Firth, Lancaster County, Nebraska Property Taxes

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

Median Firth, NE effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Firth, NE home value: $314,800
Median annual Firth, NE tax bill: $4,277, $1,877 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

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

Last Updated March 1, 2025

Firth, Lancaster County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$4,061

$3,768

Ownwell’s Firth Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Firth with just two data points. By entering your property's estimated assessed value, our calculator applies Firth’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 Firth, Lancaster County, Nebraska

Local government entities determine tax rates, leading to variations within a state. Each county annually estimates its budget to provide services and divides this by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. This process, while influenced by votes and laws, essentially follows this annual routine. In Firth, located in Lancaster County, NE, the effective property tax rate is 1.29%, slightly higher than the national median of 1.02%. When compared to the national median property tax bill of $2400, homeowners in Firth may experience a different financial impact due to this rate. This comparison offers valuable insights into how Firth's property tax rate stands against other cities in Nebraska and the broader U.S. context. Understanding these differences can help property owners make informed decisions about their tax appeals and exemptions.

Property Tax Rates Across Firth, 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 Firth Tax Rate

1.29%

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 Firth, Lancaster County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68358	1.10%	1.19%	1.29%	1.47%	1.62%

Source: Ownwell

Property Tax Assessment Values Across Firth, Lancaster County, Nebraska

When examining property taxes in Firth, 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 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 Firth. For example, the median home price in Firth is $314,800, with tax bills ranging significantly across the county. Zip code 68358 has the highest median home price at $314,800.

Property Tax Assessment Values Across Firth, Lancaster County, Nebraska

Source: Ownwell

$160,450

$345,425

$530,400

Median Firth Market Value

$314,800

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 Firth, Lancaster County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68358	$133,680	$185,800	$314,800	$458,500	$550,080

Source: Ownwell

Property Tax Bills Across Firth, Lancaster County, Nebraska

In Firth, Lancaster County, NE, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. Local tax rates are applied to this assessed value to calculate the annual tax bill. Homeowners in Firth experience a median property tax bill of $4,277, which is significantly higher than the national median of $2,400. This indicates a substantial financial obligation for property owners in the area. The tax bill can vary widely, with the 25th percentile at $2,631 and the 90th percentile reaching $6,591, reflecting differences in property values and assessments. This variability can impact homeowners’ budgets, making it crucial to ensure accurate assessments. By leveraging Ownwell's expertise, homeowners can potentially reduce their property tax bills. Ownwell assists by reviewing assessments for errors and identifying opportunities for exemptions or appeals. This service can lead to significant savings, alleviating the financial burden of high property taxes for Firth residents.

Property Tax Bills Across Firth, Lancaster County, Nebraska

Source: Ownwell

$2,267

$4,383

$6,499

Median Firth Tax Bill

$4,277

Median Lancaster County Tax Bill

$3,561

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Firth, Lancaster County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68358	$1,676	$2,631	$4,277	$5,626	$6,591

Source: Ownwell