Deweese, Clay County, Nebraska Property Taxes
Median Deweese, NE effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Deweese, NE home value: $59,875
Median annual Deweese, NE tax bill: $516, $1,884 lower than the national median property tax bill of $2,400.
How are property taxes in Clay calculated?
Property taxes in Deweese, 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 Deweese’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Deweese, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Deweese, Clay County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.45%
Estimate Property Tax Bill
$868
$806
Property Tax Rates Across Deweese, Clay County, Nebraska
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county estimates its required budget for services annually and divides it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Deweese, located in Clay County, Nebraska, the effective property tax rate is 1.45%, which is notably higher than the national median of 1.02%. This means that property owners in Deweese face a higher tax burden compared to the national average. The median property tax rate in Nebraska aligns with Deweese's rate, indicating that this is a common trend across the state. However, it's essential for property owners to understand how their taxes are calculated and explore potential appeal and exemption opportunities to ensure they are not overpaying. By staying informed and proactive, property owners can potentially reduce their tax liabilities and ensure they are paying a fair amount.
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 Deweese Tax Rate
1.45%
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 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 Deweese, Clay County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68934 | 0.52% | 1.12% | 1.45% | 1.45% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Deweese, Clay County, Nebraska
When examining property taxes in Deweese, 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.
Assessment notices: 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 Deweese.
For example, the median home price in Deweese is $59,875, with tax bills ranging significantly across the county. The zip code 68934 has the highest median home price at $59,875.
Property Tax Assessment Values Across Deweese, Clay County, Nebraska
Source: Ownwell
$15,670
$94,923
$174,175
Median Deweese Market Value
$59,875
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 Deweese, Clay County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68934 | $3,996 | $12,631 | $59,875 | $147,906 | $258,538 |
Source: Ownwell
Property Tax Bills Across Deweese, Clay County, Nebraska
Median Deweese Tax Bill
$516
Median Clay County Tax Bill
$1,360
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Deweese, Clay County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68934 | $21 | $89 | $516 | $1,647 | $2,905 |
Source: Ownwell