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Dakota City, Dakota County, Nebraska Property Taxes

  • Median Dakota City, NE effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.

  • Median Dakota City, NE home value: $149,980

  • Median annual Dakota City, NE tax bill: $2,605, $205 higher than the national median property tax bill of $2,400.

How are property taxes in Dakota County calculated?

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

Last Updated March 1, 2025

Dakota City, Dakota County, Nebraska Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.35%

Estimate Property Tax Bill

$2,369

$2,198

Ownwell’s Dakota City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dakota City with just two data points. By entering your property's estimated assessed value, our calculator applies Dakota City’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 Dakota County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dakota City, Dakota County, Nebraska

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each year, counties calculate the budget needed to provide services and divide it by the total value of all taxable properties in their area, resulting in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the core of the annual process. Dakota City in Dakota County, Nebraska, has an effective property tax rate of 2.04%, which is notably higher than the national median of 1.02%. This means that property owners in Dakota City face a tax rate that is double the national average. When compared to other cities in Nebraska, Dakota City's tax rate stands out, as it is both the highest and lowest median rate within the zip code 68731. This comparison highlights the unique position of Dakota City within the state and underscores the importance of understanding local tax rates for property owners.

Property Tax Rates Across Dakota City, Dakota County, Nebraska

Source: Ownwell

0.71%

1.03%

1.35%

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 Dakota City Tax Rate

1.35%

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 Dakota County Tax Rate

1.29%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dakota City, Dakota County, Nebraska

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
687310.75%0.90%1.35%1.36%1.37%

Source: Ownwell

Property Tax Assessment Values Across Dakota City, Dakota County, Nebraska

When examining property taxes in Dakota City, 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 Dakota 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 Dakota 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 Dakota City. For example, the median home price in Dakota City is $149,980, with tax bills ranging significantly across the county. 68731 has the highest median home price at $149,980.

Property Tax Assessment Values Across Dakota City, Dakota County, Nebraska

Source: Ownwell

$153,170

$215,283

$277,395

Median Dakota City Market Value

$175,465

Median Dakota County Market Value

$166,095

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dakota City, Dakota County, Nebraska

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
68731$78,277$131,642$175,465$248,810$350,246

Source: Ownwell

Property Tax Bills Across Dakota City, Dakota County, Nebraska

In Dakota City, located in Dakota County, Nebraska, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Nebraska's property tax rate is higher than the national median of 1.02%, resulting in a significant impact on homeowners' budgets. For instance, the median property tax bill in Dakota City is $2,605, which is above the national median of $2,400. The tax bill can vary widely, with the 25th percentile at $1,639 and the 75th percentile reaching $3,475. Homeowners may find their tax bills burdensome, especially if they fall into the 90th percentile, where bills can soar to $4,843. This financial strain highlights the importance of seeking ways to reduce property tax liabilities. By utilizing Ownwell's property tax appeal and exemption services, homeowners in Dakota City can potentially lower their tax bills, ensuring they are not overpaying and achieving significant savings.

Property Tax Bills Across Dakota City, Dakota County, Nebraska

Source: Ownwell

$1,372

$1,933

$2,494

Median Dakota City Tax Bill

$2,138

Median Dakota County Tax Bill

$1,927

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Dakota City, Dakota County, Nebraska

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
68731$587$1,507$2,138$2,764$3,870

Source: Ownwell

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