Nelson, Nuckolls County, Nebraska Property Taxes
Median Nelson, NE effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Nelson, NE home value: $37,865
Median annual Nelson, NE tax bill: $517, $1,883 lower than the national median property tax bill of $2,400.
How are property taxes in Nuckolls calculated?
Property taxes in Nelson, 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 Nelson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nelson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nelson, Nuckolls County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.58%
Estimate Property Tax Bill
$598
$555
Property Tax Rates Across Nelson, Nuckolls County, Nebraska
Local government entities determine property tax rates, leading to significant variations within a state. This is because each county annually estimates its budgetary needs for services and divides this by the total assessed value of all taxable properties in its area, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core process followed each year.
In Nelson, located in Nuckolls County, Nebraska, the effective property tax rate is an important figure for homeowners to consider. Compared to the national median property tax rate of 1.02%, Nebraska's median rate stands at 1.58%. This higher rate reflects the unique budgetary requirements and property values within the state. Homeowners in Nelson should be aware of how these rates impact their annual property tax bills, especially when compared to the national median property tax bill of $2,400. Understanding these differences can help property owners make informed decisions about their investments and financial planning.
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 Nelson Tax Rate
1.58%
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 Nuckolls County Tax Rate
1.58%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nelson, Nuckolls County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68961 | 1.08% | 1.10% | 1.58% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Nelson, Nuckolls County, Nebraska
When examining property taxes in Nelson, 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 Nuckolls 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.
In Nuckolls 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 Nelson.
For example, the median home price in Nelson is $37,865, with tax bills ranging significantly across the county. The zip code 68961 has the highest median home price at $37,865.
Property Tax Assessment Values Across Nelson, Nuckolls County, Nebraska
Source: Ownwell
$24,070
$214,150
$404,230
Median Nelson Market Value
$37,865
Median Nuckolls County Market Value
$44,235
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nelson, Nuckolls County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68961 | $3,548 | $13,130 | $37,865 | $90,810 | $299,459 |
Source: Ownwell
Property Tax Bills Across Nelson, Nuckolls County, Nebraska
Median Nelson Tax Bill
$517
Median Nuckolls County Tax Bill
$697
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Nelson, Nuckolls County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68961 | $42 | $182 | $517 | $1,269 | $3,379 |
Source: Ownwell