Ogallala, Keith County, Nebraska Property Taxes

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

Median OGALLALA, NE effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median OGALLALA, NE home value: $116,640
Median annual OGALLALA, NE tax bill: $1,778, $622 lower than the national median property tax bill of $2,400.

How are property taxes in Keith County calculated?

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

Last Updated March 1, 2025

Ogallala, Keith County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$1,843

$1,710

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

Property Tax Rates Across Ogallala, Keith County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Ogallala, located in Keith County, Nebraska, the effective property tax rate is a reflection of this process. With a median property tax rate of 1.58%, Ogallala stands out in Nebraska. This rate is significantly higher than the national median property tax rate of 1.02%. Such a difference highlights the variability in tax rates not just within Nebraska, but also across the United States.

Comparing Ogallala’s property tax rate to other cities in Nebraska and the broader U.S. context reveals the unique economic landscape of Keith County. This understanding can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Ogallala, 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 Ogallala Tax Rate

1.58%

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 Ogallala, Keith County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69153	1.22%	1.22%	1.58%	1.58%	1.58%

Source: Ownwell

Property Tax Assessment Values Across Ogallala, Keith County, Nebraska

When examining property taxes in OGALLALA, 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 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 Keith 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 OGALLALA.

For example, the median home price in OGALLALA is $116,640, with tax bills ranging significantly across the county. 69153 has the highest median home price at $116,640.

Property Tax Assessment Values Across Ogallala, Keith County, Nebraska

Source: Ownwell

$94,970

$228,775

$362,580

Median Ogallala Market Value

$116,640

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 Ogallala, Keith County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69153	$35,722	$69,000	$116,640	$190,525	$344,515

Source: Ownwell

Property Tax Bills Across Ogallala, Keith County, Nebraska

In OGALLALA, located in Keith County, NE, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which is influenced by factors such as the property's location, size, and condition. Homeowners in OGALLALA face a median property tax bill of $1,778, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with some homeowners paying as little as $1,021, while others may see bills as high as $4,770. These variations depend on the specific characteristics and assessed value of each property. For homeowners looking to reduce their property tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing individual property assessments and identifying potential discrepancies or opportunities for exemptions, Ownwell helps homeowners in OGALLALA potentially lower their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Ogallala, Keith County, Nebraska

Source: Ownwell

$1,086

$2,402

$3,718

Median Ogallala Tax Bill

$1,778

Median Keith County Tax Bill

$1,583

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Ogallala, Keith County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69153	$489	$1,021	$1,778	$2,846	$4,770

Source: Ownwell