Firth, Gage County, Nebraska Property Taxes
Median Firth, NE effective property tax rate: 1.62%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Firth, NE home value: $328,162
Median annual Firth, NE tax bill: $5,070, $2,670 higher than the national median property tax bill of $2,400.
How are property taxes in Gage County calculated?
Property taxes in Firth, 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 Firth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Firth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Firth, Gage County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.62%
Estimate Property Tax Bill
$5,316
$4,933
Property Tax Rates Across Firth, Gage County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county 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. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Firth’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
In Firth, located in Gage County, the median property tax rate stands at 1.62%. This figure is significantly higher than the national median property tax rate of 1.02%. When compared to the national median property tax bill of $2,400, residents in Firth experience a relatively higher tax burden. Understanding these local tax dynamics is crucial for property owners, as it directly impacts annual expenses. By staying informed about the property tax landscape in Firth and comparing it to broader trends, property owners can make more informed decisions about their investments and financial planning.
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 Firth Tax Rate
1.62%
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 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 Firth, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68358 | 1.38% | 1.59% | 1.62% | 1.62% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Firth, Gage County, Nebraska
When examining property taxes in Firth, 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 Gage 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.
In Gage 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 Firth. For example, the median home price in Firth is $328,162, with tax bills ranging significantly across the county. Zip code 68358 has the highest median home price at $328,162.
Property Tax Assessment Values Across Firth, Gage County, Nebraska
Source: Ownwell
$16,038
$172,100
$328,162
Median Firth Market Value
$328,162
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 Firth, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68358 | $162,080 | $229,819 | $328,162 | $394,200 | $456,300 |
Source: Ownwell
Property Tax Bills Across Firth, Gage County, Nebraska
Median Firth Tax Bill
$5,070
Median Gage County Tax Bill
$1,782
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Firth, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68358 | $2,243 | $3,494 | $5,070 | $6,330 | $7,371 |
Source: Ownwell