Mills, Keya Paha County, Nebraska Property Taxes

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

Median Mills, NE effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Mills, NE home value: $174,140
Median annual Mills, NE tax bill: $1,200, $1,200 lower than the national median property tax bill of $2,400.

How are property taxes in Keya Paha calculated?

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

Last Updated March 1, 2025

Mills, Keya Paha 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

$1,149

$1,067

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

Property Tax Rates Across Mills, Keya Paha County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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. Below, you can compare Mills’ effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Mills, located in Keya Paha County, has a property tax rate of 0.66%, which is lower than the national median property tax rate of 1.02%. This makes Mills an attractive location for homeowners seeking lower property taxes. However, it's essential to consider that property tax rates can fluctuate based on local government decisions and economic factors. By understanding these dynamics, homeowners in Mills can better anticipate their tax obligations and make informed financial decisions.

Property Tax Rates Across Mills, Keya Paha County, Nebraska

Source: Ownwell

0.66%

0.67%

0.69%

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 Mills Tax Rate

0.66%

Median Effective Keya Paha County Tax Rate

0.67%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mills, Keya Paha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68753	0.65%	0.65%	0.66%	0.67%	0.67%

Source: Ownwell

Property Tax Assessment Values Across Mills, Keya Paha County, Nebraska

When examining property taxes in Mills, 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 Keya Paha 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 Keya Paha 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 Mills. For example, the median home price in Mills is $174,140, with tax bills ranging significantly across the county. Zip code 68753 has the highest median home price at $174,140.

Property Tax Assessment Values Across Mills, Keya Paha County, Nebraska

Source: Ownwell

$72,565

$161,890

$251,215

Median Mills Market Value

$174,140

Median Keya Paha County Market Value

$99,585

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mills, Keya Paha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68753	$12,155	$72,050	$174,140	$265,965	$490,675

Source: Ownwell

Property Tax Bills Across Mills, Keya Paha County, Nebraska

In Mills, located in Keya Paha County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Mills, the property tax bills can vary significantly. The 25th percentile tax bill is $536, while the 75th percentile reaches $1,762, and the 90th percentile can be as high as $3,244. This range highlights the variability in tax burdens depending on property value and location. Compared to the national median property tax bill of $2,400, Mills homeowners may experience a lower overall tax burden. However, the impact on individual homeowners can still be significant, especially for those at the higher end of the spectrum. Ownwell offers valuable services to help homeowners in Mills reduce their property tax bills by identifying potential savings through appeals and exemptions, ensuring that residents pay only their fair share.

Property Tax Bills Across Mills, Keya Paha County, Nebraska

Source: Ownwell

$779

$1,233

$1,686

Median Mills Tax Bill

$1,200

Median Keya Paha County Tax Bill

$892

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Mills, Keya Paha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68753	$100	$536	$1,200	$1,762	$3,244

Source: Ownwell