David City, Butler County, Nebraska Property Taxes
Median DAVID CITY, NE effective property tax rate: 1.49%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median DAVID CITY, NE home value: $142,375
Median annual DAVID CITY, NE tax bill: $1,973, $427 lower than the national median property tax bill of $2,400.
How are property taxes in Butler calculated?
Property taxes in DAVID CITY, 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 DAVID CITY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in DAVID CITY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
David City, Butler County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.49%
Estimate Property Tax Bill
$2,121
$1,969
Property Tax Rates Across David City, 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 David City’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
David City, located in Butler County, Nebraska, has a median property tax rate of 1.49%. This rate is significantly higher than the national median property tax rate of 1.02%. In comparison, the median property tax bill in David City is also higher than the national median property tax bill of $2400. This makes it crucial for property owners in David City to explore potential tax appeal and exemption opportunities. Understanding these differences can help property owners make informed decisions about their property tax obligations and potentially reduce their tax burden.
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 David City Tax Rate
1.49%
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 David City, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68632 | 1.08% | 1.09% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across David City, Butler County, Nebraska
When examining property taxes in David City, 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 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 David City. For example, the median home price in David City is $142,375, with tax bills ranging significantly across the county. Zip code 68632 has the highest median home price at $142,375.
Property Tax Assessment Values Across David City, Butler County, Nebraska
Source: Ownwell
$42,318
$172,608
$302,898
Median David City Market Value
$142,375
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 David City, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68632 | $38,841 | $78,580 | $142,375 | $230,700 | $385,787 |
Source: Ownwell
Property Tax Bills Across David City, Butler County, Nebraska
In DAVID CITY, located in Butler County, NE, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, property size, and improvements. Homeowners in DAVID CITY face property tax bills that can vary significantly, with the 25th percentile at $1,063 and the 75th percentile reaching $3,177. Comparatively, the national median property tax bill is $2,400, making DAVID CITY's tax bills relatively moderate.
For homeowners looking to reduce their property tax burdens, our services provide valuable assistance. By evaluating your property's assessed value, we identify discrepancies and potential savings. Our team of experts can guide you through the appeal process, ensuring that you pay only your fair share. This can result in significant savings, especially for those with higher tax bills. Let us help you navigate the complexities of property taxes and maximize your savings.
Median David City Tax Bill
$1,973
Median Butler County Tax Bill
$1,858
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across David City, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68632 | $540 | $1,063 | $1,973 | $3,177 | $5,150 |
Source: Ownwell