Axtell, Kearney County, Nebraska Property Taxes
Median Axtell, NE effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Axtell, NE home value: $174,795
Median annual Axtell, NE tax bill: $2,772, $372 higher than the national median property tax bill of $2,400.
How are property taxes in Kearney calculated?
Property taxes in Axtell, 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 Axtell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Axtell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Axtell, Kearney County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.71%
Estimate Property Tax Bill
$2,989
$2,774
Property Tax Rates Across Axtell, Kearney County, Nebraska
Local government entities determine tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Axtell, located in Kearney County, Nebraska, the effective property tax rate is 1.71%. This rate is notably higher than the national median property tax rate of 1.02%. Interestingly, the property tax rate in Axtell is consistent across Kearney County, as it shares the same rate with other areas in the county. This uniformity highlights the variations that can occur within the state of Nebraska, as Axtell's rate is among the highest in the state. Compared to the national median property tax bill of $2400, residents in Axtell experience a different economic landscape with their property tax obligations.
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 Axtell Tax Rate
1.71%
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 Kearney County Tax Rate
1.71%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Axtell, Kearney County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68924 | 1.19% | 1.20% | 1.71% | 1.71% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Axtell, Kearney County, Nebraska
When examining property taxes in Axtell, 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 Kearney 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 Kearney County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Axtell.
For example, the median home price in Axtell is $174,795, with tax bills ranging significantly across the county. Zip code 68924 has the highest median home price at $174,795.
Property Tax Assessment Values Across Axtell, Kearney County, Nebraska
Source: Ownwell
$38,410
$248,758
$459,105
Median Axtell Market Value
$174,795
Median Kearney County Market Value
$148,680
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Axtell, Kearney County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68924 | $73,015 | $116,752 | $174,795 | $270,072 | $446,198 |
Source: Ownwell
Property Tax Bills Across Axtell, Kearney County, Nebraska
Median Axtell Tax Bill
$2,772
Median Kearney County Tax Bill
$2,442
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Axtell, Kearney County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68924 | $912 | $1,760 | $2,772 | $4,009 | $6,079 |
Source: Ownwell