Newport, Keya Paha County, Nebraska Property Taxes

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

Median Newport, 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 Newport, NE home value: $251,215. Median annual Newport, NE tax bill: $1,686, $714 lower than the national median property tax bill of $2,400.

How are property taxes in Keya Paha calculated?

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

Last Updated March 1, 2025

Newport, 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

$1,658

$1,539

Ownwell’s Newport Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newport with just two data points.

By entering your property's estimated assessed value, our calculator applies Newport’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 Newport, Keya Paha County, Nebraska

Local government entities in Nebraska set tax rates, which can vary widely within the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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 Newport, Keya Paha County, the effective property tax rate is a reflection of this process. When compared to the national median property tax rate of 1.02%, Newport's rate is notably lower. This lower rate can be advantageous for property owners, offering potential savings compared to other regions with higher rates. However, it's important to consider that while lower tax rates can reduce immediate financial burdens, they may also impact the level of services funded by these taxes. As you evaluate property tax rates, consider how they align with your financial goals and the services you prioritize in your community.

Property Tax Rates Across Newport, 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 Newport 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 Newport, Keya Paha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68759	0.65%	0.65%	0.66%	0.67%	0.67%

Source: Ownwell

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

When examining property taxes in Newport, 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 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. Assessment notices: In Keya Paha 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 Newport. For example, the median home price in Newport is $251,215, with tax bills ranging significantly across the county. 68759 has the highest median home price at $251,215.

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

Source: Ownwell

$72,565

$161,890

$251,215

Median Newport Market Value

$251,215

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 Newport, Keya Paha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68759	$15,831	$100,489	$251,215	$339,312	$551,763

Source: Ownwell

Property Tax Bills Across Newport, Keya Paha County, Nebraska

In Newport, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the market value of the property. The tax rate in Keya Paha County is applied to this assessed value to calculate the annual property tax bill. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Homeowners in Newport face a median property tax bill of $1,686, which is below the national median of $2,400, yet it can still represent a significant expense for many.

Ownwell assists homeowners by identifying potential savings on property tax bills. Through a detailed analysis, Ownwell can determine if a property is over-assessed and help file an appeal to reduce the tax burden. This service can lead to substantial savings, especially for those whose tax bills fall into the higher percentiles, such as the 90th percentile, where bills can reach up to $3,623.

Property Tax Bills Across Newport, Keya Paha County, Nebraska

Source: Ownwell

$779

$1,233

$1,686

Median Newport Tax Bill

$1,686

Median Keya Paha County Tax Bill

$892

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Newport, Keya Paha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68759	$162	$699	$1,686	$2,335	$3,623

Source: Ownwell