Valentine, Keya Paha County, Nebraska Property Taxes
Median Valentine, NE effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Valentine, NE home value: $559,430
Median annual Valentine, NE tax bill: $3,779, $1,379 higher than the national median property tax bill of $2,400.
How are property taxes in Keya Paha calculated?
Property taxes in Valentine, 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 Valentine’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Valentine, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Valentine, Keya Paha County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$3,804
$3,530
Property Tax Rates Across Valentine, Keya Paha County, Nebraska
Local government entities determine property tax rates, which can differ significantly within a state. Each year, counties calculate their budgets to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This process results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.
In Valentine, located in Keya Paha County, Nebraska, the effective property tax rate is 0.68%. When compared to the national median property tax rate of 1.02%, Valentine's rate is considerably lower. This means that property owners in Valentine enjoy a more favorable tax environment compared to many other areas in the United States. The median property tax bill here is also likely to be lower than the national median of $2,400, offering residents a financial advantage. By understanding these rates, property owners can make informed decisions about their investments and potential savings in property taxes.
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 Valentine Tax Rate
0.68%
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 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 Valentine, Keya Paha County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69201 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Valentine, Keya Paha County, Nebraska
When examining property taxes in Valentine, 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 Valentine.
For example, the median home price in Valentine is $559,430, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Valentine, Keya Paha County, Nebraska
Source: Ownwell
$72,565
$161,890
$251,215
Median Valentine Market Value
$559,430
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 Valentine, Keya Paha County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69201 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Valentine, Keya Paha County, Nebraska
In Valentine, located in Keya Paha County, Nebraska, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to calculate the total tax bill. In Valentine, the tax bill can vary significantly, with the 25th percentile at $601 and the 75th percentile reaching $4,436. This variation indicates a substantial range in property values and corresponding tax burdens, affecting homeowners differently. Compared to the national median property tax bill of $2,400, many Valentine residents experience lower tax bills, though some pay significantly more.
Factors such as property size, location, and improvements can influence the assessed value, impacting the tax bill. Homeowners in Valentine can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners potentially reduce their tax liabilities, ensuring they only pay their fair share. This can lead to significant savings, providing financial relief and peace of mind.
Median Valentine Tax Bill
$3,779
Median Keya Paha County Tax Bill
$892
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Valentine, Keya Paha County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69201 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell