Lynch, Holt County, Nebraska Property Taxes

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

Median Lynch, NE effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Lynch, NE home value: $57,720
Median annual Lynch, NE tax bill: $539, $1,861 lower than the national median property tax bill of $2,400.

How are property taxes in Holt calculated?

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

Last Updated March 1, 2025

Lynch, Holt County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$409

$379

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

Property Tax Rates Across Lynch, Holt County, Nebraska

Local government entities determine tax rates, which can fluctuate significantly within a state. Each year, counties like 31089 in NE calculate their necessary budgets to fund services and divide this by the total value of all taxable properties in their area. This calculation determines the property tax rate. Although votes and legislation play roles in establishing these rates and budgets, this is the fundamental process. In LYNCH, the effective property tax rate can be compared to other cities in NE, as well as the median rates in NE and across the U.S. The national median property tax rate is 1.02%, while NE's median stands at 0.99%. This comparison highlights how LYNCH's rates align with broader state and national figures. Understanding these rates can help property owners better anticipate their tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Lynch, Holt County, Nebraska

Source: Ownwell

0.73%

1.17%

1.61%

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 Lynch Tax Rate

0.71%

Median Effective Holt County Tax Rate

1.26%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lynch, Holt County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68746	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lynch, Holt County, Nebraska

When examining property taxes in Lynch, 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 Holt 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 Holt 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 Lynch. For example, the median home price in Lynch is $57,720, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lynch, Holt County, Nebraska

Source: Ownwell

$26,607

$71,002

$115,396

Median Lynch Market Value

$57,557

Median Holt County Market Value

$97,050

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lynch, Holt County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68746	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lynch, Holt County, Nebraska

In Lynch, located in Holt County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Lynch is $57,720. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Lynch typically see a wide range in their tax bills, with the 25th percentile at $163 and the 75th percentile reaching $1,145. For those at the 90th percentile, the tax bill can be as high as $1,575. These figures highlight the variability in property tax burdens, which can significantly affect homeowners' finances.

Ownwell offers a valuable service by helping homeowners in Lynch appeal their property tax assessments and identify potential exemptions. By ensuring that properties are fairly assessed, Ownwell can potentially reduce tax bills, providing financial relief. This service is especially beneficial given that local tax bills can be a substantial expense relative to the national median property tax bill of $2,400.

Property Tax Bills Across Lynch, Holt County, Nebraska

Source: Ownwell

$208

$870

$1,532

Median Lynch Tax Bill

$350

Median Holt County Tax Bill

$1,075

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Lynch, Holt County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68746	N/A	N/A	N/A	N/A	N/A

Source: Ownwell