Furnas County, Nebraska Property Taxes
Median Furnas County effective property tax rate: 1.80%, significantly higher than the national median of 1.02%.
Median Furnas County home value: $62,290
Median annual Furnas County tax bill: $1,054, $1,346 lower than the national median property tax bill of $2,400.
How are property taxes in Furnas County calculated?
Property taxes in Furnas County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Beaver City or another part of Furnas County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Furnas County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.8%
Estimate Property Tax Bill
$1,121
$1,040
Ownwell’s Furnas County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Furnas County with just two data points.
By entering your property's estimated assessed value, our calculator applies Furnas County’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 more 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 Furnas County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Furnas County, Nebraska
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties estimate their required budget to fund services and divide that by the total value of all taxable property in their area, resulting in the property tax rate. Although votes and legal frameworks influence these rates and budgets, this is the core process followed annually.
In Furnas County, Nebraska, the effective property tax rate stands at 1.80%, notably higher than the national median of 1.02%. Within the state, Cambridge has the highest median tax rate at 1.86%, while Stamford boasts the lowest at 1.28%. This variation highlights the diverse fiscal needs and property values across different regions. Comparing Furnas County's rate to both state and national figures provides valuable insight for property owners considering tax appeal or exemption services. Understanding these differences can be crucial when evaluating property tax obligations and potential savings.
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 Furnas County Tax Rate
1.80%
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 Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Furnas County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arapahoe | 1.32% | 1.82% | 1.82% | 1.82% | 1.82% |
| Beaver City | 1.26% | 1.57% | 1.76% | 1.76% | 1.76% |
| Cambridge | 1.35% | 1.86% | 1.86% | 1.86% | 1.86% |
| Edison | 1.29% | 1.33% | 1.71% | 1.74% | 1.74% |
| Hendley | 1.14% | 1.28% | 1.78% | 1.78% | 1.78% |
| Holbrook | 1.32% | 1.33% | 1.80% | 1.80% | 1.80% |
| Oxford | 1.27% | 1.28% | 1.80% | 1.80% | 1.80% |
| Stamford | 1.26% | 1.27% | 1.28% | 1.35% | 1.36% |
| Wilsonville | 1.11% | 1.33% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Furnas County, Nebraska
When examining property taxes in Furnas County, 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 Furnas 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 Furnas 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 Furnas County. For example, the median tax bill in Furnas County is $1,960, with tax bills ranging significantly across the county. Stamford has the highest median home price at $173,790.
Median Furnas County Market Value
$62,290
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Furnas County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arapahoe | $32,171 | $52,685 | $82,475 | $134,708 | $225,925 |
| Beaver City | $5,250 | $18,545 | $40,260 | $81,980 | $209,708 |
| Cambridge | $29,786 | $48,401 | $89,035 | $164,241 | $263,057 |
| Edison | $2,236 | $7,160 | $22,280 | $56,596 | $166,375 |
| Hendley | $3,043 | $14,388 | $27,905 | $181,142 | $306,954 |
| Holbrook | $5,682 | $12,646 | $33,118 | $84,246 | $270,614 |
| Oxford | $8,838 | $27,015 | $48,340 | $98,490 | $205,325 |
| Stamford | $67,140 | $117,140 | $173,790 | $364,625 | $584,445 |
| Wilsonville | $2,608 | $6,680 | $29,950 | $80,469 | $346,756 |
Source: Ownwell
Property Tax Bills Across Furnas County, Nebraska
Median Furnas County Tax Bill
$1,054
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Furnas County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arapahoe | $429 | $909 | $1,459 | $2,378 | $3,653 |
| Beaver City | $84 | $296 | $698 | $1,388 | $2,895 |
| Cambridge | $500 | $837 | $1,565 | $2,777 | $4,322 |
| Edison | $37 | $115 | $391 | $866 | $2,307 |
| Hendley | $31 | $199 | $523 | $2,367 | $3,877 |
| Holbrook | $92 | $216 | $550 | $1,290 | $3,595 |
| Oxford | $149 | $439 | $848 | $1,630 | $2,875 |
| Stamford | $859 | $1,291 | $1,960 | $4,621 | $7,920 |
| Wilsonville | $40 | $102 | $440 | $989 | $4,211 |
Source: Ownwell