Odell, Gage County, Nebraska Property Taxes
Median Odell, NE effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Odell, NE home value: $95,302
Median annual Odell, NE tax bill: $1,309, $1,091 lower than the national median property tax bill of $2,400.
How are property taxes in Gage County calculated?
Property taxes in Odell, 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 Odell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Odell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Odell, Gage County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$912
$846
Property Tax Rates Across Odell, Gage County, Nebraska
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Odell, located in Gage County, Nebraska, the effective property tax rate is an important figure for homeowners to consider. Compared to other cities in Nebraska, Odell's property tax rate aligns with the state's median rate, which is notably higher than the national median of 1.02%. This difference can impact the overall property tax bill for homeowners in Odell, as the national median property tax bill is $2,400. Understanding these figures is crucial for property owners looking to manage their tax liabilities effectively. By staying informed about local tax rates and how they compare to state and national figures, property owners can make better financial decisions.
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 Odell Tax Rate
0.70%
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
1.30%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Odell, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68415 | 0.68% | 0.68% | 0.70% | 1.08% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Odell, Gage County, Nebraska
When examining property taxes in Odell, 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 Assessor's Office 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 Odell. For example, the median home price in Odell is $95,302, with tax bills ranging significantly across the county. Zip code 68415 has the highest median home price at $95,302.
Property Tax Assessment Values Across Odell, Gage County, Nebraska
Source: Ownwell
$15,000
$231,734
$448,468
Median Odell Market Value
$130,270
Median Gage County Market Value
$135,725
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Odell, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68415 | $32,277 | $73,932 | $130,270 | $330,998 | $619,260 |
Source: Ownwell
Property Tax Bills Across Odell, Gage County, Nebraska
Median Odell Tax Bill
$1,222
Median Gage County Tax Bill
$1,632
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Odell, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68415 | $243 | $657 | $1,222 | $2,319 | $4,259 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | June 30 |
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