,682 | $93,942 | $181,710 | $324,830 | $722,359 |
Source: Ownwell
Property Tax Bills Across Brainard, Butler County, Nebraska
Median Brainard Tax Bill
$2,340
Median Butler County Tax Bill
$1,858
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Brainard, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68626 | $585 | $1,215 | $2,340 | $4,174 | $7,552 |
Source: Ownwell