Maywood, Lincoln County, Nebraska Property Taxes

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

Median Maywood, NE effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Maywood, NE home value: $224,290
Median annual Maywood, NE tax bill: $2,449, $49 higher than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

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

Last Updated March 1, 2025

Maywood, Lincoln County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.25%

Estimate Property Tax Bill

$2,804

$2,602

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

Local government entities set tax rates, which can vary widely within a state. Annually, 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 Maywood’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. The median property tax rate in Nebraska stands at 1.25%, which is above the national median of 1.02%. This higher tax rate means that homeowners in Nebraska, including those in Maywood, may face higher property tax bills compared to the national average. Understanding these dynamics can help residents make informed decisions about property ownership and potential tax appeals.

Property Tax Rates Across Maywood, 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 Maywood Tax Rate

1.25%

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 Maywood, Lincoln County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69038	0.72%	1.24%	1.25%	1.27%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Maywood, Lincoln County, Nebraska

When examining property taxes in Maywood, 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 May. 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 Maywood.

For example, the median home price in Maywood is $224,290, with tax bills ranging significantly across the county. Zip code 69038 has the highest median home price at $224,290.

Property Tax Assessment Values Across Maywood, Lincoln County, Nebraska

Source: Ownwell

$76,140

$235,848

$395,555

Median Maywood Market Value

$224,290

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 Maywood, Lincoln County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69038	$134,631	$181,678	$224,290	$337,860	$550,743

Source: Ownwell

Property Tax Bills Across Maywood, Lincoln County, Nebraska

In Maywood, located in Lincoln County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value, resulting in the annual property tax bill. Factors such as property size, location, and improvements can influence the assessed value. The median home price in Maywood is $224,290, and property tax bills can range significantly, with the 25th percentile at $1,730 and the 75th percentile at $4,108. The national median property tax bill is $2,400, highlighting the variability within Maywood. High property tax bills can place a financial burden on homeowners, impacting their budget and long-term financial planning. Ownwell offers valuable assistance by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can advocate for fair taxation, ensuring homeowners don't overpay and can save significantly on their property tax bills.

Property Tax Bills Across Maywood, Lincoln County, Nebraska

Source: Ownwell

$1,317

$2,808

$4,298

Median Maywood Tax Bill

$2,449

Median Lincoln County Tax Bill

$2,112

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Maywood, Lincoln County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69038	$1,234	$1,730	$2,449	$4,108	$6,800

Source: Ownwell