De Witt, Gage County, Nebraska Property Taxes

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

Median DE WITT, NE effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median DE WITT, NE home value: $241,225
Median annual DE WITT, NE tax bill: $3,025, $625 higher than the national median property tax bill of $2,400.

How are property taxes in Gage calculated?

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

Last Updated March 1, 2025

De Witt, Gage County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.16%

Estimate Property Tax Bill

$2,798

$2,597

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

Property Tax Rates Across De Witt, Gage County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In De Witt, located in Gage County, NE, the effective property tax rate is a crucial factor for homeowners to consider. Comparing De Witt’s rate to other cities in Nebraska and the national median offers valuable insight. Nebraska’s median property tax rate is 1.16%, notably higher than the national median of 1.02%. This difference can have a significant impact on your annual property tax bill. Understanding these rates can help homeowners in De Witt make informed decisions about their property tax obligations. By staying informed about local and state tax rates, residents can better navigate the complexities of property taxes and potentially benefit from appealing or adjusting their assessments.

Property Tax Rates Across De Witt, Gage County, Nebraska

Source: Ownwell

1.16%

1.76%

2.35%

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 De Witt Tax Rate

1.16%

Median Effective Gage County Tax Rate

1.83%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across De Witt, Gage County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68341	1.14%	1.15%	1.16%	1.16%	1.28%

Source: Ownwell

Property Tax Assessment Values Across De Witt, Gage County, Nebraska

When examining property taxes in De Witt, 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 Gage 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 Gage 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 De Witt. For example, the median home price in De Witt is $241,225, with tax bills ranging significantly across the county. 68341 has the highest median home price at $241,225.

Property Tax Assessment Values Across De Witt, Gage County, Nebraska

Source: Ownwell

$16,038

$172,100

$328,162

Median De Witt Market Value

$241,225

Median Gage County Market Value

$108,335

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across De Witt, Gage County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68341	$108,697	$180,251	$241,225	$439,045	$640,805

Source: Ownwell

Property Tax Bills Across De Witt, Gage County, Nebraska

In De Witt, Gage County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the home's location, size, and any improvements can influence its assessed value. Homeowners in De Witt experience a median tax bill of $3,025, which is notably higher than the national median property tax bill of $2,400. This indicates a significant financial responsibility for residents in the area. Property taxes can be a substantial expense, especially when compared to the national median property tax rate of 1.02%.

Ownwell offers expert property tax appeal and exemption services to help homeowners potentially reduce their tax bills. By analyzing the assessed value and identifying discrepancies or opportunities for exemptions, Ownwell can assist homeowners in De Witt to ensure they are not overpaying on their property taxes. This can lead to significant savings and alleviate the financial burden on property owners.

Property Tax Bills Across De Witt, Gage County, Nebraska

Source: Ownwell

$246

$2,658

$5,070

Median De Witt Tax Bill

$3,025

Median Gage County Tax Bill

$1,782

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across De Witt, Gage County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68341	$811	$1,853	$3,025	$5,382	$8,432

Source: Ownwell