Cairo, Howard County, Nebraska Property Taxes

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

Median Cairo, NE effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Cairo, NE home value: $274,311
Median annual Cairo, NE tax bill: $3,398, $998 higher than the national median property tax bill of $2,400.

How are property taxes in Howard calculated?

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

Last Updated March 1, 2025

Cairo, Howard County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$3,401

$3,156

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

Property Tax Rates Across Cairo, Howard County, Nebraska

Local government entities set tax rates, which can vary widely within a state. The reason? Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Cairo, located in Howard County, Nebraska, the effective property tax rate stands at 1.24%. This rate surpasses the national median property tax rate of 1.02%, reflecting the local government's budgetary needs and the total value of taxable property in the area. Interestingly, Cairo's rate is consistent with both the highest and lowest median tax rates within the state, suggesting a uniformity in tax assessments across certain regions. This comparison highlights the importance of understanding local tax rates, as they directly impact property owners' financial responsibilities. By being informed, property owners in Cairo can better navigate their property tax obligations and potentially identify opportunities for tax appeals or exemptions.

Property Tax Rates Across Cairo, Howard County, Nebraska

Source: Ownwell

0.99%

1.41%

1.82%

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 Cairo Tax Rate

1.24%

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 Cairo, Howard County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68824	1.22%	1.23%	1.24%	1.24%	1.24%

Source: Ownwell

Property Tax Assessment Values Across Cairo, Howard County, Nebraska

When examining property taxes in Cairo, 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 Howard 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.

In Howard 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 Cairo. For example, the median home price in Cairo is $274,311, with tax bills ranging significantly across the county. The zip code 68824 has the highest median home price at $274,311.

Property Tax Assessment Values Across Cairo, Howard County, Nebraska

Source: Ownwell

$78,812

$220,448

$362,084

Median Cairo Market Value

$274,311

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 Cairo, Howard County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68824	$131,237	$170,059	$274,311	$394,991	$843,759

Source: Ownwell

Property Tax Bills Across Cairo, Howard County, Nebraska

In Cairo, Howard County, NE, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the home's market value, which is determined by local assessors. The property tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, subsequently affecting the homeowner's tax bill. In Cairo, the median property tax bill is competitive when compared to the national median of $2,400. However, with tax bills ranging significantly, from the 25th percentile at $2,107 to the 90th percentile at $10,338, homeowners may find themselves paying more than necessary. Ownwell can assist homeowners by reviewing their property assessments and identifying potential areas for appeal or exemption, ensuring they are not overpaying. By leveraging expert knowledge and local insights, Ownwell helps homeowners optimize their property tax bills, potentially saving them a significant amount each year.

Property Tax Bills Across Cairo, Howard County, Nebraska

Source: Ownwell

$1,187

$2,883

$4,579

Median Cairo Tax Bill

$3,398

Median Howard County Tax Bill

$2,390

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Cairo, Howard County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68824	$1,626	$2,107	$3,398	$4,847	$10,338

Source: Ownwell