Benkelman, Dundy County, Nebraska Property Taxes

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

Median Benkelman, NE effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Benkelman, NE home value: $59,630
Median annual Benkelman, NE tax bill: $714, $1,686 lower than the national median property tax bill of $2,400.

How are property taxes in Dundy calculated?

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

Last Updated March 1, 2025

Benkelman, Dundy County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.23%

Estimate Property Tax Bill

$733

$681

Ownwell’s Benkelman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Benkelman with just two data points.

By entering your property's estimated assessed value, our calculator applies Benkelman’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 Dundy County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Benkelman, Dundy County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Benkelman, located in Dundy County, Nebraska, the effective property tax rate is a key figure for homeowners to consider. Comparing Benkelman’s rate to other cities in Nebraska, as well as to the median property tax rates in Nebraska and the U.S., provides valuable context. Nebraska’s median property tax rate is higher than the national median. Understanding these differences can help homeowners make informed decisions about property investments and tax appeals. Whether you're looking to buy a home or are a current property owner, knowing where Benkelman stands in relation to state and national figures can be crucial for financial planning.

Property Tax Rates Across Benkelman, Dundy County, Nebraska

Source: Ownwell

0.88%

1.12%

1.37%

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 Benkelman Tax Rate

1.23%

Median Effective Dundy County Tax Rate

1.23%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Benkelman, Dundy County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69021	0.87%	0.88%	1.23%	1.23%	1.23%

Source: Ownwell

Property Tax Assessment Values Across Benkelman, Dundy County, Nebraska

When examining property taxes in Benkelman, 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 Dundy 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 Dundy 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 Benkelman. For example, the median home price in Benkelman is $59,630, with tax bills ranging significantly across the county. 69021 has the highest median home price at $59,630.

Property Tax Assessment Values Across Benkelman, Dundy County, Nebraska

Source: Ownwell

$37,890

$221,683

$405,475

Median Benkelman Market Value

$59,630

Median Dundy County Market Value

$60,885

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Benkelman, Dundy County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69021	$10,428	$25,954	$59,630	$149,140	$360,892

Source: Ownwell

Property Tax Bills Across Benkelman, Dundy County, Nebraska

In Benkelman, located in Dundy County, NE, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $59,630, which results in property taxes that vary widely depending on the property's assessed value and the applicable tax rate. The median property tax bill in this region stands at $714. While this amount is significantly lower than the national median property tax bill of $2,400, homeowners can still face financial strain, especially with tax bills reaching up to $3,494 at the 90th percentile.

Factors influencing these tax bills include local government budgets and public service funding needs. Homeowners in Benkelman can benefit from appealing their property tax assessments or applying for exemptions to reduce their tax liability. This is where Ownwell's expertise comes in. By leveraging our property tax appeal and exemption services, homeowners can potentially save on their tax bills, ensuring they only pay what's fair and accurate. Our team provides personalized assistance to navigate the complexities of property tax regulations, offering peace of mind and potential savings.

Property Tax Bills Across Benkelman, Dundy County, Nebraska

Source: Ownwell

$441

$1,989

$3,537

Median Benkelman Tax Bill

$714

Median Dundy County Tax Bill

$729

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Benkelman, Dundy County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69021	$117	$313	$714	$1,584	$3,494

Source: Ownwell