Douglas, Otoe County, Nebraska Property Taxes

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

Median Douglas, NE effective property tax rate: 1.70%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Douglas, NE home value: $105,300
Median annual Douglas, NE tax bill: $2016, $384 lower than the national median property tax bill of $2,400.

How are property taxes in Otoe calculated?

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

Last Updated March 1, 2025

Douglas, Otoe County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$3,072

$2,850

Ownwell’s Douglas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Douglas with just two data points.

By entering your property's estimated assessed value, our calculator applies Douglas’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 Otoe County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Douglas, Otoe County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

Douglas in Otoe County, Nebraska, has an effective property tax rate that reflects the county's budgetary needs and property values. The median property tax rate in Nebraska stands at 1.70%, significantly above the national median of 1.02%. This positions Nebraska as one of the states with a higher property tax burden compared to the national average. Additionally, the property tax bill in Douglas is influenced by local assessments and valuation practices, which can vary from other regions within the state. By understanding these factors, property owners in Douglas can better navigate their property tax obligations and explore potential savings through appeals or exemptions. For those in Douglas, staying informed about local tax rates and assessment practices is crucial in managing property tax expenses effectively.

Property Tax Rates Across Douglas, Otoe County, Nebraska

Source: Ownwell

1.22%

1.70%

2.18%

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 Douglas Tax Rate

2.18%

Median Effective Otoe County Tax Rate

1.77%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Douglas, Otoe County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68344	1.35%	1.38%	2.18%	2.18%	2.28%

Source: Ownwell

Property Tax Assessment Values Across Douglas, Otoe County, Nebraska

When examining property taxes in Douglas, 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 Otoe 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 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 Douglas. For example, the median home price in Douglas is $105,300, with tax bills ranging significantly across the county. Zip code 68344 has the highest median home price at $107,290.

Property Tax Assessment Values Across Douglas, Otoe County, Nebraska

Source: Ownwell

$36,946

$226,075

$415,204

Median Douglas Market Value

$140,906

Median Otoe County Market Value

$165,200

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Douglas, Otoe County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68344	$13,891	$51,822	$140,906	$303,966	$481,312

Source: Ownwell

Property Tax Bills Across Douglas, Otoe County, Nebraska

In Douglas, NE, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Various factors, including property size, location, and improvements, contribute to this valuation. Property taxes in Douglas can significantly impact homeowners, with tax bills varying widely. For instance, while the tax bill at the 25th percentile is $774, it can rise to $6,384 at the 90th percentile. This range illustrates the potential financial burden on homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers a solution by providing property tax appeal services, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in reducing the assessed value, thereby lowering the tax burden. This service can be invaluable for homeowners seeking relief from high property taxes in Douglas.

Property Tax Bills Across Douglas, Otoe County, Nebraska

Source: Ownwell

$487

$3,110

$5,733

Median Douglas Tax Bill

$2,716

Median Otoe County Tax Bill

$2,874

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Douglas, Otoe County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68344	$302	$973	$2,716	$4,314	$6,708

Source: Ownwell