Inland, Clay County, Nebraska Property Taxes

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

Median INLAND, NE effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median INLAND, NE home value: $139,525
Median annual INLAND, NE tax bill: $1,434, $966 lower than the national median property tax bill of $2,400.

How are property taxes in Clay calculated?

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

Last Updated March 1, 2025

Inland, Clay County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$1,549

$1,437

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

Local government entities set tax rates, which can vary widely within a state. Annually, 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.

Inland's effective property tax rate is a reflection of the economic and administrative decisions made within Clay County. Compared to the national median property tax rate of 1.02%, Nebraska's median tax rate stands at 1.11%, slightly higher than the national average. This indicates a relatively higher property tax burden for residents. Clay County, home to Inland, also shares this median tax rate of 1.11%, aligning with the state's overall trend. This uniformity suggests a balanced approach across the county's jurisdictions.

Understanding these rates can empower property owners in Inland to make informed decisions about property tax appeals and exemptions. By staying informed, residents can ensure they are not overpaying and can potentially benefit from the services offered to manage their property tax liabilities effectively.

Property Tax Rates Across Inland, 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 Inland Tax Rate

1.11%

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 Inland, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68954	1.10%	1.11%	1.11%	1.13%	1.30%

Source: Ownwell

Property Tax Assessment Values Across Inland, Clay County, Nebraska

When examining property taxes in INLAND, 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 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 INLAND.

For example, the median home price in INLAND is $139,525, with tax bills ranging significantly across the county. Zip code 68954 has the highest median home price at $139,525.

Property Tax Assessment Values Across Inland, Clay County, Nebraska

Source: Ownwell

$15,670

$94,923

$174,175

Median Inland Market Value

$139,525

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 Inland, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68954	$32,468	$70,985	$139,525	$262,855	$723,560

Source: Ownwell

Property Tax Bills Across Inland, Clay County, Nebraska

In INLAND, located in Clay County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $139,525. The property tax rate is applied to this assessed value to determine the annual tax bill. Various factors, such as location, home improvements, and market conditions, can influence the assessed value. Homeowners in INLAND face a property tax bill that can vary significantly, from the 25th percentile at $778 to the 90th percentile reaching up to $8,660. The median property tax bill in the highest and lowest zip code is $1,434, which is below the national median of $2,400. This can impact homeowners by affecting their monthly mortgage payments and overall housing affordability. Ownwell offers services to help homeowners in INLAND potentially reduce their property tax bills by providing expert analysis and assistance in filing appeals, ensuring that homeowners pay only their fair share.

Property Tax Bills Across Inland, Clay County, Nebraska

Source: Ownwell

$239

$1,051

$1,862

Median Inland Tax Bill

$1,434

Median Clay County Tax Bill

$1,360

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Inland, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68954	$344	$778	$1,434	$3,198	$8,660

Source: Ownwell