Columbus, Butler County, Nebraska Property Taxes
Median Columbus, NE effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Columbus, NE home value: $160,580
Median annual Columbus, NE tax bill: $1,745, $655 lower than the national median property tax bill of $2,400.
How are property taxes in Butler County calculated?
Property taxes in Columbus, 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 Columbus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Columbus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Columbus, Butler County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$1,750
$1,624
Property Tax Rates Across Columbus, Butler County, Nebraska
Local government entities set tax rates, which can vary widely within a state. 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 Columbus’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
Columbus, located in Butler County, has an effective property tax rate that aligns with the highest median tax rate in the state at 1.09%, which is above the national median of 1.02%. This means that residents in Columbus pay a slightly higher percentage of their property's assessed value in taxes compared to the national average. However, this rate is consistent across the region, as both the highest and lowest median tax rates in Nebraska are the same. Understanding these rates can help homeowners in Columbus make informed decisions about their property taxes and potential savings through appeals or exemptions.
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 Columbus Tax Rate
1.09%
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 Columbus, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68601 | 1.08% | 1.09% | 1.09% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Columbus, Butler County, Nebraska
When examining property taxes in Columbus, 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.
In Butler County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Columbus.
For example, the median home price in Columbus is $160,580, with tax bills ranging significantly across the county. Zip code 68601 has the highest median home price at $160,580.
Property Tax Assessment Values Across Columbus, Butler County, Nebraska
Source: Ownwell
$42,318
$172,608
$302,898
Median Columbus Market Value
$160,580
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 Columbus, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68601 | $35,301 | $76,276 | $160,580 | $258,354 | $316,143 |
Source: Ownwell
Property Tax Bills Across Columbus, Butler County, Nebraska
In Columbus, Nebraska, property tax bills are calculated based on the assessed value of a property, which is determined by the local county assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median property tax bill in Columbus is $1,745, which is lower than the national median of $2,400. This suggests that homeowners in Columbus may pay less in property taxes compared to many other regions. However, property tax bills can vary significantly, with some homeowners paying as little as $812 and others paying up to $4,183, depending on their property's assessed value and location within the city.
Ownwell can assist homeowners by reviewing their property assessments and identifying opportunities for tax savings. By filing appeals on behalf of homeowners, Ownwell aims to ensure that properties are not over-assessed, potentially lowering tax bills. This service can be particularly beneficial for homeowners in Columbus seeking to reduce their financial burden and ensure fair property tax assessments.
Median Columbus Tax Bill
$1,745
Median Butler County Tax Bill
$1,858
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Columbus, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68601 | $404 | $812 | $1,745 | $3,195 | $4,183 |
Source: Ownwell