Louisville, Cass County, Nebraska Property Taxes

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

Median Louisville, NE effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Louisville, NE home value: $220,869
Median annual Louisville, NE tax bill: $3,814, $1,414 higher than the national median property tax bill of $2,400.

How are property taxes in Cass County calculated?

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

Last Updated March 1, 2025

Louisville, Cass County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$3,335

$3,095

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

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because 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 Louisville’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Louisville, located in Cass County, has a property tax rate of 1.51%, which is notably higher than the national median of 1.02%. This rate is consistent with the highest and lowest rates in the state, both recorded at 1.51% in the same ZIP code. When compared to the national median property tax bill of $2400, residents in Louisville may find themselves paying a higher amount due to the elevated tax rate. Such comparisons highlight the importance of understanding local tax dynamics and exploring potential savings through property tax appeals.

Property Tax Rates Across Louisville, Cass County, Nebraska

Source: Ownwell

1.34%

1.73%

2.13%

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 Louisville Tax Rate

1.51%

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 Louisville, Cass County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68037	1.50%	1.51%	1.51%	1.98%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Louisville, Cass County, Nebraska

When examining property taxes in Louisville, 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 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 Cass 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 Louisville. For example, the median home price in Louisville is $220,869, with tax bills ranging significantly across the county. Zip code 68037 has the highest median home price at $220,869.

Property Tax Assessment Values Across Louisville, Cass County, Nebraska

Source: Ownwell

$118,596

$247,579

$376,562

Median Louisville Market Value

$220,869

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 Louisville, Cass County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68037	$85,983	$130,846	$220,869	$358,019	$506,462

Source: Ownwell

Property Tax Bills Across Louisville, Cass County, Nebraska

In Louisville, located in Cass 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 like location, size, and improvements. Homeowners in Louisville face a median property tax bill of $3,814, which is notably higher than the national median of $2,400. This can pose a significant financial burden, especially when the tax bill reaches the 90th percentile at $7,661.

Homeowners often find themselves paying more than necessary due to errors in assessment or unclaimed exemptions. This is where Ownwell steps in. By analyzing property assessments and ensuring that homeowners are taking advantage of all applicable exemptions, Ownwell can help reduce these hefty tax bills. With expert knowledge and a commitment to client savings, Ownwell offers a valuable service that can alleviate the financial strain of high property taxes in Louisville, allowing homeowners to retain more of their hard-earned money.

Property Tax Bills Across Louisville, Cass County, Nebraska

Source: Ownwell

$1,776

$3,846

$5,915

Median Louisville Tax Bill

$3,814

Median Cass County Tax Bill

$3,260

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Louisville, Cass County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68037	$1,086	$2,312	$3,814	$5,742	$7,661

Source: Ownwell