Hildreth, Franklin County, Nebraska Property Taxes

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

Median Hildreth, NE effective property tax rate: 1.73%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Hildreth, NE home value: $81,905
Median annual Hildreth, NE tax bill: $1,371, $1,029 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

Hildreth, Franklin County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.73%

Estimate Property Tax Bill

$1,417

$1,315

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

Property Tax Rates Across Hildreth, Franklin County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual estimation of its required budget to provide services, which is then divided 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 Hildreth, located in Franklin County, Nebraska, the effective property tax rate is 1.73%. This is significantly higher than the national median property tax rate of 1.02%. This means property owners in Hildreth pay more in property taxes compared to the national average. However, it is important to note that this rate is consistent across Franklin County, as both the highest and lowest median tax rates in the county are the same. This uniformity can be attributed to the county's budgetary needs and the total taxable property value within its jurisdiction. Understanding these rates can help property owners make informed decisions about their investments and potential savings through property tax appeals.

Property Tax Rates Across Hildreth, Franklin County, Nebraska

Source: Ownwell

1.19%

1.75%

2.30%

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 Hildreth Tax Rate

1.73%

Median Effective Franklin County Tax Rate

1.73%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hildreth, Franklin County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68947	1.19%	1.22%	1.73%	1.73%	1.73%

Source: Ownwell

Property Tax Assessment Values Across Hildreth, Franklin County, Nebraska

When examining property taxes in Hildreth, 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 Franklin 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. Assessment notices: In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hildreth. For example, the median home price in Hildreth is $81,905, with tax bills ranging significantly across the county. 68947 has the highest median home price at $81,905.

Property Tax Assessment Values Across Hildreth, Franklin County, Nebraska

Source: Ownwell

$19,000

$136,041

$253,082

Median Hildreth Market Value

$81,905

Median Franklin County Market Value

$50,605

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hildreth, Franklin County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68947	$22,050	$49,185	$81,905	$129,185	$328,850

Source: Ownwell

Property Tax Bills Across Hildreth, Franklin County, Nebraska

In Hildreth, located in Franklin County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Hildreth, the median home price is $81,905, with property tax bills ranging from $745 at the 25th percentile to $4,426 at the 90th percentile. The median tax bill in the area is $1,371, which is below the national median of $2,400. Factors influencing the tax bill include the property's assessed value, local tax rate, and any applicable exemptions or deductions. High tax bills can be a burden for homeowners, impacting affordability and financial planning. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging local expertise and a deep understanding of the tax assessment process, Ownwell helps clients reduce their tax liabilities, ensuring they pay only their fair share.

Property Tax Bills Across Hildreth, Franklin County, Nebraska

Source: Ownwell

$362

$1,702

$3,042

Median Hildreth Tax Bill

$1,371

Median Franklin County Tax Bill

$872

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Hildreth, Franklin County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68947	$293	$745	$1,371	$2,124	$4,426

Source: Ownwell