Big Springs, Keith County, Nebraska Property Taxes

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

Median BIG SPRINGS, NE effective property tax rate: 1.02%, significantly the same as the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median BIG SPRINGS, NE home value: $362,580
Median annual BIG SPRINGS, NE tax bill: $3,718, $1,318 higher than the national median property tax bill of $2,400.

How are property taxes in Keith calculated?

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

Last Updated March 1, 2025

Big Springs, Keith County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$3,698

$3,432

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

Property Tax Rates Across Big Springs, Keith County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county in Nebraska estimates its budgetary needs to provide essential services, dividing this by the total value of all taxable property within its jurisdiction. This calculation establishes the property tax rate. While votes and laws influence the setting of these rates and budgets, the annual process essentially follows this formula.

In Big Springs, located in Keith County, the effective property tax rate can be compared to other cities within Nebraska and against both the state median and national median property tax rates. Nebraska's median property tax rate stands at 1.02%, aligning with the national median. This rate reflects the local government's effort to balance budgetary requirements with property value assessments. Understanding these comparisons can offer valuable insights for property owners in Big Springs, helping them to evaluate their property tax obligations relative to other areas. Such insights are crucial for those looking to manage their property tax liabilities effectively.

Property Tax Rates Across Big Springs, Keith County, Nebraska

Source: Ownwell

1.02%

1.30%

1.58%

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 Big Springs Tax Rate

1.02%

Median Effective Keith County Tax Rate

1.22%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Big Springs, Keith County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69122	1.01%	1.01%	1.02%	1.03%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Big Springs, Keith County, Nebraska

When examining property taxes in BIG SPRINGS, 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 Keith 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. Assessment notices: In Keith 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 BIG SPRINGS. For example, the median home price in BIG SPRINGS is $362,580, with tax bills ranging significantly across the county. 69122 has the highest median home price at $362,580.

Property Tax Assessment Values Across Big Springs, Keith County, Nebraska

Source: Ownwell

$94,970

$228,775

$362,580

Median Big Springs Market Value

$362,580

Median Keith County Market Value

$113,500

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Big Springs, Keith County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69122	$123,038	$226,464	$362,580	$529,159	$859,265

Source: Ownwell

Property Tax Bills Across Big Springs, Keith County, Nebraska

In Big Springs, located in Keith County, Nebraska, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. Homeowners in this area face a property tax bill that can vary significantly. While the 25th percentile tax bill is $2,323, the 75th percentile reaches $5,102, and the 90th percentile climbs to $8,722. These figures highlight the range of property tax burdens within the community. The highest and lowest median tax bill in the zip code 69122 is $3,718, which is above the national median property tax bill of $2,400. The property tax rate in Big Springs is influenced by the local government's budgetary needs, impacting homeowners directly. By leveraging Ownwell's expertise, homeowners can potentially reduce their property tax bills. Ownwell provides a comprehensive analysis of your property's assessed value, identifies discrepancies, and files appeals on your behalf, ensuring you pay only what you owe, not a dollar more.

Property Tax Bills Across Big Springs, Keith County, Nebraska

Source: Ownwell

$1,086

$2,402

$3,718

Median Big Springs Tax Bill

$3,718

Median Keith County Tax Bill

$1,583

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Big Springs, Keith County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69122	$1,262	$2,323	$3,718	$5,102	$8,722

Source: Ownwell