South Bend, Cass County, Nebraska Property Taxes
Median South Bend, 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 South Bend, NE home value: $217,266
Median annual South Bend, NE tax bill: $3,196, $796 higher than the national median property tax bill of $2,400.
How are property taxes in Cass calculated?
Property taxes in South Bend, 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 South Bend’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Bend, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
South Bend, Cass County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.51%
Estimate Property Tax Bill
$3,281
$3,044
Ownwell’s South Bend Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in South Bend with just two data points.
By entering your property's estimated assessed value, our calculator applies South Bend’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 South Bend, Cass County, Nebraska
Local government entities are responsible for setting property tax rates, which can vary significantly across different areas within Nebraska. Each year, counties estimate their required budget to provide essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate.
Though the process involves votes and regulations, this is the core method for setting annual property tax rates. In South Bend, located in Cass County, the effective property tax rate is 1.51%. This rate is notably higher than the national median property tax rate of 1.02%. By comparison, Nebraska's state median property tax rate also stands at 1.51%, indicating that South Bend aligns with the state's average.
For context, the national median property tax bill is approximately $2,400, which provides a benchmark for evaluating local tax burdens. Understanding these rates can help property owners make informed decisions and potentially explore options for appealing or reducing their tax liabilities.
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 South Bend Tax Rate
1.51%
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 South Bend, Cass County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68058 | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
| 68048 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across South Bend, Cass County, Nebraska
When examining property taxes in South Bend, 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.
Assessment notices: 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 South Bend. For example, the median home price in South Bend is $217,266, with tax bills ranging significantly across the county. Zip code 68058 has the highest median home price at $218,781.
Property Tax Assessment Values Across South Bend, Cass County, Nebraska
Source: Ownwell
$118,596
$247,579
$376,562
Median South Bend Market Value
$217,266
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 South Bend, Cass County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68058 | $67,451 | $137,030 | $218,781 | $306,649 | $360,905 |
| 68048 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across South Bend, Cass County, Nebraska
In South Bend, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. In Cass County, the median home price is $217,266, and property tax bills can vary significantly. For example, homeowners in the 25th percentile pay around $1,943, while those in the 75th percentile face bills as high as $4,591. This variability can impact homeowners' finances, especially when compared to the national median property tax bill of $2,400.
Homeowners in South Bend can benefit from property tax appeal services to ensure they are not overpaying. Ownwell assists by reviewing property assessments and identifying potential savings. By leveraging their expertise, homeowners can appeal their assessed values, potentially reducing their tax bills. This service can be particularly advantageous for those facing higher tax bills, helping to bring them closer in line with national averages.
Median South Bend Tax Bill
$3,196
Median Cass County Tax Bill
$3,260
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across South Bend, Cass County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68058 | $557 | $1,952 | $3,200 | $4,604 | $5,447 |
| 68048 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell