Oak, Nuckolls County, Nebraska Property Taxes

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

Median OAK, NE effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median OAK, NE home value: $34,710
Median annual OAK, NE tax bill: $593, $1,807 lower than the national median property tax bill of $2,400.

How are property taxes in Nuckolls calculated?

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

Last Updated March 1, 2025

Oak, Nuckolls County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$382

$354

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

Property Tax Rates Across Oak, Nuckolls County, Nebraska

Local government entities determine tax rates, which can differ significantly within a state. Why? Each county calculates its necessary 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 OAK’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. OAK, located in Nuckolls County, has a median property tax rate of 1.10%, which is above the national median of 1.02%. This rate is consistent across the county, with the highest and lowest rates both at 1.10% in the 68964 ZIP code. While Nebraska's rates can vary, OAK's rate reflects the county's uniform approach. Understanding these rates helps property owners make informed decisions and potentially explore opportunities for appealing their property taxes.

Property Tax Rates Across Oak, Nuckolls County, Nebraska

Source: Ownwell

0.81%

1.34%

1.86%

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 Oak Tax Rate

1.10%

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 Oak, Nuckolls County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68964	0.80%	1.08%	1.10%	1.55%	1.55%

Source: Ownwell

Property Tax Assessment Values Across Oak, Nuckolls County, Nebraska

When examining property taxes in OAK, 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 Nuckolls County Appraisal District 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 OAK. For example, the median home price in OAK is $34,710, with tax bills ranging significantly across the county. The zip code 68964 has the highest median home price at $34,710.

Property Tax Assessment Values Across Oak, Nuckolls County, Nebraska

Source: Ownwell

$24,070

$214,150

$404,230

Median Oak Market Value

$34,710

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 Oak, Nuckolls County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68964	$1,645	$11,852	$34,710	$249,375	$696,180

Source: Ownwell

Property Tax Bills Across Oak, Nuckolls County, Nebraska

Property tax bills in OAK, located in Nuckolls County, NE, are calculated based on the assessed value of a property, which is determined by local assessors. The median home price in this region is $34,710, and the property tax rate is applied to this assessed value to determine the tax bill. Homeowners in OAK can expect their tax bills to vary significantly, with the 25th percentile at $131 and the 75th percentile reaching $2,740. At the 90th percentile, tax bills can climb to $6,109, reflecting the range of property values and assessments in the area. Compared to the national median property tax bill of $2,400, OAK homeowners generally face lower taxes, but there are exceptions. Ownwell can assist homeowners by reviewing their property assessments and identifying potential discrepancies. By appealing property tax assessments, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay what is fair and accurate, providing peace of mind and financial savings.

Property Tax Bills Across Oak, Nuckolls County, Nebraska

Source: Ownwell

$348

$2,201

$4,053

Median Oak Tax Bill

$593

Median Nuckolls County Tax Bill

$697

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Oak, Nuckolls County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68964	$12	$131	$593	$2,740	$6,109

Source: Ownwell