Ashton, Howard County, Nebraska Property Taxes
Median Ashton, NE effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Ashton, NE home value: $623,116
Median annual Ashton, NE tax bill: $6,415, $4,015 higher than the national median property tax bill of $2,400.
How are property taxes in Howard calculated?
Property taxes in Ashton, 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 Ashton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ashton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ashton, Howard County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$6,418
$5,956
Property Tax Rates Across Ashton, Howard 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 essential services. They then divide this budget by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining these rates and budgets, this is essentially the annual process.
Comparing Ashton in Howard County, Nebraska, to other cities within the state reveals some interesting insights. Ashton’s property tax rate is a reflection of the local budgetary needs and the total assessed property value in the area. Nebraska's median property tax rate is slightly above the national median, indicating a higher-than-average tax burden for property owners in the state. When compared to the U.S. median property tax rate of 1.02%, Nebraska's rate is marginally higher, which can impact property owners' annual expenses. Understanding these rates helps property owners in Ashton and beyond to better anticipate their financial obligations and plan accordingly.
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 Ashton Tax Rate
1.03%
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 Howard County Tax Rate
1.32%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ashton, Howard County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68817 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Ashton, Howard County, Nebraska
When examining property taxes in Ashton, 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 Howard 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 Howard County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Ashton.
For example, the median home price in Ashton is $623,116, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Ashton, Howard County, Nebraska
Source: Ownwell
$78,812
$220,448
$362,084
Median Ashton Market Value
$623,116
Median Howard County Market Value
$166,027
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ashton, Howard County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68817 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Ashton, Howard County, Nebraska
In Ashton, located in Howard County, NE, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Ashton, the tax bill can vary significantly, with the 25th percentile at $4,024 and the 75th percentile reaching $7,303. This variation highlights the importance of accurate assessments, as discrepancies can lead to overpayment.
The property tax rate in Ashton is higher than the national median rate of 1.02%, contributing to a tax bill that often surpasses the national median of $2,400. Homeowners in Ashton can benefit from a property tax appeal to ensure their assessments are fair. Ownwell offers expertise in identifying potential savings by reviewing property assessments and filing appeals on behalf of homeowners. By leveraging Ownwell's services, homeowners can potentially reduce their tax bills, ensuring they pay only their fair share.
Median Ashton Tax Bill
$6,415
Median Howard County Tax Bill
$2,390
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Ashton, Howard County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68817 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell