Brady, Lincoln County, Nebraska Property Taxes

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

Median Brady, NE effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Brady, NE home value: $185,247
Median annual Brady, NE tax bill: $2,876, $476 higher than the national median property tax bill of $2,400.

How are property taxes in Lincoln calculated?

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

Last Updated March 1, 2025

Brady, Lincoln County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$2,612

$2,424

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

Property Tax Rates Across Brady, Lincoln 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. Below, you can compare Brady’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Brady, located in Lincoln County, has a median property tax rate of 1.41%, which is higher than the national median property tax rate of 1.02%. This places Brady's property tax rate at the higher end of the spectrum both within the state and across the nation. Understanding these rates is crucial for homeowners looking to manage their property tax bills effectively. By being informed, property owners in Brady can make strategic decisions regarding their property investments and potential tax appeals.

Property Tax Rates Across Brady, Lincoln County, Nebraska

Source: Ownwell

1.07%

1.53%

1.98%

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 Brady Tax Rate

1.41%

Median Effective Lincoln County Tax Rate

1.93%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Brady, Lincoln County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69123	1.38%	1.41%	1.41%	1.99%	1.99%

Source: Ownwell

Property Tax Assessment Values Across Brady, Lincoln County, Nebraska

When examining property taxes in Brady, 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 Lincoln 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.

In Lincoln 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 Brady. For example, the median home price in Brady is $185,247, with tax bills ranging significantly across the county. Zip code 69123 has the highest median home price at $185,247.

Property Tax Assessment Values Across Brady, Lincoln County, Nebraska

Source: Ownwell

$76,140

$235,848

$395,555

Median Brady Market Value

$185,247

Median Lincoln County Market Value

$120,701

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Brady, Lincoln County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69123	$24,048	$75,977	$185,247	$289,266	$390,912

Source: Ownwell

Property Tax Bills Across Brady, Lincoln County, Nebraska

In Brady, located in Lincoln County, NE, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined based on the property's market value, which can fluctuate with real estate trends. Homeowners in Brady face a median property tax bill of $2,876, aligning with the national median of $2,400. However, tax bills can range significantly, from the 25th percentile at $1,393 to the 90th percentile at $5,513. These variations are influenced by factors such as property size, location, and local government budgets. High property tax bills can pose a financial burden on homeowners, especially when they exceed the national median property tax rate of 1.02%. Ownwell offers a solution by providing property tax appeal and exemption services, potentially reducing tax liabilities. By leveraging local expertise and data-driven insights, Ownwell helps homeowners navigate the complexities of property tax assessments, ensuring they pay only their fair share.

Property Tax Bills Across Brady, Lincoln County, Nebraska

Source: Ownwell

$1,317

$2,808

$4,298

Median Brady Tax Bill

$2,876

Median Lincoln County Tax Bill

$2,112

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Brady, Lincoln County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69123	$254	$1,393	$2,876	$4,248	$5,513

Source: Ownwell