Davey, Lancaster County, Nebraska Property Taxes
Median Davey, NE effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Davey, NE home value: $315,000
Median annual Davey, NE tax bill: $3,913, $1,513 higher than the national median property tax bill of $2,400.
How are property taxes in Lancaster calculated?
Property taxes in Davey, 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 Davey’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Davey, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Davey, Lancaster County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.31%
Estimate Property Tax Bill
$4,127
$3,829
Ownwell’s Davey Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Davey with just two data points.
By entering your property's estimated assessed value, our calculator applies Davey’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 County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Davey, Lancaster County, Nebraska
Local government entities set tax rates, which can vary widely within a state. This variance is primarily because each county annually 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. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Davey, situated in Lancaster County, Nebraska, the effective property tax rate is 1.31%, which is notably higher than the national median rate of 1.02%. This means that homeowners in Davey face a higher tax burden compared to the average American homeowner. The property tax rate in Davey is consistent across Lancaster County, highlighting a uniform approach to tax assessment within the region.
Comparing Davey’s rate to other cities in Nebraska, it aligns with the state’s median property tax rate, which also stands at 1.31%. This consistency indicates a standardized approach to property taxation within the state. However, when compared to the national median property tax bill of $2400, residents in Davey may find themselves paying more due to the higher rate.
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 Davey Tax Rate
1.31%
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 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 Davey, Lancaster County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68336 | 1.05% | 1.18% | 1.31% | 1.42% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Davey, Lancaster County, Nebraska
When examining property taxes in Davey, 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 appraisal district 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 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 Davey. For example, the median home price in Davey is $315,000, with tax bills ranging significantly across the county. Zip code 68336 has the highest median home price at $315,000.
Property Tax Assessment Values Across Davey, Lancaster County, Nebraska
Source: Ownwell
$160,450
$345,425
$530,400
Median Davey Market Value
$315,000
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 Davey, Lancaster County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68336 | $133,320 | $195,450 | $315,000 | $410,850 | $537,500 |
Source: Ownwell
Property Tax Bills Across Davey, Lancaster County, Nebraska
In Davey, 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. In Davey, the median home price is $315,000. The property tax bill for the 25th percentile is $2,528, while the 75th percentile reaches $5,320, and the 90th percentile rises to $6,863. These figures indicate a significant range in tax bills, reflecting differences in property values and tax rates within the area.
Homeowners in Davey might find their property tax bills higher than the national median tax bill of $2,400, which can impact household budgets. Ownwell offers services to help homeowners reduce their property tax bills by identifying potential savings through appeals and exemptions. By analyzing the assessed value and ensuring it aligns with market conditions, Ownwell can assist homeowners in potentially lowering their tax obligations, providing financial relief and peace of mind.
Median Davey Tax Bill
$3,913
Median Lancaster County Tax Bill
$3,561
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Davey, Lancaster County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68336 | $1,557 | $2,528 | $3,913 | $5,320 | $6,863 |
Source: Ownwell