Otoe County, Nebraska Property Taxes

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

Median Otoe County effective property tax rate: 1.92%, significantly higher than the national median of 1.02%.
Median Otoe County home value: $121,530
Median annual Otoe County tax bill: $2,328, $72 lower than the national median property tax bill of $2,400.

How are property taxes in Otoe County calculated?

Property taxes in Otoe 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 Nebraska City or another part of Otoe County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Otoe County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.92%

Estimate Property Tax Bill

$2,333

$2,165

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

Property Tax Rates Across Otoe County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to each county's annual process of estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially how the process unfolds each year. In Otoe County, Nebraska, the effective property tax rate stands out when compared to other counties in Nebraska or even the U.S. median property tax rate of 1.02%. With a median property tax rate of 1.92%, Otoe County's rate is notably higher than the national average. Meanwhile, within Nebraska, Otoe County's rate is lower than the highest median property tax rate found in Otoe city at 2.51% and higher than the lowest rate in Avoca city at 1.44%. These figures illustrate the diversity of property tax rates both within the state and across the nation.

Property Tax Rates Across Otoe County, Nebraska

Source: Ownwell

1.44%

1.97%

2.51%

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 Otoe County Tax Rate

1.92%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Otoe County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Adams	1.47%	1.48%	1.58%	1.70%	1.70%
Avoca	1.27%	1.42%	1.44%	1.44%	1.44%
Bennet	1.62%	1.66%	1.70%	1.70%	1.70%
Burr	1.43%	1.44%	1.47%	1.92%	1.92%
Cook	1.45%	1.45%	1.46%	1.47%	1.47%
Douglas	1.45%	1.48%	1.70%	2.31%	2.53%
Dunbar	1.40%	1.42%	1.65%	1.69%	1.69%
Eagle	1.60%	1.60%	1.61%	1.61%	1.70%
Lorton	1.46%	1.47%	1.47%	1.47%	1.47%
Nebraska City	1.64%	2.13%	2.13%	2.13%	2.13%
Nehawka	1.47%	1.48%	1.49%	1.49%	1.68%
Otoe	1.42%	1.44%	2.51%	2.51%	2.51%
Palmyra	1.62%	1.70%	1.70%	2.02%	2.02%
Syracuse	1.42%	1.44%	1.92%	1.92%	1.92%
Talmage	1.45%	1.46%	1.89%	1.89%	1.89%
Unadilla	1.44%	1.45%	1.65%	2.07%	2.07%
Union	0.56%	1.63%	1.64%	1.65%	1.65%
Julian	N/A	N/A	N/A	N/A	N/A
Peru	N/A	N/A	N/A	N/A	N/A
Sterling	N/A	N/A	N/A	N/A	N/A
Tecumseh	N/A	N/A	N/A	N/A	N/A
Walton	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Otoe County, Nebraska

When examining property taxes in Otoe 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 Otoe 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.

Assessment notices:

In Otoe 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 Otoe County. For example, the median tax bill in Otoe County is $2,400, with tax bills ranging significantly across the county. Cook has the highest median home price at $375,740.

Property Tax Assessment Values Across Otoe County, Nebraska

Source: Ownwell

$31,060

$203,400

$375,740

Median Otoe County Market Value

$121,530

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Otoe County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Adams	$160,084	$202,850	$278,174	$359,343	$503,876
Avoca	$137,516	$183,708	$253,798	$394,978	$492,123
Bennet	$142,524	$176,535	$223,870	$313,540	$555,284
Burr	$18,642	$41,282	$125,516	$275,057	$554,743
Cook	$166,723	$224,742	$375,740	$536,282	$725,434
Douglas	$12,560	$43,275	$105,300	$233,598	$408,593
Dunbar	$13,600	$43,180	$108,775	$280,608	$584,320
Eagle	$199,538	$255,448	$331,120	$392,800	$487,388
Lorton	$2,676	$7,482	$29,230	$42,820	$62,091
Nebraska City	$24,924	$50,050	$100,562	$166,854	$271,732
Nehawka	$165,051	$179,620	$314,900	$574,729	$719,200
Otoe	$7,156	$20,870	$48,410	$189,742	$338,042
Palmyra	$57,701	$114,252	$184,685	$278,055	$388,010
Syracuse	$42,097	$89,506	$141,805	$217,230	$348,923
Talmage	$6,284	$16,688	$45,495	$182,178	$517,577
Unadilla	$44,674	$90,592	$139,100	$255,070	$396,452
Union	$58,139	$135,568	$216,866	$400,999	$488,341
Julian	N/A	N/A	N/A	N/A	N/A
Peru	N/A	N/A	N/A	N/A	N/A
Sterling	N/A	N/A	N/A	N/A	N/A
Tecumseh	N/A	N/A	N/A	N/A	N/A
Walton	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Otoe County, Nebraska

In Otoe County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area is $121,530, and the property tax bill is calculated by applying the local tax rate to this assessed value. Factors such as property improvements, location, and market conditions can influence the assessed value. For homeowners in Otoe County, the median property tax bill is notably lower than the national median of $2,400, with a range from $1,028 at the 25th percentile to $5,876 at the 90th percentile. This variation reflects the diverse property values and tax rates within the county. Comparatively, the highest median tax bill in the state is $5,477 in Cook, while the lowest is $421 in Lorton. Understanding these factors is crucial for homeowners as property taxes can significantly impact annual housing costs, influencing decisions about buying, selling, or investing in property within the county.

Property Tax Bills Across Otoe County, Nebraska

Source: Ownwell

$439

$2,958

$5,477

Median Otoe County Tax Bill

$2,328

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Otoe County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Adams	$2,162	$2,909	$4,409	$5,698	$8,279
Avoca	$1,827	$2,513	$3,640	$5,454	$7,019
Bennet	$2,419	$2,999	$3,797	$5,160	$9,206
Burr	$388	$790	$2,109	$4,167	$8,048
Cook	$2,418	$3,310	$5,477	$7,855	$10,606
Douglas	$141	$774	$2,016	$3,595	$6,384
Dunbar	$165	$541	$1,603	$4,278	$8,445
Eagle	$3,039	$4,153	$5,295	$6,249	$7,867
Lorton	$20	$110	$421	$605	$797
Nebraska City	$332	$930	$2,034	$3,394	$5,020
Nehawka	$2,552	$2,940	$4,089	$8,480	$10,609
Otoe	$102	$480	$1,120	$2,893	$4,752
Palmyra	$875	$2,169	$3,319	$4,792	$6,442
Syracuse	$562	$1,404	$2,491	$3,654	$5,412
Talmage	$89	$292	$747	$2,859	$7,314
Unadilla	$769	$1,671	$2,420	$4,025	$6,570
Union	$504	$1,134	$3,541	$5,180	$8,005
Julian	N/A	N/A	N/A	N/A	N/A
Peru	N/A	N/A	N/A	N/A	N/A
Sterling	N/A	N/A	N/A	N/A	N/A
Tecumseh	N/A	N/A	N/A	N/A	N/A
Walton	N/A	N/A	N/A	N/A	N/A

Source: Ownwell