Tobias, Jefferson County, Nebraska Property Taxes

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

Median Tobias, NE effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Tobias, NE home value: $1,160,601
Median annual Tobias, NE tax bill: $12,780, $10,380 higher than the national median property tax bill of $2,400.

How are property taxes in Jefferson County calculated?

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

Last Updated March 1, 2025

Tobias, Jefferson County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$8,973

$8,327

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

Property Tax Rates Across Tobias, Jefferson 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 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 setting tax rates and budgets, this is essentially the annual process.

In Tobias, located in Jefferson County, Nebraska, the effective property tax rate reflects the county's unique budgetary needs and property values. This rate can be compared to other cities within Nebraska and the broader state median. Nebraska's median property tax rate is slightly above the national median, indicating a higher burden on property owners compared to many other states. Despite this, the property tax bills in Tobias may still be competitive depending on the assessed values and local considerations. Understanding these dynamics helps property owners navigate their tax responsibilities more effectively and highlights the importance of appealing and managing property taxes strategically.

Property Tax Rates Across Tobias, Jefferson County, Nebraska

Source: Ownwell

0.84%

1.13%

1.42%

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 Tobias Tax Rate

0.66%

Median Effective Jefferson County Tax Rate

1.35%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tobias, Jefferson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Tobias, Jefferson County, Nebraska

When examining property taxes in Tobias, 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 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 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 Tobias.

For example, the median home price in Tobias is $1,160,601, with tax bills ranging significantly across the county. The 90th percentile tax bill is $16,782, highlighting the substantial variance in property tax liabilities.

Property Tax Assessment Values Across Tobias, Jefferson County, Nebraska

Source: Ownwell

$25,440

$212,223

$399,006

Median Tobias Market Value

$1,359,552

Median Jefferson County Market Value

$102,932

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tobias, Jefferson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Tobias, Jefferson County, Nebraska

In Tobias, located in Jefferson County, Nebraska, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, influenced by factors such as location, size, and condition. With a median home price of $1,160,601, homeowners in Tobias face property tax bills that can be substantial, often ranging from $12,130 at the 25th percentile to $16,782 at the 90th percentile. These figures are significantly higher than the national median property tax bill of $2,400, reflecting the area's high property values and tax rates. Homeowners can be financially impacted by these high costs, making it crucial to ensure their property is assessed correctly. Ownwell offers services to help homeowners in Tobias potentially reduce their property tax bills. By analyzing property assessments and identifying discrepancies, Ownwell assists in appealing for fairer valuations, potentially leading to significant savings on annual property tax expenses.

Property Tax Bills Across Tobias, Jefferson County, Nebraska

Source: Ownwell

$249

$1,908

$3,567

Median Tobias Tax Bill

$8,944

Median Jefferson County Tax Bill

$1,238

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Tobias, Jefferson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell