Willow Island, Dawson County, Nebraska Property Taxes
Median Willow Island, NE effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Willow Island, NE home value: $105,210
Median annual Willow Island, NE tax bill: $1,815, $585 lower than the national median property tax bill of $2,400.
How are property taxes in Dawson County calculated?
Property taxes in Willow Island, 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 Willow Island’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Willow Island, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Willow Island, Dawson County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.56%
Estimate Property Tax Bill
$1,641
$1,523
Property Tax Rates Across Willow Island, Dawson County, Nebraska
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core process each year.
In Willow Island, located in Dawson County, Nebraska, the effective property tax rate stands at 1.56%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Willow Island to other areas within Nebraska, it becomes evident that this rate is among the highest in the state. This comparison underscores the importance of understanding local tax dynamics and seeking professional assistance to manage property tax obligations effectively. By exploring property tax appeal and exemption services, property owners can potentially reduce their tax burden and ensure they are not overpaying.
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 Willow Island Tax Rate
1.56%
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 Dawson County Tax Rate
1.81%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Willow Island, Dawson County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69171 | 1.53% | 1.55% | 1.56% | 1.85% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Willow Island, Dawson County, Nebraska
When examining property taxes in Willow Island, 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 Dawson 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 Dawson 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 Willow Island. For example, the median home price in Willow Island is $105,210, with tax bills ranging significantly across the county. 69171 has the highest median home price at $105,210.
Property Tax Assessment Values Across Willow Island, Dawson County, Nebraska
Source: Ownwell
$51,098
$207,279
$363,459
Median Willow Island Market Value
$105,210
Median Dawson County Market Value
$101,091
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Willow Island, Dawson County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69171 | $42,240 | $53,092 | $105,210 | $145,292 | $304,823 |
Source: Ownwell
Property Tax Bills Across Willow Island, Dawson County, Nebraska
Median Willow Island Tax Bill
$1,815
Median Dawson County Tax Bill
$1,900
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Willow Island, Dawson County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69171 | $483 | $764 | $1,815 | $2,138 | $4,657 |
Source: Ownwell