Fullerton, Nance County, Nebraska Property Taxes

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

Median FULLERTON, NE effective property tax rate: 1.88%, significantly higher than the national median of 1.02%, but lower than the NE state median of 1.75%.
Median FULLERTON, NE home value: $95,868
Median annual FULLERTON, NE tax bill: $1,686, $714 lower than the national median property tax bill of $2,400.

How are property taxes in Nance calculated?

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

Last Updated March 1, 2025

Fullerton, Nance County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.88%

Estimate Property Tax Bill

$1,802

$1,673

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

Property Tax Rates Across Fullerton, Nance 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 Fullerton’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 is significantly higher than the national median, reflecting the state's reliance on property taxes to fund local services. Fullerton, located in Nance County, shares this median rate, illustrating the uniformity in tax rates across the county. Understanding these rates is crucial for property owners aiming to manage their expenses effectively. By appealing your property tax assessment, you might reduce your tax burden, potentially saving hundreds or even thousands of dollars annually.

Property Tax Rates Across Fullerton, Nance County, Nebraska

Source: Ownwell

1.05%

1.47%

1.88%

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 Fullerton Tax Rate

1.88%

Median Effective Nance County Tax Rate

1.73%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fullerton, Nance County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68638	1.25%	1.27%	1.88%	1.88%	1.88%

Source: Ownwell

Property Tax Assessment Values Across Fullerton, Nance County, Nebraska

When examining property taxes in Fullerton, NE, 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 Nance 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 Nance 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 Fullerton.

For example, the median home price in Fullerton is $95,868, with tax bills ranging significantly across the county. Zip code 68638 has the highest median home price at $95,868.

Property Tax Assessment Values Across Fullerton, Nance County, Nebraska

Source: Ownwell

$42,050

$217,848

$393,645

Median Fullerton Market Value

$95,868

Median Nance County Market Value

$104,025

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fullerton, Nance County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68638	$19,542	$47,024	$95,868	$172,700	$406,622

Source: Ownwell

Property Tax Bills Across Fullerton, Nance County, Nebraska

In Fullerton, NE, 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 establish the annual tax bill. With a median home price of $95,868, homeowners in Fullerton face varying tax bills. The 25th percentile tax bill is $789, while those in the 75th percentile pay $2,931, and the 90th percentile reaches as high as $5,393. Compared to the national median property tax bill of $2,400, Fullerton's tax landscape presents both challenges and opportunities for savings.

Homeowners can find relief with Ownwell's services, which are designed to ensure fair property assessments and identify potential exemptions. By leveraging local expertise and data-driven strategies, Ownwell helps homeowners navigate the complexities of property taxes, potentially reducing their annual bills. This assistance is invaluable for those seeking to manage their property tax obligations more efficiently and cost-effectively.

Property Tax Bills Across Fullerton, Nance County, Nebraska

Source: Ownwell

$508

$2,366

$4,224

Median Fullerton Tax Bill

$1,686

Median Nance County Tax Bill

$1,688

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Fullerton, Nance County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68638	$317	$789	$1,686	$2,931	$5,393

Source: Ownwell