Weeping Water, Cass County, Nebraska Property Taxes

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

Median Weeping Water, NE effective property tax rate: 2.03%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Weeping Water, NE home value: $143,454
Median annual Weeping Water, NE tax bill: $2,683, $283 higher than the national median property tax bill of $2,400.

How are property taxes in Cass County calculated?

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

Last Updated March 1, 2025

Weeping Water, Cass County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.03%

Estimate Property Tax Bill

$2,912

$2,702

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

Local government entities set tax rates, which can vary widely within a state. 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 votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Weeping Water in Cass County, NE, the effective property tax rate stands at 2.03%, which is significantly higher than the national median of 1.02%. This rate is the same for both the highest and lowest median tax rates within the area, indicating a uniformity in tax assessment across different zones in the region. Such a rate can have a substantial impact on property owners, as it influences the annual tax bill, which is a crucial consideration for current and prospective homeowners.

When comparing Weeping Water's rate to other cities in Nebraska and the U.S., it's clear that property taxes here are on the higher end of the spectrum. Understanding these rates is essential for property owners aiming to manage their expenses or considering an appeal or exemption.

Property Tax Rates Across Weeping Water, 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 Weeping Water Tax Rate

2.03%

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 Weeping Water, Cass County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68463	1.58%	1.63%	2.03%	2.03%	2.03%

Source: Ownwell

Property Tax Assessment Values Across Weeping Water, Cass County, Nebraska

When examining property taxes in Weeping Water, 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 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 March. 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 Weeping Water. For example, the median home price in Weeping Water is $143,454, with tax bills ranging significantly across the county. 68463 has the highest median home price at $143,454.

Property Tax Assessment Values Across Weeping Water, Cass County, Nebraska

Source: Ownwell

$118,596

$247,579

$376,562

Median Weeping Water Market Value

$143,454

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 Weeping Water, Cass County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68463	$52,356	$90,761	$143,454	$228,320	$337,000

Source: Ownwell

Property Tax Bills Across Weeping Water, Cass County, Nebraska

In Weeping Water, property tax bills are calculated based on the assessed value of a home, which is determined by the Cass County assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as location, property size, and market trends can influence the assessed value. With a median home price of $143,454, homeowners in Weeping Water face a median property tax bill that can range significantly, with the 25th percentile at $1,547 and the 90th percentile reaching $5,965. These figures highlight a potential burden on homeowners, especially when compared to the national median tax bill of $2,400. Ownwell can assist homeowners by reviewing their property assessments for inaccuracies and identifying potential exemptions or reductions. By appealing on behalf of homeowners, Ownwell can help ensure that property tax bills are fair and equitable, potentially leading to significant savings. This service not only alleviates financial pressure but also provides peace of mind.

Property Tax Bills Across Weeping Water, Cass County, Nebraska

Source: Ownwell

$1,776

$3,846

$5,915

Median Weeping Water Tax Bill

$2,683

Median Cass County Tax Bill

$3,260

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Weeping Water, Cass County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68463	$397	$1,547	$2,683	$4,048	$5,965

Source: Ownwell