Linwood, Butler County, Nebraska Property Taxes
Median Linwood, NE effective property tax rate: 1.36%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Linwood, NE home value: $145,948
Median annual Linwood, NE tax bill: $1,767, $633 lower than the national median property tax bill of $2,400.
How are property taxes in Butler calculated?
Property taxes in Linwood, 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 Linwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Linwood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Linwood, Butler County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.36%
Estimate Property Tax Bill
$1,985
$1,842
Property Tax Rates Across Linwood, Butler County, Nebraska
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 Linwood Tax Rate
1.36%
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 Linwood, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68036 | 1.06% | 1.10% | 1.36% | 1.40% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Linwood, Butler County, Nebraska
When examining property taxes in Linwood, 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 Linwood. For example, the median home price in Linwood is $145,948, with tax bills ranging significantly across the county. 68036 has the highest median home price at $145,948.
Property Tax Assessment Values Across Linwood, Butler County, Nebraska
Source: Ownwell
$42,318
$172,608
$302,898
Median Linwood Market Value
$145,948
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 Linwood, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68036 | $5,548 | $34,499 | $145,948 | $431,072 | $661,855 |
Source: Ownwell
Property Tax Bills Across Linwood, Butler County, Nebraska
In Linwood, Nebraska, property tax bills are determined by assessing the property's market value, which is then multiplied by the local tax rate. With the median home price at $145,948, homeowners in Linwood face property tax bills that vary widely. The 25th percentile tax bill is $415, while the 75th percentile reaches $5,316, showing a significant range based on property value and location. The highest median tax bill in Butler County is $1,767, which is below the national median property tax bill of $2,400. These figures highlight how property taxes can impact homeowners differently, depending on their property's assessed value and the applicable tax rate.
Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying. This service can lead to substantial savings, particularly for those in higher tax brackets, ensuring that property taxes are fair and accurately reflect the property's true market value.
Median Linwood Tax Bill
$1,767
Median Butler County Tax Bill
$1,858
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Linwood, Butler County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68036 | $77 | $415 | $1,767 | $5,316 | $8,323 |
Source: Ownwell