Glenvil, Clay County, Nebraska Property Taxes

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

Median Glenvil, NE effective property tax rate: 1.66%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Glenvil, NE home value: $87,030
Median annual Glenvil, NE tax bill: $1,284, $1,116 lower than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

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

Last Updated March 1, 2025

Glenvil, Clay County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.17%

Estimate Property Tax Bill

$1,411

$1,310

Ownwell’s Glenvil Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glenvil with just two data points. By entering your property's estimated assessed value, our calculator applies Glenvil’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Clay 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 Glenvil, Clay 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Glenvil, located in Clay County, Nebraska, the effective property tax rate is 1.66%. This is significantly higher than the national median property tax rate of 1.02%. The median property tax bill in Glenvil is also higher than the national median of $2,400. While Nebraska's median property tax rate aligns with Glenvil's, it remains higher than the national average. This indicates that property owners in Glenvil may face higher tax bills compared to other regions across the country. Understanding these differences can help property owners make informed decisions about their investments and potential savings.

Property Tax Rates Across Glenvil, Clay County, Nebraska

Source: Ownwell

0.66%

1.33%

2.00%

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 Glenvil Tax Rate

1.17%

Median Effective Clay County Tax Rate

1.26%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Glenvil, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68941	0.68%	0.69%	1.17%	1.18%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Glenvil, Clay County, Nebraska

When examining property taxes in Glenvil, 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 Glenvil.

For example, the median home price in Glenvil is $87,030, with tax bills ranging significantly across the county. The zip code 68941 has the highest median home price at $87,030.

Property Tax Assessment Values Across Glenvil, Clay County, Nebraska

Source: Ownwell

$18,308

$103,404

$188,500

Median Glenvil Market Value

$120,630

Median Clay County Market Value

$110,395

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Glenvil, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68941	$26,295	$74,145	$120,630	$229,250	$481,524

Source: Ownwell

Property Tax Bills Across Glenvil, Clay County, Nebraska

In Glenvil, Clay County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property improvements, neighborhood changes, and local government budgets can influence the assessed value, impacting the homeowner's tax bill. The median home price in Glenvil is $87,030, and homeowners typically see tax bills ranging from $575 at the 25th percentile to $5,084 at the 90th percentile. The median property tax bill in the area stands at $1,284, which is significantly lower than the national median of $2,400. Despite the lower median tax bill, homeowners can still benefit from appealing their property tax assessments. Ownwell assists homeowners by reviewing their property assessments and identifying potential savings. By leveraging expert knowledge and experience, Ownwell can help Glenvil homeowners reduce their tax liabilities, ensuring they pay only their fair share.

Property Tax Bills Across Glenvil, Clay County, Nebraska

Source: Ownwell

$222

$998

$1,773

Median Glenvil Tax Bill

$1,304

Median Clay County Tax Bill

$1,285

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Glenvil, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68941	$172	$818	$1,304	$1,888	$3,489

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 30

Links
Clay Tax Assessor
Website	clay.gworks.com