Alvo, Cass County, Nebraska Property Taxes
Median ALVO, NE effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median ALVO, NE home value: $174,016
Median annual ALVO, NE tax bill: $3,000, $600 higher than the national median property tax bill of $2,400.
How are property taxes in Cass calculated?
Property taxes in ALVO, 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 ALVO’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ALVO, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alvo, Cass County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$2,680
$2,487
Ownwell’s ALVO Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in ALVO with just two data points.
By entering your property's estimated assessed value, our calculator applies ALVO’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 Cass County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Alvo, Cass County, Nebraska
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the budget necessary for providing services and divide this by the total value of all taxable property in their jurisdiction. This calculation yields the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the core of the yearly process.
In Alvo, located in Cass County, Nebraska, the effective property tax rate is 1.54%, which aligns with both the highest and lowest median rates in the state. This rate is notably higher than the national median property tax rate of 1.02%. Nebraska's median property tax rate of 1.54% also surpasses the national average, indicating a higher tax burden on property owners compared to other regions in the United States. This comparison provides a clearer picture of how Alvo's property tax rate stands in relation to other cities within Nebraska and the broader national context.
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 Alvo Tax Rate
1.54%
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 Cass County Tax Rate
1.72%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alvo, Cass County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68304 | 1.45% | 1.53% | 1.54% | 2.24% | 2.24% |
Source: Ownwell
Property Tax Assessment Values Across Alvo, Cass County, Nebraska
When examining property taxes in ALVO, NE, 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 Cass County Assessor's Office 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 Cass 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 ALVO. For example, the median home price in ALVO is $174,016, with tax bills ranging significantly across the county. Zip code 68304 has the highest median home price at $174,016.
Property Tax Assessment Values Across Alvo, Cass County, Nebraska
Source: Ownwell
$118,596
$247,579
$376,562
Median Alvo Market Value
$174,016
Median Cass County Market Value
$194,901
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alvo, Cass County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68304 | $41,992 | $78,170 | $174,016 | $304,423 | $448,326 |
Source: Ownwell
Property Tax Bills Across Alvo, Cass County, Nebraska
Median Alvo Tax Bill
$3,000
Median Cass County Tax Bill
$3,260
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Alvo, Cass County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68304 | $621 | $1,512 | $3,000 | $4,625 | $7,048 |
Source: Ownwell