Dwight, Butler County, Nebraska Property Taxes

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

Median Dwight, NE effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Dwight, NE home value: $137,228
Median annual Dwight, NE tax bill: $1,936, $464 lower than the national median property tax bill of $2,400.

How are property taxes in Butler County calculated?

Property taxes in Dwight, 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 Dwight’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dwight, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Dwight, Butler County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$1,468

$1,363

Ownwell’s Dwight Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dwight with just two data points. By entering your property's estimated assessed value, our calculator applies Dwight’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 Dwight, Butler County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Dwight, located in Butler County, Nebraska, the effective property tax rate is a reflection of this process. Compared to other cities in Nebraska, Dwight's rate aligns with the state's median property tax rate of 1.07%, which is slightly above the national median of 1.02%. This means that property owners in Dwight might pay a bit more than the average American homeowner, but the rates are consistent with state norms. Understanding these rates helps property owners anticipate their annual tax obligations and plan accordingly. The slightly higher rate in Nebraska underscores the importance of appealing property tax assessments to ensure fair taxation.

Property Tax Rates Across Dwight, Butler County, Nebraska

Source: Ownwell

1.07%

1.28%

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 Dwight Tax Rate

1.07%

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 Dwight, Butler County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68635	1.04%	1.06%	1.07%	1.68%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Dwight, Butler County, Nebraska

When examining property taxes in Dwight, 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 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 Dwight. For example, the median home price in Dwight is $137,228, with tax bills ranging significantly across the county. Zip code 68635 has the highest median home price at $137,228.

Property Tax Assessment Values Across Dwight, Butler County, Nebraska

Source: Ownwell

$42,318

$172,608

$302,898

Median Dwight Market Value

$137,228

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 Dwight, Butler County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68635	$28,028	$78,432	$137,228	$308,259	$893,606

Source: Ownwell

Property Tax Bills Across Dwight, Butler County, Nebraska

In Dwight, located in Butler County, NE, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in Dwight stands at $137,228, influencing the tax bill calculations. For homeowners, tax bills can range significantly, with the 25th percentile at $1,086 and the 75th percentile reaching $4,007. At the 90th percentile, tax bills can escalate to $9,408, reflecting variations in property values and tax rates. The highest and lowest median tax bill within the area is $1,936, which is below the national median property tax bill of $2,400. This discrepancy highlights the potential for savings in this region compared to national figures. Homeowners in Dwight can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging their knowledge, homeowners can potentially reduce their tax obligations, ensuring they are not overpaying. Ownwell's services offer a strategic approach to navigating property tax complexities, ultimately helping residents save money on their property tax bills.

Property Tax Bills Across Dwight, Butler County, Nebraska

Source: Ownwell

$481

$1,898

$3,315

Median Dwight Tax Bill

$1,936

Median Butler County Tax Bill

$1,858

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Dwight, Butler County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68635	$311	$1,086	$1,936	$4,007	$9,408

Source: Ownwell