Bennet, Lancaster County, Nebraska Property Taxes

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

Median Bennet, NE effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Bennet, NE home value: $267,400
Median annual Bennet, NE tax bill: $4,169, $1,769 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

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

Last Updated March 1, 2025

Bennet, Lancaster County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.56%

Estimate Property Tax Bill

$4,171

$3,871

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

Property Tax Rates Across Bennet, Lancaster 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.

Bennet in Lancaster County, Nebraska, reflects a distinctive property tax landscape. With a median tax rate of 1.56%, it stands above the national median property tax rate of 1.02%. This places Bennet among the higher property tax rate areas when compared nationally. The effective property tax rate in Bennet is consistent across the region, highlighting a uniform approach to property taxation in this area.

Nebraska's property tax rates can vary significantly from one jurisdiction to another, but Bennet's rate is indicative of the higher end of the spectrum within the state. For property owners in Bennet, understanding these rates is crucial for financial planning and making informed decisions about property investments.

Property Tax Rates Across Bennet, Lancaster County, Nebraska

Source: Ownwell

1.14%

1.47%

1.80%

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 Bennet Tax Rate

1.56%

Median Effective Lancaster County Tax Rate

1.51%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bennet, Lancaster County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68317	0.78%	1.23%	1.56%	1.74%	1.85%

Source: Ownwell

Property Tax Assessment Values Across Bennet, Lancaster County, Nebraska

When examining property taxes in Bennet, 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 Lancaster 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. Assessment notices: In Lancaster 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 Bennet. For example, the median home price in Bennet is $267,400, with tax bills ranging significantly across the county. Zip code 68317 has the highest median home price at $267,400.

Property Tax Assessment Values Across Bennet, Lancaster County, Nebraska

Source: Ownwell

$160,450

$345,425

$530,400

Median Bennet Market Value

$267,400

Median Lancaster County Market Value

$238,100

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bennet, Lancaster County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68317	$71,500	$168,650	$267,400	$384,600	$523,060

Source: Ownwell

Property Tax Bills Across Bennet, Lancaster County, Nebraska

In Bennet, located in Lancaster County, NE, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by local assessors who evaluate the property's market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Bennet, the median property tax bill is $4,169, which is significantly higher than the national median of $2,400. This higher tax burden can impact homeowners' finances, especially when compared to the national median property tax rate of 1.02%.

Several factors influence the property tax bill, including changes in property value and local government budget needs. Homeowners can find these taxes challenging, particularly if property values increase significantly. Fortunately, Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging local expertise, Ownwell can help homeowners in Bennet potentially reduce their tax liabilities, ensuring they pay a fair amount based on their property's true value. This service can lead to substantial savings, easing the financial burden on homeowners.

Property Tax Bills Across Bennet, Lancaster County, Nebraska

Source: Ownwell

$2,267

$4,383

$6,499

Median Bennet Tax Bill

$4,169

Median Lancaster County Tax Bill

$3,561

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Bennet, Lancaster County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68317	$795	$2,501	$4,169	$5,393	$6,776

Source: Ownwell