Beaver City, Furnas County, Nebraska Property Taxes
Median Beaver City, NE effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Beaver City, NE home value: $40,260
Median annual Beaver City, NE tax bill: $698, $1,702 lower than the national median property tax bill of $2,400.
How are property taxes in Furnas County calculated?
Property taxes in Beaver City, 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 Beaver City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beaver City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Beaver City, Furnas County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.76%
Estimate Property Tax Bill
$709
$658
Property Tax Rates Across Beaver City, Furnas County, Nebraska
Local government entities set tax rates, which can vary widely within a state. The annual process involves 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 Beaver City, located in Furnas County, Nebraska, the effective property tax rate is 1.76%. This rate is significantly above the national median property tax rate of 1.02%, highlighting the variability in property tax rates across different regions. Nebraska's property tax rate aligns with the highest and lowest median tax rates in the state, both recorded at 1.76% in the same zip code. This consistency within the region may indicate a uniform approach to budgeting and property valuation across the county.
Comparing Beaver City's rate to the national median property tax bill of $2,400, property owners in this area might experience higher tax bills, impacting their overall financial planning. Understanding these rates can help property owners anticipate their tax obligations and explore potential appeal or exemption opportunities.
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 Beaver City Tax Rate
1.76%
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%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Beaver City, Furnas County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68926 | 1.26% | 1.57% | 1.76% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Beaver City, Furnas County, Nebraska
When examining property taxes in Beaver City, 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 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 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 Beaver City. For example, the median home price in Beaver City is $40,260, with tax bills ranging significantly across the county. Zip code 68926 has the highest median home price at $40,260.
Property Tax Assessment Values Across Beaver City, Furnas County, Nebraska
Source: Ownwell
$22,280
$98,035
$173,790
Median Beaver City Market Value
$40,260
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 Beaver City, Furnas County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68926 | $5,250 | $18,545 | $40,260 | $81,980 | $209,708 |
Source: Ownwell
Property Tax Bills Across Beaver City, Furnas County, Nebraska
Median Beaver City Tax Bill
$698
Median Furnas County Tax Bill
$1,054
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Beaver City, Furnas County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68926 | $84 | $296 | $698 | $1,388 | $2,895 |
Source: Ownwell