Mahaska, Jefferson County, Nebraska Property Taxes

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

Median Mahaska, NE effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Mahaska, NE home value: $689,987
Median annual Mahaska, NE tax bill: $10,292, $7,892 higher than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

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

Last Updated March 1, 2025

Mahaska, Jefferson County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.5%

Estimate Property Tax Bill

$10,350

$9,604

Ownwell’s Mahaska Property Tax Bill Calculator provides homeowners, real estate investors, and potential buyers with the ability to estimate their annual property taxes in Mahaska using just two data points. By entering your property's estimated assessed value, the calculator applies Mahaska’s median effective tax rate to deliver an accurate estimate of your property tax bill. It's important to note that your property's assessed value, determined by your county, incorporates any exemptions you may have, ensuring a precise calculation of your property tax obligations. This valuable tool not only helps you understand potential tax liabilities but also emphasizes how Ownwell can assist in reducing property taxes in Jefferson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mahaska, Jefferson County, Nebraska

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its necessary budget for providing services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is the general process followed each year.

In Mahaska, located in Jefferson County, Nebraska, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This means that property owners in Mahaska face a greater tax burden compared to other regions across the country. Despite this, the rate is reflective of the local government's budgetary needs and the total assessed value of properties in the area. Comparing Mahaska’s rate to other cities in Nebraska and the national averages provides insight into the region's tax landscape. Understanding these differences can help property owners make informed decisions about their investments and potential tax appeal opportunities.

Property Tax Rates Across Mahaska, Jefferson County, Nebraska

Source: Ownwell

1.19%

1.71%

2.24%

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 Mahaska Tax Rate

1.50%

Median Effective Jefferson County Tax Rate

1.75%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mahaska, Jefferson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Assessment Values Across Mahaska, Jefferson County, Nebraska

When examining property taxes in Mahaska, 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 Jefferson County Appraisal District 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 Jefferson 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 Mahaska. For example, the median home price in Mahaska is $689,987, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Mahaska, Jefferson County, Nebraska

Source: Ownwell

$17,354

$155,444

$293,534

Median Mahaska Market Value

$689,987

Median Jefferson County Market Value

$68,781

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mahaska, Jefferson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Bills Across Mahaska, Jefferson County, Nebraska

In Mahaska, Nebraska, property tax bills are determined based on the assessed value of a home, which is derived from its market value. The local tax rate is applied to this assessed value to calculate the annual tax bill. For homeowners in Mahaska, the median property tax bill is notably high compared to the national median, reflecting the area's elevated home values. Factors such as property improvements, neighborhood changes, and local government budgets can influence the assessed value and, consequently, the tax bill. With the 25th percentile tax bill at $7,538 and the 90th percentile reaching $85,023, there's a significant range in what homeowners might pay, highlighting the variability based on property specifics and valuation. Ownwell offers invaluable assistance by providing expert property tax appeal services. By evaluating a home's assessed value and identifying potential discrepancies or overvaluations, Ownwell can help homeowners in Mahaska potentially reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Mahaska, Jefferson County, Nebraska

Source: Ownwell

$222

$1,861

$3,499

Median Mahaska Tax Bill

$10,292

Median Jefferson County Tax Bill

$1,295

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Mahaska, Jefferson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile

Source: Ownwell