Aurora, Clay County, Nebraska Property Taxes

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

Median AURORA, NE effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median AURORA, NE home value: $174,175
Median annual AURORA, NE tax bill: $1,862, $538 lower than the national median property tax bill of $2,400.

How are property taxes in Clay calculated?

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

Last Updated March 1, 2025

Aurora, Clay County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.3%

Estimate Property Tax Bill

$2,264

$2,101

Ownwell’s Aurora Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Aurora with just two data points. By entering your property's estimated assessed value, our calculator applies Aurora’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 Clay County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Aurora, Clay County, Nebraska

Local government entities set property tax rates, and these can vary significantly within a state. This variation occurs because each year, counties estimate the budget needed to provide essential services and then divide it by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws influence the setting of tax rates and budgets, this is essentially the annual process.

You can compare Aurora's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and across the U.S. Aurora, located in Clay County, has a median property tax rate of 1.30%. This rate is higher than the national median property tax rate of 1.02%. The higher rate reflects the county's budgetary needs and the value of taxable properties. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively. By exploring the differences in property tax rates, property owners can make informed decisions and potentially find opportunities for appeals or exemptions.

Property Tax Rates Across Aurora, Clay County, Nebraska

Source: Ownwell

1.05%

1.68%

2.31%

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 Aurora Tax Rate

1.30%

Median Effective Clay County Tax Rate

1.67%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Aurora, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68818	1.03%	1.05%	1.30%	1.31%	1.31%

Source: Ownwell

Property Tax Assessment Values Across Aurora, Clay County, Nebraska

When examining property taxes in Aurora, 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 Clay 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.

In Clay 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 Aurora. For example, the median home price in Aurora is $174,175, with tax bills ranging significantly across the county. Zip code 68818 has the highest median home price at $174,175.

Property Tax Assessment Values Across Aurora, Clay County, Nebraska

Source: Ownwell

$15,670

$94,923

$174,175

Median Aurora Market Value

$174,175

Median Clay County Market Value

$85,465

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Aurora, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68818	$24,310	$96,100	$174,175	$391,705	$591,555

Source: Ownwell

Property Tax Bills Across Aurora, Clay County, Nebraska

In Aurora, Nebraska, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value, which is estimated by local assessors. Factors such as the property's location, size, and improvements can influence the assessed value. In Aurora, homeowners face a median property tax bill of $1,862, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $694 and the 90th percentile reaching $7,020. These variations can impact homeowners' financial planning, making it crucial to ensure that assessments are accurate and fair. Ownwell offers property tax appeal services to help homeowners in Aurora potentially reduce their tax burden. By analyzing the assessed values and comparing them with market data, Ownwell identifies opportunities for appeals. This service can lead to significant savings, providing homeowners with peace of mind and more control over their expenses.

Property Tax Bills Across Aurora, Clay County, Nebraska

Source: Ownwell

$239

$1,051

$1,862

Median Aurora Tax Bill

$1,862

Median Clay County Tax Bill

$1,360

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Aurora, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68818	$121	$694	$1,862	$5,140	$7,020

Source: Ownwell