Lawrence, Clay County, Nebraska Property Taxes

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

Median LAWRENCE, NE effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median LAWRENCE, NE home value: $365,760
Median annual LAWRENCE, NE tax bill: $4,102, $1,702 higher than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

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

Last Updated March 1, 2025

Lawrence, Clay County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.12%

Estimate Property Tax Bill

$4,097

$3,801

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

Local government entities determine tax rates, and these can differ significantly within Nebraska. Each year, Clay County estimates the budget needed to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. This process, although governed by votes and laws, essentially follows this annual routine.

Lawrence, located in Clay County, has a property tax rate that can be compared to other cities in Nebraska and to the national median. With Nebraska's median property tax rate at 1.12%, it's slightly above the national median of 1.02%. This means that property owners in Lawrence may experience higher property tax bills compared to the national average. However, these rates ensure that the local government can maintain and improve community services. Understanding these rates is crucial for property owners when planning their finances, as property taxes are a significant component of homeownership costs. By staying informed, property owners in Lawrence can better navigate their financial obligations and potentially explore opportunities for appealing their property tax assessments.

Property Tax Rates Across Lawrence, 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 Lawrence Tax Rate

1.12%

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 Lawrence, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68957	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lawrence, Clay County, Nebraska

When examining property taxes in Lawrence, 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 Appraisal District 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 May. 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 Lawrence.

For example, the median home price in Lawrence is $365,760, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lawrence, Clay County, Nebraska

Source: Ownwell

$15,670

$94,923

$174,175

Median Lawrence Market Value

$365,760

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 Lawrence, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68957	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lawrence, Clay County, Nebraska

In Lawrence, located in Clay County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. With a median home price of $365,760, homeowners in Lawrence face property tax bills that can vary significantly. For instance, the 25th percentile of tax bills is approximately $3,286, while the 75th percentile reaches $4,591, and the 90th percentile can go up to $4,884. The property tax rate in Lawrence is above the national median of 1.02%, which results in higher tax bills compared to the national median property tax bill of $2,400. This can be a substantial financial burden for homeowners. Ownwell offers property tax appeal services that can help homeowners in Lawrence potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can guide homeowners through the appeal process to ensure they are not overpaying on their property taxes.

Property Tax Bills Across Lawrence, Clay County, Nebraska

Source: Ownwell

$239

$1,051

$1,862

Median Lawrence Tax Bill

$4,102

Median Clay County Tax Bill

$1,360

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Lawrence, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68957	N/A	N/A	N/A	N/A	N/A

Source: Ownwell