Wilcox, Harlan County, Nebraska Property Taxes
Median Wilcox, NE effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Wilcox, NE home value: $214,372
Median annual Wilcox, NE tax bill: $2,542, $142 higher than the national median property tax bill of $2,400.
How are property taxes in Harlan calculated?
Property taxes in Wilcox, 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 Wilcox’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wilcox, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wilcox, Harlan County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$2,337
$2,168
Property Tax Rates Across Wilcox, Harlan County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Annually, 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.
In Wilcox, located in county 31083 in Nebraska, the effective property tax rate provides an interesting comparison to other cities in the region and the national landscape. The median property tax rate here is 1.09%, which is slightly above the national median of 1.02%. This indicates that residents in Wilcox may pay a bit more in property taxes compared to the national average. However, it is essential to consider that property tax rates are influenced by local government budget requirements and the total assessed value of properties. Understanding these dynamics can help property owners make informed decisions and potentially seek appeals or exemptions to manage their tax liabilities effectively.
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 Wilcox Tax Rate
1.09%
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 Harlan County Tax Rate
1.53%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wilcox, Harlan County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68982 | 1.07% | 1.08% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Wilcox, Harlan County, Nebraska
When examining property taxes in WILCOX, 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 Harlan 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 Harlan 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 WILCOX.
For example, the median home price in WILCOX is $214,372, with tax bills ranging significantly across the county. 68982 has the highest median home price at $214,372.
Property Tax Assessment Values Across Wilcox, Harlan County, Nebraska
Source: Ownwell
$11,750
$113,061
$214,372
Median Wilcox Market Value
$214,372
Median Harlan County Market Value
$72,830
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wilcox, Harlan County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68982 | $80,688 | $127,897 | $214,372 | $811,309 | $1,216,534 |
Source: Ownwell
Property Tax Bills Across Wilcox, Harlan County, Nebraska
Median Wilcox Tax Bill
$2,542
Median Harlan County Tax Bill
$1,149
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Wilcox, Harlan County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68982 | $869 | $1,370 | $2,542 | $8,867 | $13,294 |
Source: Ownwell