Burwell, Custer County, Nebraska Property Taxes
Median Burwell, NE effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Burwell, NE home value: $328,976
Median annual Burwell, NE tax bill: $3,107, $707 higher than the national median property tax bill of $2,400.
How are property taxes in Custer County calculated?
Property taxes in Burwell, 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 Burwell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Burwell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Burwell, Custer County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$3,092
$2,870
Property Tax Rates Across Burwell, Custer County, Nebraska
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 Burwell Tax Rate
0.94%
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 Custer County Tax Rate
1.38%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Burwell, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68823 | 0.93% | 0.94% | 0.94% | 1.13% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Burwell, Custer County, Nebraska
When examining property taxes in Burwell, 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 Custer 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 Custer 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 Burwell. For example, the median home price in Burwell is $328,976, with tax bills ranging significantly across the county. Zip code 68823 has the highest median home price at $328,976.
Property Tax Assessment Values Across Burwell, Custer County, Nebraska
Source: Ownwell
$45,774
$230,230
$414,686
Median Burwell Market Value
$328,976
Median Custer County Market Value
$99,711
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Burwell, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68823 | $118,920 | $212,234 | $328,976 | $493,034 | $719,413 |
Source: Ownwell
Property Tax Bills Across Burwell, Custer County, Nebraska
In Burwell, located in Custer County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Burwell is $328,976. The tax bills in this area can vary significantly, with the 25th percentile tax bill at $2,088 and the 90th percentile reaching $6,786. Comparatively, the national median property tax bill is $2,400, indicating that Burwell's property tax rates can be higher than the national average.
For homeowners, these property taxes can be a substantial annual expense. However, Ownwell offers services that can help homeowners reduce their property tax bills by appealing the assessed value of their property. By leveraging local market data and expertise, Ownwell can identify opportunities for appeals and exemptions, potentially saving homeowners a significant amount on their property taxes. With Ownwell's assistance, homeowners in Burwell can ensure they are not overpaying on their property taxes.
Median Burwell Tax Bill
$3,107
Median Custer County Tax Bill
$1,435
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Burwell, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68823 | $1,369 | $2,088 | $3,107 | $5,219 | $6,786 |
Source: Ownwell