Loup County, Nebraska Property Taxes
Median Loup County effective property tax rate: 0.97%, significantly lower than the national median of 1.02%.
Median Loup County home value: $136,618
Median annual Loup County tax bill: $1,474, $926 lower than the national median property tax bill of $2,400.
How are property taxes in Loup County calculated?
Property taxes in Loup County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in a city in Loup County or another part of Loup County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Loup County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$1,325
$1,230
Ownwell’s Loup County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Loup County with just two data points.
By entering your property's estimated assessed value, our calculator applies Loup County’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 more 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 Loup County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Loup County, Nebraska
Local government entities are responsible for setting tax rates, leading to significant variations within a state. Annually, each county determines the budget needed to provide essential services and divides this amount by the total value of all taxable properties within its jurisdiction. This process establishes the property tax rate. Although tax rates and budgets involve votes and legislation, this is the core of the annual procedure.
You can compare Loup County's effective property tax rate to other counties in Nebraska or the U.S. median property tax rate. The median property tax rate in Loup County is 0.97%, which is slightly below the national median of 1.02%. This rate reflects the county's approach to balancing service provision and fiscal responsibility. While Loup County maintains a competitive tax rate, other counties in Nebraska, such as Taylor, have higher rates, with Taylor's rate reaching 1.64%. Conversely, Burwell matches Loup County with a similar rate of 0.97%. These comparisons highlight the diverse tax landscape across counties and emphasize the importance of understanding local tax policies.
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 Loup County Tax Rate
0.97%
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 Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Loup County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Burwell | 0.95% | 0.97% | 0.97% | 0.97% | 0.97% |
Taylor | 0.95% | 0.95% | 1.64% | 1.64% | 1.64% |
Anselmo | N/A | N/A | N/A | N/A | N/A |
Bassett | N/A | N/A | N/A | N/A | N/A |
Sargent | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Loup County, Nebraska
When examining property taxes in Loup County, 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 Loup 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:
Assessment notices in Loup County 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 Loup County.
For example, the median tax bill in Loup County is $1,916, with tax bills ranging significantly across the county. Burwell has the highest median home price at $196,810.
Median Loup County Market Value
$136,618
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Loup County, Nebraska
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Burwell | $52,614 | $109,935 | $196,810 | $306,180 | $429,435 |
Taylor | $9,260 | $23,130 | $64,150 | $187,710 | $458,011 |
Anselmo | N/A | N/A | N/A | N/A | N/A |
Bassett | N/A | N/A | N/A | N/A | N/A |
Sargent | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Loup County, Nebraska
Median Loup County Tax Bill
$1,474
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Loup County, Nebraska
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Burwell | $529 | $1,067 | $1,916 | $2,974 | $4,136 |
Taylor | $138 | $313 | $914 | $2,017 | $4,478 |
Anselmo | N/A | N/A | N/A | N/A | N/A |
Bassett | N/A | N/A | N/A | N/A | N/A |
Sargent | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell