Saint Libory, Howard County, Nebraska Property Taxes
Median Saint Libory, NE effective property tax rate: 0.99%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Saint Libory, NE home value: $204,953
Median annual Saint Libory, NE tax bill: $2,007, $393 lower than the national median property tax bill of $2,400.
How are property taxes in Howard County calculated?
Property taxes in Saint Libory, 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 Saint Libory’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Saint Libory, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Saint Libory, Howard County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$2,029
$1,883
Property Tax Rates Across Saint Libory, Howard County, Nebraska
Local government entities are responsible for setting property tax rates, which can vary significantly within Nebraska. The process involves each county estimating its annual budget to provide necessary services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in finalizing tax rates and budgets, this is essentially how it works each year.
In Saint Libory, located in Howard County, the effective property tax rate is notably close to the state median of 0.99%. This rate is also slightly below the national median property tax rate of 1.02%. Comparing rates across Nebraska, Saint Libory’s rate is consistent with the highest and lowest median tax rates in the state, both recorded at 0.99% in the same zip code. This suggests a uniformity in property tax rates within this region, offering a stable expectation for homeowners. Understanding these rates can help property owners in Saint Libory and beyond make informed decisions about their investments and financial planning.
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 Saint Libory Tax Rate
0.99%
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 Saint Libory, Howard County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68872 | 0.98% | 0.99% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Saint Libory, Howard County, Nebraska
When examining property taxes in Saint Libory, 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 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 Saint Libory. For example, the median home price in Saint Libory is $204,953, with tax bills ranging significantly across the county. Zip code 68872 has the highest median home price at $204,953.
Property Tax Assessment Values Across Saint Libory, Howard County, Nebraska
Source: Ownwell
$78,812
$220,448
$362,084
Median Saint Libory Market Value
$204,953
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 Saint Libory, Howard County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68872 | $101,451 | $139,710 | $204,953 | $357,608 | $639,818 |
Source: Ownwell
Property Tax Bills Across Saint Libory, Howard County, Nebraska
Median Saint Libory Tax Bill
$2,007
Median Howard County Tax Bill
$2,390
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Saint Libory, Howard County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68872 | $864 | $1,364 | $2,007 | $3,622 | $6,415 |
Source: Ownwell