Valley, Dodge County, Nebraska Property Taxes

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

Median Valley, NE effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Valley, NE home value: $329,758
Median annual Valley, NE tax bill: $5,320, $2,920 higher than the national median property tax bill of $2,400.

How are property taxes in Dodge calculated?

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

Last Updated March 1, 2025

Valley, Dodge County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$5,309

$4,927

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

Property Tax Rates Across Valley, Dodge County, Nebraska

Local government entities in Valley, Nebraska, determine tax rates, which can vary significantly within the state. This is because each year, Dodge County estimates its budget to provide necessary services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process. Valley's effective property tax rate can be compared to other cities in Nebraska and the median property tax rates in both Nebraska and the U.S. Notably, Nebraska's median property tax rate is higher than the national median, reflecting the state's reliance on property taxes to fund local services. Understanding these differences can help property owners in Valley make informed decisions about their property tax appeals and exemptions. By considering these factors, residents can better navigate the complexities of property taxation and potentially reduce their tax burden.

Property Tax Rates Across Valley, Dodge County, Nebraska

Source: Ownwell

1.42%

1.60%

1.79%

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 Valley Tax Rate

1.61%

Median Effective Dodge County Tax Rate

1.79%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Valley, Dodge County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68064	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Valley, Dodge County, Nebraska

When examining property taxes in Valley, 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 Dodge 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 Dodge 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 Valley.

For example, the median home price in Valley is $329,758, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Valley, Dodge County, Nebraska

Source: Ownwell

$72,103

$115,033

$157,962

Median Valley Market Value

$329,758

Median Dodge County Market Value

$133,688

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Valley, Dodge County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68064	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Valley, Dodge County, Nebraska

In Valley, located in Dodge County, Nebraska, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, property size, and market conditions. With a median home price of $329,758, homeowners can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $4,013, while those in the 75th percentile face bills around $7,546, and the 90th percentile reaches $8,812. These figures are notably higher than the national median property tax bill of $2,400, reflecting the region's higher property tax rates. Such expenses can significantly impact homeowners, often stretching budgets. This is where Ownwell steps in, offering expert property tax appeal and exemption services. By leveraging local market insights and tax expertise, Ownwell helps homeowners potentially reduce their tax burdens, ensuring they only pay what is fair and justifiable.

Property Tax Bills Across Valley, Dodge County, Nebraska

Source: Ownwell

$1,168

$1,856

$2,544

Median Valley Tax Bill

$5,320

Median Dodge County Tax Bill

$2,379

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Valley, Dodge County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68064	N/A	N/A	N/A	N/A	N/A

Source: Ownwell